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 9,592 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.Cape Elizabeth is a decidedly white-collar town, with fully 86.98% of the workforce employed in white-collar jobs, well above the national average. 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 (20.47%), healthcare (13.79%), and sales jobs (8.13%). 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: 27.75% 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". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums. Cape Elizabeth is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the 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. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities. 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. 77.25% 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 $79,305, which is wealthy relative to Maine and the nation. This equates to an annual income of $317,220 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 French. The most common language spoken in Cape Elizabeth is English. Other important languages spoken here include Spanish and Langs. of India.
