Cape Coral-Fort Myers, FL Metro Area is an ideal location to live. It has a wide range of advantages including housing affordability, low grocery costs, and access to numerous local companies. Average two bedroom rents in the Cape Coral-Fort Myers area are $1,450 per month compared to $1,430 in the US as a whole. Grocery cost index is also 106 versus 100 in the US on average. The area is home to numerous businesses ranging from small boutiques to large corporations like Chico's FAS Inc., Alico Inc., and Universal Forest Products Inc. With its favorable cost of living, favorable climate, and access to various job opportunities, Cape Coral-Fort Myers is a great place to call home!
Cape Coral-Fort Myers Metro Area has an unemployment rate of 4.6%. The US average is 6.0%.
Cape Coral-Fort Myers Metro Area has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 41.6%, which is higher than the US average of 33.5%.
Tax Rates for Cape Coral-Fort Myers Metro Area
- The Sales Tax Rate for Cape Coral-Fort Myers Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cape Coral-Fort Myers Metro Area is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cape Coral-Fort Myers Metro Area
- The average income of a Cape Coral-Fort Myers Metro Area resident is $27,578 a year. The US average is $28,555 a year.
- The Median household income of a Cape Coral-Fort Myers Metro Area resident is $63,235 a year. The US average is $69,021 a year.