Cape Coral, Florida

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
198,912
Population
$72,474
Median Income
$302,400
Home Value
48.2
Median Age

Demographics

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:

White
77.1%
Hispanic
24.0%
Black
4.3%
Asian
1.8%
Demographic Value
Total Population198,912
Median Age48.2
White77.1%
Black or African American4.3%
Asian1.8%
Hispanic or Latino24.0%

Income & Economy

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%.

$72,474
Median Household Income
$37,621
Per Capita Income
9.8%
Poverty Rate

Employment

The unemployment rate in Cape Coral is 4.4%, compared to the national rate of 5.4%.

Education

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).

HS Diploma+
92.8%
Bachelor's+
24.6%
Graduate+
8.4%
Education Level % of Adults (25+)
High School Diploma or Higher92.8%
Bachelor's Degree or Higher24.6%
Graduate or Professional Degree8.4%

Housing

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%.

$302,400
Median Home Value
$1,630/mo
Median Rent
77.4%
Homeownership Rate
Housing Metric Value
Median Home Value$302,400
Median Monthly Rent$1,630
Homeownership Rate77.4%
Vacancy Rate17.6%

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Frequently Asked Questions

What is the population of Cape Coral, Florida?
The population of Cape Coral, Florida is 198,912 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Cape Coral, Florida?
The median household income in Cape Coral, Florida is $72,474. This is 3.6% below the national median of $75,149.
What is the median home value in Cape Coral, Florida?
The median home value in Cape Coral, Florida is $302,400. The median monthly rent is $1,630.
What percentage of people in Cape Coral have a college degree?
In Cape Coral, Florida, 24.6% of adults age 25 and older hold a bachelor's degree or higher, and 92.8% have a high school diploma or higher.
Is Cape Coral, Florida an affordable place to live?
The home price-to-income ratio in Cape Coral, Florida is 4.2x (median home value $302,400 vs. median income $72,474), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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