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Cape May city: Median Household Income Trend

How Cape May city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$58,958
2023
$57,230
Total change
$1,728
% change
-2.9%
Year Median Household Income Change
2017 $58,958
2019 $55,700 $3,258 (-5.5%)
2020 $64,330 +$8,630 (15.5%)
2021 $71,875 +$7,545 (11.7%)
2022 $69,896 $1,979 (-2.8%)
2023 $57,230 $12,666 (-18.1%)

Other Cape May city Trends