Palmetto Bay vs Cape Coral
| Palmetto Bay | Cape Coral | |
|---|---|---|
| Population | 24,267 | 198,912 |
| Median Household Income | $142,447 | $78,104 |
| Median Home Value | $879,700 | $373,500 |
| Median Gross Rent | $2,101/mo | $1,858/mo |
| Homeownership Rate | 78.2% | 77.2% |
| Unemployment Rate | 2.7% | 3.8% |
| Bachelor's Degree or Higher | 60.1% | 26.9% |
| Median Age | 41.0 | 48.6 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.