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Cape Coral, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
215,536
Population
$78,104
Median Income
$373,500
Home Value
48.6
Median Age

Demographics

Cape Coral has a population of 215,536 with a median age of 48.6. Here is the racial and ethnic breakdown of the population:

White
69.4%
Hispanic
26.4%
Black
4.2%
Asian
1.4%
Demographic Value
Total Population215,536
Median Age48.6
White69.4%
Black or African American4.2%
Asian1.4%
Hispanic or Latino26.4%
Cape Coral, Florida — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 101.White: 68.4%Hispanic/Latino: 26.0%Black: 4.1%Other: 1.4%215,536PopulationWhiteWhite68.4%Hispanic/LatinoHispanic/Latino26.0%BlackBlack4.1%OtherOther1.4%

Income & Economy

The median household income in Cape Coral is $78,104, which is 3.1% below the national median of $80,610. The per capita income is $40,880. The poverty rate is 10.7%.

$78,104
Median Household Income
$40,880
Per Capita Income
10.7%
Poverty Rate

Employment

The unemployment rate in Cape Coral is 3.4%, compared to the national rate of 4.1%.

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Education

In Cape Coral, 92.8% of residents age 25+ have a high school diploma or higher, and 26.9% hold a bachelor's degree or higher (9.4% with a graduate or professional degree).

HS Diploma+
92.8%
Bachelor's+
26.9%
Graduate+
9.4%
Education Level % of Adults (25+)
High School Diploma or Higher92.8%
Bachelor's Degree or Higher26.9%
Graduate or Professional Degree9.4%

Housing

The median home value in Cape Coral is $373,500, above the national median of $303,400. The median monthly rent is $1,858. The homeownership rate is 77.2%.

$373,500
Median Home Value
$1,858/mo
Median Rent
77.2%
Homeownership Rate
Housing Metric Value
Median Home Value$373,500
Median Monthly Rent$1,858
Homeownership Rate77.2%
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 215,536 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Cape Coral, Florida?
The median household income in Cape Coral, Florida is $78,104. This is 3.1% below the national median of $80,610.
What is the median home value in Cape Coral, Florida?
The median home value in Cape Coral, Florida is $373,500. The median monthly rent is $1,858.
What percentage of people in Cape Coral have a college degree?
In Cape Coral, Florida, 26.9% 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 4.8x (median home value $373,500 vs. median income $78,104), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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