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Business and Industry

Business opportunities abound for entrepreneurs offering products or services to a booming second home market as well as a thriving tourism-driven economy.

Tourism and fishing are the catalysts for Cape May County, with over 90% of the county’s employment based on tourism-connected businesses and the port of Cape May/Wildwood, the largest fishing port in New Jersey, making a substantial impact on the local economy.

It’s no surprise that tourism creates more than 30,000 seasonal jobs in a county where the population reaches about 640,000 people in the height of the season. Cape May County ranks second in the state in tourism dollars generated, including $2.2 billion in lodging, over $900 million in restaurants, $548 million in retail sales, $329 million in entertainment and another $100 million in transportation. Dollars generated a year ago totaled over $4 billion! The county ranks first in the state with over 43,000 seasonal second homes, another factor that contributes to a tourism-based economy.

Tourism is followed closely by the fishing industry, with fleets of ships based in the port of Cape May/Wildwood, one of the largest ports on the East Coast and the 5th largest port in the United States. Commercial vessels fish year round, bringing in mackerel, fluke, sea bass, porgies, lobsters and scallops. Surf clams and ocean quahogs are also caught here, then processed locally into chowders, sauces and other clam-related delicacies. Cape May annually lands over 60 million pounds of fish valued at more than $36 million and growing each year.

With a growing Baby Boomer population and an increasing number of senior citizens who have retired here, health related careers are an in-demand occupation throughout the county.

The hospital, several extended care and rehabilitation centers plus home health and nursing services listed among the county’s top employers.

The county has also seen an increase in new businesses, especially those that provide needed services in the construction, landscaping, computer and service-related businesses. Schools, along with county and municipal governments also provide employment opportunities for county residents.

UNITED STATES COAST GUARD
TRAINING CENTER CAPE MAY

The U.S. Coast Guard Training Center in Cape May, NJ, is the Nation’s only Boot Camp for enlisted personnel in the Coast Guard.

In addition to training, several other Coast Guard Commands are located at Cape May. The Ships and Rescue Craft that operate from this facility represent some of the diverse missions assigned to the Coast Guard worldwide.

Training Center Cape May builds the enlisted corps by preparing America’s volunteers for success in the Coast Guard. We provide apprentices who are willing and ready to learn their profession.

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