Cape Coral has a population of 198,912 with a median age of 48.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 198,912 |
| Median Age | 48.2 |
| White | 77.1% |
| Black or African American | 4.3% |
| Asian | 1.8% |
| Hispanic or Latino | 24.0% |
The median household income in Cape Coral is $72,474, which is 3.6% below the national median of $75,149. The per capita income is $37,621. The poverty rate is 9.8%.
The unemployment rate in Cape Coral is 4.4%, compared to the national rate of 5.4%.
In Cape Coral, 92.8% of residents age 25+ have a high school diploma or higher, and 24.6% hold a bachelor's degree or higher (8.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.8% |
| Bachelor's Degree or Higher | 24.6% |
| Graduate or Professional Degree | 8.4% |
The median home value in Cape Coral is $302,400, above the national median of $281,900. The median monthly rent is $1,630. The homeownership rate is 77.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $302,400 |
| Median Monthly Rent | $1,630 |
| Homeownership Rate | 77.4% |
| Vacancy Rate | 17.6% |
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