Cape Coral, FL Foreclosed Homes & Properties

Foreclosure Homes for Sale in Cape Coral, FL: What You Need to Know

The population as of Cape Coral, FL, as of 2019 was 194,495. This is a 26% increase since 2010.  22.7% are people 65 years and older, and 22.6% are 18 years or younger. 14,140 veterans are living in this city. The racial makeup of Cape Coral includes 89.5% Caucasians, 5.2% African Americans, 1.8% Asians, and 1.6% other races. Only 20.9% of the population is of Latino descent.  

The median value of houses is $229,400, and the average gross rent is $1,244. With a rate of 74.5% of owner-occupied housing, there are fewer available rentals for the remaining 25.5% of the population. There are about 65,287 houses with 2.81 persons per household. The median income per household is $61,599.

Job Opportunities 

The largest industries in Cape Coral are Health Care & Social Assistance, Retail Trade, and Construction. The highest paying industries in this area are Mining, Quarrying & Oil & Gas Extraction ($201,639), Management of Companies & Enterprises ($68,015), and Utilities ($51,040). The most common jobs are Office & Administrative Support Occupations (11,229 people), Sales & Related Occupations (11,075 people), and Management Occupations (7,855 people). The average salary for men is $58,931 and for women is $44,078, a 1.34% difference.

Schools and Higher Education 

The Lee County Public School District has 95 traditional schools and 23 Charter Schools with 95,023 students enrolled. The student to teacher ratio is 18 to 1.

There are about 24 colleges within 100 miles of Cape Coral. The closest is Southwest Florida College (8.1 miles away). The most highly rated college is Florida Southern College in Lakeland (96 miles away). The closest universities are Florida Gulf Coast University (19 miles away) and The University of Tampa (95 miles away).  

Weather and Climate  

In this subtropical climate, summers are long, hot, wet, and mostly cloudy. The hot season lasts from May through October, with an average temperature of 87°F. The hottest day of the year is August 7th, with a high of 91°F. The cool season is short, lasting from December through February. The average daily temperature is 77°F. Winters are usually short, comfortable, a little windy, and have mostly clear skies. The rainy season begins in May and ends in October. Annual rainfall equates to 53 inches. Humidity levels are at their highest peak from May through October; however, you will experience humidity during the entire year as this is a coastal city. This city is prone to hurricanes, tropical storms, and flooding.