Starting a Business in Cape May County, NJ

What does it cost to start a business in Cape May County? Here are the numbers.

Avg Startup Cost

$62,903

Monthly Overhead

$1,928

Est. Break-Even

30 mo

Runway

33 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,928/mo
Median Household Income$83,870
Property Tax Rate1.4%

Population (market size)95,456

Market Context

Median Home Value$372,300
Homeownership Rate78.4%
Median Rent$1,285/mo

CountyCape May County

About Cape May County, New Jersey

Cape May County in New Jersey has a population of 95,456 and a median household income of $83,870. The moderate population offers opportunities for niche businesses with less competition.

These are starting estimates based on county-level data. Your actual startup costs depend on your industry, business model, location within the county, and dozens of other factors. Use our calculator for a detailed viability analysis.

Analyze Your Business Viability in Cape May County

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Other Counties in New Jersey

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: SBA, BLS. Estimates based on county-level medians. This is not financial advice.