Cape Coral Real Estate Market Overview
Public School Ranking:
Location & Weather
Cape Coral is located in the subtropics on the Gulf of Mexico of southwest Florida. This city is in close proximity to Sanibel, Captiva, Lovers Key, and Pine Island, which is part of why it’s a sought out residential area. There are also over 400 miles of canals in Cape Coral, where boating, fishing and water sport opportunities are endless. While this is a traditionally warm city, it is cooler in the summer compared to other areas of Florida due to the consistent breeze from the Gulf.
In Cape Coral, rainy days during the summer are short-lived and winters reach lows in the 80’s.
Population, Job Market & Cost of Living
Cape Coral’s population is 209,676, with a growth rate of 2.46% annually. The job market has increased by 1.9% over the last year. In ten years, job growth is predicted to be 41.0%. This city’s mid-size city complex and palm-tree lined streets have helped create yet another Floridian city ideal for tourism and new residents. Major industries here are real estate, construction, finance, insurance, engineering, accounting, and consulting. Some of the city’s biggest employers are City of Cape Coral, Whitney Information Network Inc., The Breeze Corporation, Affordable Roofing of S W Florida Inc. and Gulf Care Inc.
Cape Coral offers waterfront living, access to some of the most beautiful beaches in Florida and promising future job growth, which is why it’s a more expensive city to live in.