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Advertise here →Rio Grande, NJ · Market Data
Rio Grande, New Jersey real estate market data.
Real estate market data for Rio Grande, NJ (Cape May County) — Census median home value $311,900, county listing prices up about 10.3% over the past year.
Rio Grande, NJ is in Cape May County, New Jersey — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,285, with a median household income of $97,590. Census data puts Rio Grande's median home value at $311,900 (all owner-occupied homes); Cape May County's current median listing price runs $974,950, up about 10.3% over the past year.
At a glance
Rio Grande market snapshot
Population
3,285
Median Household Income
$97,590
Median Home Value (city)
$311,900
Median Listing Price (Cape May County)
$974,950
Median Gross Rent
$1,486/mo
Price Trend (YoY)
+10.3%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Rio Grande different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Rio Grande's median home value — across all owner-occupied homes, not just recent sales — at $311,900. Separately, Cape May County's current median listing price (via Realtor.com data, 2026-06-01) runs $974,950. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Cape May County's FHFA house price index shows a 3.94% annual change in 2025.
Population & Income
Rio Grande has an estimated population of 3,285 and a median household income of $97,590, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Rio Grande's Census-reported median home value works out to about 3.2x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Rio Grande FAQ
What are home values like in Rio Grande, NJ?
The Census Bureau's American Community Survey puts Rio Grande's median home value at $311,900. Cape May County's current median listing price runs $974,950, up about 10.3% over the past year.
What is the population of Rio Grande, NJ?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Rio Grande's population at approximately 3,285.
What's the median rent in Rio Grande, NJ?
The Census ACS estimates median gross rent in Rio Grande at approximately $1,486 per month.
What is the median household income in Rio Grande, NJ?
Census ACS data puts the median household income in Rio Grande at approximately $97,590.
Is the Rio Grande housing market growing?
Cape May County's FHFA house price index shows a 3.94% annual change in 2025.
Is Rio Grande, NJ affordable relative to income?
Census ACS data puts Rio Grande's median home value at about 3.2 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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