1. CAPE MAY COUNTY, NEW JERSEY
OVERVIEW LABOR FORCE & EMPLOYMENT
CURRENT CIVILIAN UNEMPLOYMENT
LABOR FORCE RATE
59,600 11.9% 9.8% NJ
8.3% US
TOTAL EMPLOYED PER CAPITA PERSONAL INCOME
52,500 $33,600 $35K NJ
$27K US
MAJOR PRIVATE SECTOR EMPLOYERS
Company Industry 2011 Employment
HISTORY Cape Regional Med Ctr Gen Med/Surgical Hospital 1,200
Acme Markets Inc Grocery Supermarkets 540
1620: Named Cape Mey, after Dutch
S & T Amusement Co Amusement Parks 250
captain, Cornelius Jacobsen Mey Shop Rite Grocery/Supermarkets 200
1621: Spelling changed to Cape May Mm Cold Springs Fish & Supply Co Wholesale Trade Agents 175
1692: Cape May County founded Mariners Landing Inc Pier/Amusement 175
1878: Reconstructed with Victorian era Oceanfront Properties Motels 125
buildings after Cape May City nearly Lund’s Fisheries Inc Fresh/Frozen Seafood 100
burned to the ground
1976: Cape May City was declared a
FASTEST GROWING EMPLOYMENT SECTORS
National Historic Landmark City
Rank Industry % of new employment
1 Nursing and Residential Care Facilities >20%
2 Social Assistance 16%
CURRENT POPULATION: 3 Food Services and Drinking Places 14%
95,948
4 Hospitals 11%
5 Religious, Grant-making, Civic, Professional and other 10%
LARGEST EMPLOYMENT SECTORS (TOP 5)
PROJECTED EMPLOYMENT GROWTH Rank Sector Cape May NJ U.S.
(2008-2018) 1 Leisure & Hospitality 24% 9% 10%
2 Trade, Transportation & Utilities 19% 21% 19%
Cape May 2.0% 3 Education & Healthcare Services 11% 23% 14%
4 Professional & Business Services 6% 15% 13%
5 Construction 6% 4% 5%
NJ 2.8%
LARGEST OCCUPATIONS (TOP 5)
Rank Occupation Cape May NJ U.S.
1 Office & Admin Support 17% 17% 16%
2 Food Prep & Serving Related 14% 6% 8%
LARGEST MUNICIPALITIES 2011
3 Sales & Related 12% 11% 11%
Lower Twp (22,866) 4 Personal Care & Service 7% 4% 3%
Middle Twp (18,911) 5 Construction & Extraction 6% 4% 5%
- Cape May Court House*
Upper Twp (12,373)
Ocean City (11,701) ETHNICITY/DIVERSITY AGE MEDIAN AGE
Dennis Twp (6,467) 44
90%
TAX INFORMATION 2011
Corporate Income Tax = 9% 28% 28%
6%
Personal Income = 8.97%(max) 24%
Sales Tax = 7% 5% 21%
Property Tax = $2,372 per capita 1%
3%
Under 25
Hispanic/
Median Property Taxes Paid in
Asian
White
Latino
Black
Other
45-64
25-44
county = $3,494
65+
*county seat
www.choosenj.com/capemaycounty.pdf
2. CAPE MAY COUNTY LABOR FORCE & EMPLOYMENT cont’d TRANSPORTATION/MOBILTY
EDUCATION ATTAINMENT AVG COMMUTE TIME (MINS) AVAIL TRANSPORTATION SYSTEMS
9% 12%
Less than H.S.
H.S. Diploma
22 30 NJ
25 US 9 Bus Routes
Some College CARPOOL
18%
36%
4 Yrs of College
> 4 Yrs of College 9.3% 11 Commuter Rail Lines
(statewide)
25% USE PUBLIC TRANSIT
COUNTY: US:
COLLEGE DEGREE
26%
COLLEGE DEGREE
28%
1.7% 3 Light Rail Lines
(statewide)
MILES OF INTERSTATES & KEY ROADS
LARGEST SCHOOL DISTRICTS HIGHWAYS (statewide) Garden State Parkway
Ocean City
Grade 12
Enrollment
376
Average Combined
SAT score (US :1509)
1511
38,000
Lower Cape May Regional 271 1443
MILEAGE TO NEAREST AIRPORTS ABOUT ATLANTIC CITY INT’L AIRPORT
Middle Township 247 1450 Joint civil-military public airport
Wildwood 56
VOCATIONAL SCHOOLS
1314
28 To Atlantic City
Airport
5,300-acre site
1 million passengers annually
55
Institute Enrollment To Philadelphia ABOUT PHILADELPHIA INT’L AIRPORT
High School Vocational 641 Int’l Airport 30.8 Million passengers (2011)
Post Secondary Vocational 75 Ranked 11th in world for Aircraft
MILEAGE TO NEAREST PORT movements
INSTITUTES OF HIGHER EDUCATION
Institute Type
ENROLLMENT
Under
graduate
Graduate 62 To Camden Port ABOUT PORT OF CAMDEN
4 Terminals
Richard Stockton 4 Yr 6,813 746 35 Tenants
ACCESS TO CUSTOMERS
(Atlantic County) Specializes in handling break-
(MILLIONS)
Atlantic Cape 2 Yr 6,500 NA bulk and container cargo
Nation’s leader in handling
Community College
COST OF DOING BUSINESS
100 Within one
day drive import wood products
2011 WAGES SPACE AVAILABILITY
Occupation Cape May NJ Type Sq Ft/Acre Occupancy Costs
Bldg/Grounds Cleaning & Maint $25,70 $28,180 Land 573 acre $3.06 / sf
Construction and Extraction $45,600 $56,400 Industrial 91,000 $5.20 / sf
Food Prep & Serving Related $22,780 $23,650 Office 78,000 $15.47 / sf
Healthcare Practitioners $69,890 $83,800
Install, Maint & Repair $42,790 $49,710
Management $97,890 $131,770 UTILITY COSTS
Office & Admin Support $33,430 $36,810 Type of Utility Cost/Available Providers Rank
Personal Care & Service $27,580 $27,970 Gas $2.63 2nd lowest
Sales & Related $32,940 $43,760 Electric 14.8 cents / Deregulated 7th highest
Telecom Varies by location NA
Trnsp and Material Moving $32,010 $33,100
Waste/Sewer Varies by location NA
KEY RESOURCES & CONTACTS
TRACYE MCDANIEL | PRESIDENT AND CHIEF EXECUTIVE OFFICER
MICHAEL CHROBAK | CHIEF ECONOMIC DEVELOPMENT OFFICER
SOURCES: NJ Department of Labor & US Bureau of Labor Statistics; American
EconDev@choosenj.com Community Survey, 2005-2009 Estimates,; NJ State Police & FBI, Uniform Crime Report;
NJ Monthly Magazine, 2010; NJ State Department of Education, Spring 2010; Board of
609-297-2200 Public Utilities; Tax Foundation; Infoplease.com; Travelmath; CoStar; Hoovers; Institute
www.ChooseNJ.com for Energy Research; Data current as of May 2012
www.choosenj.com/capemaycounty.pdf