Cape May County, New Jersey Property Taxes
Census Bureau ACS property tax data for New Jersey. Population: 35,180.
The median annual property tax in Cape May County is $5,233, which is 39% lower than the New Jersey state average and 172% above the national average. The effective tax rate is 1.32% on a median home value of $395,000. Property taxes represent 5.9% of the median household income in this county.
Median Annual Tax
$5,233
-39% vs State
+172% vs US
Median Home Value
$395,000
-2% vs State
+87% vs US
Effective Tax Rate
1.32%
-40% vs State
+39% vs US
With vs Without Mortgage
With Mortgage
$5,242
$437/mo
Without Mortgage
$5,218
$435/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $5,233 +3.2% | 1.32% |
| 2022 | $5,071 +7.8% | 1.36% |
| 2021 | $4,702 +4.6% | 1.48% |
| 2020 | $4,494 -1.4% | 1.47% |
| 2019 | $4,556 | 1.52% |
Tax Burden
Tax-to-Income Ratio
5.9%
of median household income
Median Income
$88,046
per year
Monthly Tax
$436
per month
Other Counties in New Jersey
Camden County
Tax: $8,063/yr Rate: 3.08%
Warren County
Tax: $8,156/yr Rate: 2.52%
Middlesex County
Tax: $9,684/yr Rate: 2.20%
Hudson County
Tax: $9,413/yr Rate: 1.85%
Union County
Tax: $10,001/yr Rate: 2.05%
Salem County
Tax: $6,757/yr Rate: 3.03%
Frequently Asked Questions
What is the average property tax in Cape May County, New Jersey? ▼
The median annual property tax in Cape May County is $5,233 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.32% on a median home value of $395,000.
How does Cape May County property tax compare to the national average? ▼
Property taxes in Cape May County are 172% above the national average of $1,923. The effective rate of 1.32% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Cape May County? ▼
In Cape May County, homeowners with a mortgage pay a median of $5,242 in annual property taxes, while homeowners without a mortgage pay $5,218. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Cape May County? ▼
Property taxes in Cape May County represent approximately 5.9% of the median household income of $88,046. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.