HomeNew JerseyCape May CountyPalermo CDP
Palermo CDP, New Jersey: commercial real estate data.
Palermo CDP is a Census CDP of 2,696 people across 3.11 square miles of land, in Cape May County. Median household income is $101,005, 97.9 percent of occupied homes are owned.
48 sourced place values · tier FULL · 6 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Palermo
What Palermo is
- Census place typeCDP
- Land area3.11 sq mi
- Water area0.06 sq mi
- Population per square mile of land866
- County holding the largest share of its areaCape May County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palermo
How many people live in Palermo
- Population2,696
- Median age47.4 plus or minus 12.5
- Population under 18658 plus or minus 182
- Share under 1824.4 percent plus or minus 5.3
- Population 65 and over918 plus or minus 227
- Share 65 and over34.1 percent
- Households1,167
- Family households816
- Share of households that are families69.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palermo
Income and work in Palermo
- Median household income$101,005
- Per capita income$50,836
- Civilian labor force1,189 plus or minus 239
- Employed1,180 plus or minus 240
- Unemployed9 plus or minus 13
- Unemployment rate0.8 percent plus or minus 1.1
- Adults 25 and over1,989
- Adults 25 and over with a high school diploma or higher98.6 percent plus or minus 21.0
- Adults 25 and over with a bachelor degree or higher46.9 percent
- Adults 25 and over with a graduate degree16.1 percent plus or minus 4.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palermo
Housing in Palermo
- Housing units1,280
- Occupied units1,167
- Vacant units113 plus or minus 93
- Vacancy rate8.8 percent plus or minus 7.1
- Owner occupied1,142
- Renter occupied25 plus or minus 30
- Ownership rate97.9 percent
- Median owner-occupied home value$395,400
- Single family units1,082
- Share single family84.5 percent
- Units in buildings of two or more7 plus or minus 18
- Share in buildings of two or more0.5 percent plus or minus 1.4
- Mobile homes191 plus or minus 67
- Median year structure built1983
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palermo
How Palermo gets to work
- Workers 16 and over who commute1,061 plus or minus 238
- Commuting under 15 minutes179 plus or minus 68
- Share commuting under 15 minutes16.9 percent plus or minus 5.1
- Commuting 30 minutes or more361 plus or minus 131
- Share commuting 30 minutes or more34.0 percent plus or minus 9.7
- Drove alone89.6 percent
- Carpooled2.0 percent plus or minus 2.3
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home8.5 percent plus or minus 6.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cape May County, not Palermo
Cape May County context, not Palermo figures
These are Cape May County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Palermo measurements.
- Establishments in Cape May County3,816
- Employment at those establishments, Cape May County28,065
- Covered employment, Cape May County42,713
- Average annual pay, Cape May County$48,574
- Average weekly wage, Cape May County$934
- Housing units permitted, Cape May County895
- Of those, single family, Cape May County660
- County product, 2024, Cape May County$7,801,173,000
- County product change over the prior year, Cape May County5.2 percent
- Average income of an arriving household, Cape May County$141,294
Every figure in this section is published for Cape May County as a whole and is not a measurement of Palermo. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- No median gross rent is published for this place.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Palermo questions, answered from the record.
How many people live in Palermo, New Jersey?
2,696, in 1,167 households. Palermo CDP covers 3.11 square miles of land, which is 866 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Palermo in?
Cape May County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Palermo?
$101,005. The median owner-occupied home is valued at $395,400. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Palermo figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cape May County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Palermo.
Is zoning published for Palermo?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.