Cape May, New Jersey Mortgage and Housing Information

Population: 4,034
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$96,000

A comparison of the average prices of homes in Cape May, New Jersey and the U.S.
	U.S.	New Jersey	Cape May
Median home value in year 2000	$111,800	$167,900	$227,700

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	New Jersey	Cape May
With a mortgage	$1,088	$1,560	$1,299
Without a mortgage	$295	$567	$467

Types of mortgages for owner-occupied Single-family Houses in Cape May (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	391	47.4%
First Mortgage Only	352	42.7%
Second Mortgage and/or Home Equity Loan	82	9.9%
Total	825	100%

Median age for males and females (2000).
Males	39
Females	52

Males earn $6,762 (43.2%) more than Females in Cape May.

Level of higher education for people over 25 years in Cape May (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	301	23.2%	290	22.4%
Associate Degree	82	6.3%	100	7.7%
Bachelor's Degree	257	19.8%	303	23.4%
Master's Degree	102	7.9%	115	8.9%
Professional Degree	48	3.7%	50	3.9%
Doctorate Degree	25	1.9%	6	0.5%
Total (at least some college)	815	62.8%	864	52.5%
Total over 25	1,297	100%	1,645	100%

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