Census ACS · ZIP Code Tabulation Area

08242 Income Statistics for 2026

Cape May County, New Jersey

Median household income

$93,250

Median household income ($93,250) is lower than Cape May County County ($93,354).

08242$93,250
Cape May County County$93,354
08247$167,917
08202$146,071
08212$86,125
08243$108,359
08226$101,782

Average household income

$101,353

Average household income ($101,353) is lower than Cape May County County ($121,715).

08242$101,353
Cape May County County$121,715
08247$274,626
08202$215,201
08212$168,487
08243$164,172
08226$147,215

Per-capita income

$45,552

Per-capita income ($45,552) is lower than Cape May County County ($55,536).

08242$45,552
Cape May County County$55,536
08247$139,839
08202$109,832
08212$135,317
08243$88,974
08226$71,999

Households earning $100k+

43.9%

Households earning $100k+ (43.9%) is lower than Cape May County County (46.0%).

0824243.9%
Cape May County County46.0%
0824764.4%
0820263.0%
0821229.3%
0824353.6%
0822650.6%

All demographics

Population
4,141
Households
1,904
Median age
51.4 yrs
Median household income
$93,250
Mean household income
$101,353
Per capita income
$45,552
Median home value
$318,300
Median gross rent
$1,305
Owner-occupied housing
77.6%
Bachelor's degree or higher
33.6%
In labor force
52.2%
Poverty rate
9.5%
Households earning $100k+
43.9%
Population under 5
3.9%
Population age 18–34
14.9%
Population age 25–44
19.7%
Population age 45–64
34.9%
Population age 65+
22.0%
Hispanic or Latino
21.0%
Black (non-Hispanic)
7.3%
Asian (non-Hispanic)
0.7%
Unemployment rate
3.1%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/new-jersey/08242

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 08242 income statistics ($93,250 median)

ZIP Code Tabulation Area 08242 in New Jersey is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 08242 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 4,141 people live in this ZCTA. Median household income here ($93,250) is lower than Cape May County County ($93,354). Operators sizing a local market often pair median income with mean income ($101,353) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·New Jersey·ZIP codes in Cape May County