Fort Myers-Cape Coral is among the best places to live

June 7, 2019 12:57 pm

Fort Myers-Cape Coral is among the best places to live.

The metro was placed 12th out of 125 of the most populous metro areas. US News listed the most desirable places to live.

It was also number two in the country for the best place to retire.

Good value, a desirable place to live, a strong job market and a high quality of life all proved Fort Myers-Cape Coral is among the best places to live.

Why Fort Myers-Cape Coral is among the best places to live

Fort Myers-Cape Coral scored 6.8 overall. It received a perfect 10 for net migration and 8.6 for desirability. It also got 6.5 for quality of live, 6.2 for job market and 5.2 for value.

The area has a population of 700,165 and an annual average salary of $41,380, says the report.

The median home price is $218,200 and the monthly median rent $1,035. The national average is $227,050.

The unemployment rate is 3.4% and the average commute time is 27.2 minutes.

The report says, “Fort Myers residents benefit from a lack of state income taxes. However, home prices have been rising steadily and are expected to continue climbing. Fort Myers residents also pay more than the average American for transportation, though other everyday expenses – such as groceries – tend to be more affordable here.”

For many years the Southwest Gulf Coast’s population had little growth. It remained somewhat isolated from the rest of the Sunshine State, it says. “That seclusion ended in the early 1900s when inventor Thomas Edison and industrialist Henry Ford built winter homes in Fort Myers. At the start of the 20th century, the City of Palms started to boom. And that growth has continued to this day.

“Fort Myers is a midsize metro area. It has retained its small-town heritage though, with a charming downtown lined with shops and restaurants, many of which are dog-friendly. Museums, parades, festivals, theaters, parks, historical sites and art galleries pepper the metro area and its social calendar.

“Just a few miles away, Fort Myers Beach, Cape Coral and Sanibel Island are popular among boaters, kayakers, sailors and anglers.”

Fort Myers has a younger population than you may expect in a town known as a retirement hot spot, says US News. “Though more than a quarter of the population is over age 65, Fort Myers is also home to a sizable millennial population, not to mention a significant number of young families. Married couples slightly edge out singles by a few percentage points.”

Source: https://realestate.usnews.com/real-estate/slideshows/the-25-most-desirable-places-to-live-in-the-us