Cape Elizabeth is a somewhat small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Maine. With a population of 9,580 people and two associated neighborhoods, Cape Elizabeth is the 26th largest community in Maine.
Cape Elizabeth home prices are not only among the most expensive in Maine, but Cape Elizabeth real estate also consistently ranks among the most expensive in America.
Also of interest is that Cape Elizabeth has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Cape Elizabeth telecommute to their jobs. Overall, about 24.50% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Cape Elizabeth is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Cape Elizabeth is a great place for families with children to consider. First of all, many other families with children live here, making Cape Elizabeth a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Cape Elizabeth has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Cape Elizabeth’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One of the nice things about Cape Elizabeth is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
Being a small town, Cape Elizabeth does not have a public transit system used by locals to get to and from work.
Do you like to read, write and learn? If you move to Cape Elizabeth, you'll likely find that many of your neighbors like to as well. Cape Elizabeth is one of the more educated communities in America, with a full 75.52% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Cape Elizabeth in 2022 was $77,581, which is wealthy relative to Maine and the nation. This equates to an annual income of $310,324 for a family of four.
The people who call Cape Elizabeth home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cape Elizabeth residents report their race to be White, followed by Asian. Important ancestries of people in Cape Elizabeth include Irish, English, German, Italian, and Scottish.
The most common language spoken in Cape Elizabeth is English. Other important languages spoken here include Spanish and Langs. of India.