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.Unlike some towns, Cape Elizabeth isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Cape Elizabeth are a mix of both white- and blue-collar jobs. Overall, Cape Elizabeth is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Cape Elizabeth who work in management occupations (19.75%), healthcare (13.28%), and office and administrative support (8.32%). 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. One interesting thing about the economy is that relatively large numbers of people worked from their home: 24.50% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre. 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. Cape Elizabeth is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery. Cape Elizabeth is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.If knowledge is power, Cape Elizabeth is a pretty powerful place. 75.52% of the adults in Cape Elizabeth have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. 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.
