Cape May Point, New Jersey Mortgage and Housing Information

Population: 241
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$350,000

A comparison of the average prices of homes in Cape May Point, New Jersey and the U.S.
	U.S.	New Jersey	Cape May Point
Median home value in year 2000	$111,800	$167,900	$310,000

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	New Jersey	Cape May Point
With a mortgage	$1,088	$1,560	$1,250
Without a mortgage	$295	$567	$431

Types of mortgages for owner-occupied Single-family Houses in Cape May Point (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	69	59.0%
First Mortgage Only	43	36.8%
Second Mortgage and/or Home Equity Loan	5	4.3%
Total	117	100%

Median age for males and females (2000).
Males	64
Females	63

Males earn $42,917 (206.0%) more than Females in Cape May Point.

Level of higher education for people over 25 years in Cape May Point (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	3	3.2%	8	8.6%
Associate Degree	2	2.2%	2	2.2%
Bachelor's Degree	53	57.0%	27	29.0%
Master's Degree	8	8.6%	21	22.6%
Professional Degree	2	2.2%	2	2.2%
Doctorate Degree	5	5.4%	0	0.0%
Total (at least some college)	73	78.5%	60	49.2%
Total over 25	93	100%	122	100%

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