Cape Coral, Florida – Retirement Guide

Cape Coral, Florida   Retirement Guide

With more than 400 miles of navigable waterways and canals, Cape Coral has been appropriately coined a “Waterfront Wonderland” and attracts salty dogs and landlubbers alike. This relatively young town was formed in 1957 as a pre-planned community, and today has grown to more than 150,000 residents. Cape Coral has gained notoriety as a hot retirement destination in the past decade, and the population has increased nearly 50% since 2000. The city’s warm climate and low cost of housing have made it a favorite among retirees.

Cape Coral’s location on the Caloosahatchee River and its many miles of waterways have made it a popular destination for boaters, though all retires enjoy the sandy beaches along the river and nearby Gulf Coast (Cape Coral is not directly on the ocean), as well as the town’s 30 parks, 7 golf courses and proximity to Sanibel Island and Fort Myers Beach.

Bird watchers and hikers can also take advantage of the elevated nature trails twisting through Four Mile Cove Ecological Preserve. Cultural enthusiasts will also find what to enjoy; Cape Coral boasts a vibrant arts scene, including performance spaces, a historical museum, arts league and theater.

Pros: Access to miles of waterways, proximity to Fort Myers
Con: Summer weather can be stiflingly hot

At a Glance
Best For: Boatersters
Population: 157,476
Cost of Living: 7.6% lower than national average
Median Home Cost: $125,000
Unemployment: 7.9%
Top State Income Tax: no state income tax
Crime Rate: 9.9% lower than national average

Photo by Villapelicanbay via Wikimedia Commons. All statistics were up to date as of publication. See these sources for the most current data.