Economy in Fort Myers, FL

Fort Myers, FL is a great place to live and work. With a lower cost of living than the US average, it's an attractive place for families looking for affordable housing. Two bedroom apartments here rent for $1,390 compared to the national average of $1,430. Groceries are also cheaper; Fort Myers's grocery cost index is 103 as opposed to 100 for the US. The area has plenty of local businesses, such as Lee University, which offers an extensive array of degree programs; Southwest Florida International Airport, providing quick transportation; and many tropical parks and beaches offering outdoor experiences. Residents here can enjoy natural beauty and modern amenities at an attractive price point.

Fort Myers has an unemployment rate of 5.3%. The US average is 6.0%.

Fort Myers 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 44.0%, which is higher than the US average of 33.5%.

Tax Rates for Fort Myers
- The Sales Tax Rate for Fort Myers is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Myers 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 Fort Myers
- The average income of a Fort Myers resident is $23,096 a year. The US average is $28,555 a year.
- The Median household income of a Fort Myers resident is $51,682 a year. The US average is $69,021 a year.