Zip Code
08204
City
Cape May, NJ
Population & Migration
What is the forecasted population for Zip code 08204 Cape May, NJ?
- Population census 2020
- 17,257
- Forecasted population 2025
- 16,536
- -4.2% vs. 2020
- Forecasted population 2030
- 16,070
- -6.9% vs. 2020
Zip code 08204 Cape May, NJ population is forecasted to decrease -4.2% by 2025 (-8.9 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 16,536 people for 2025 zip code 08204 Cape May, NJ will generate a good demand for housing, which is expected to have an excess of -895 houses for 2030. Vacancy rate is 28.1 points above national US average.
- Total homes available 2020
- 13,024
- Estimated total home demand in 2030
- 12,128
- Total homes balance inventory
- -895
Average Household Income in zip code 08204 Cape May, NJ
from Internal Revenue Service
- Average household income in 2021
- $95,982
Affordability
- Affordability Index
- 6
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 08204 Cape May, NJ?
County total number of drinking water violations
957
+292%
244
County total number of drinking water contaminations
50
+108%
24
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