Cape Coral FL
Florida · Pop. 215,536
Cape Coral, FL: median household income of $78,104, median rent of $1,858/mo, 3.8% unemployment. Our verdict: It Depends.
Score Breakdown
Key Metrics
Median Income
$78,104
per year
Median Rent
$1,858
per month
Median Home
$374k
home value
Unemployment
3.8%
of labor force
Poverty Rate
10.8%
below poverty line
Avg. Commute
30 min
one way
City Reality Check honest
"Cape Coral, FL Reality Check"
In Cape Coral, the rent-to-income burden runs around 29% — acceptable by national standards. Median income sits at $78,104 and median rent is $1,858/month. A staggering 62% of renters here are housing-cost-burdened — spending 30% or more of their income just to keep a roof overhead. Median home value: $373,500 — that's 4.8× the median income. 77% of households own their home — unusually high for a major US city. Residents put down roots here. Median age of 49 skews older — established community, quieter streets, but the kind of city that goes to bed early on Saturdays. Employment picture: 3.82% unemployment — a healthy job market. Poverty rate: 10.8%. Average commute: 30 minutes — acceptable. Cape Coral was founded in 1957 — that's 69 years of history baked into the streets. The city covers 119.1 sq miles at 1,809 people/sq mile — spread out. Elevation: 7 ft — essentially flat — floods are a real conversation. RoastMyCity overall score: 61/100 — It Depends.