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ZIP Code 08242

Cape May, New Jersey

FIPS 08242

Juniper

ZIP Code 08242 is in the top 20% nationally for HPI growth 5yr %, but in the bottom 11% nationally for FEMA risk score. It also sits in the 76th percentile nationally for median rent. And it sits in the 72th percentile nationally for median home value.

Median Home Value

$318,300

Higher than 72% of U.S. ZIP codes

HPI Growth 5yr %

55%

Higher than 80% of U.S. ZIP codes

FEMA Risk Score

92.7

Higher than 89% of U.S. ZIP codes

The basics

Total Population

4,141

Median Age

51.4

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$318,300

Higher than 72%

Median Property Tax

$5,195

Effective Tax Rate

2%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

3.41

Higher than 63%

Median Rent

$1,305

Higher than 76%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

55%

Higher than 80%

Pandemic Gain %

55%

Recession Drop %

-30%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

83.3

Winter Avg Low (°F)

30.3

Avg Temperature (°F)

56.2

Hot Days/yr (>90°F)

14.8

Freezing Days/yr (<32°F)

72.1

Annual Precipitation (in)

45.7

Annual Snowfall (in)

14.8

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

92.7

Higher than 89%

EAL Flood/Coastal per $1K

0.18

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 08242: frequently asked questions

What is the median home value in ZIP Code 08242?
The median home value in ZIP Code 08242 is $318,300, higher than 72% of U.S. ZIP codes.
How much is property tax in ZIP Code 08242?
The median annual property tax in ZIP Code 08242 is $5,195, an effective rate of 2% of home value.
Is ZIP Code 08242 expensive to live in?
Homes in ZIP Code 08242 cost about 3.41× the median household income, higher than 63% of U.S. ZIP codes.
What is the average rent in ZIP Code 08242?
The median gross rent in ZIP Code 08242 is $1,305 a month, higher than 76% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 08242?
Home prices in ZIP Code 08242 have moved 55% over the past five years, per the FHFA House Price Index.
What is the weather like in ZIP Code 08242?
ZIP Code 08242 averages 56.2°F year-round, summer highs near 83.3°F, winter lows around 30.3°F (NOAA 1991–2020 normals). It sees about 14.8 inches of snow a year.
Is ZIP Code 08242 at risk of flooding or natural disasters?
ZIP Code 08242's FEMA National Risk Index score is 92.7 (higher than 89% of U.S. ZIP codes). Its greatest modeled natural hazard is hurricane. Expected annual loss from flooding is 0.18 per $1,000 of building value.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →