North Merritt Island vs Cape Coral
| North Merritt Island | Cape Coral | |
|---|---|---|
| Population | 9,033 | 198,912 |
| Median Household Income | $104,878 | $78,104 |
| Median Home Value | $525,400 | $373,500 |
| Median Gross Rent | $1,274/mo | $1,858/mo |
| Homeownership Rate | 86.6% | 77.2% |
| Unemployment Rate | 7.0% | 3.8% |
| Bachelor's Degree or Higher | 37.5% | 26.9% |
| Median Age | 52.6 | 48.6 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.