Retire To Cape Coral, Florida?
Overview: Pretty Cape Coral is west of Fort Myers on the southwestern Florida coast and sprang up in the 1950s as a master-planned community. It has been growing steadily ever since. In fact, thanks to its sprawling 114-square-mile borders, Cape Coral is the biggest city between Tampa and Miami.
The city's 400 miles of canals comprise one of the largest canal systems in the world and create a soothing ambiance. Bays and sounds are all around, and opportunities for boating and fishing abound. Residents enjoy two beaches, a handful of golf courses, numerous tennis courts, a water park and fishing piers. A community theater, a local art league and a fun farmers' market add to the quality of life. Shopping centers and some good restaurants are sprinkled around town. The city hosts several festivals, including the Independence Day bash and Oktoberfest. The daddy of them all, though, is the huge Festival of the Arts, which draws 300 artists and 100,000 visitors each January. The Parks and Recreation Department has a good menu of programs.
Thanks to Cape Coral being mapped out from the beginning, bike paths, pedestrian walkways and parks are well designed and plentiful. Homes range from stunning waterfront mansions to high rise condominiums. Many residences have a boat slip.
Population: 177,000 (city proper)
Percentage of Population Age 45 or Better: 45%
Cost of Living: 2% above the national average
Median Home Price: $202,000
Climate: Cape Coral has a hot, humid climate. Summer temperatures are in the 80s and 90s with high humidity levels and frequent rainstorms. Winter temperatures are in the 60s and 70s.
At Least One Hospital Accepts Medicare Patients? Yes
At Least One Hospital Accredited by Joint Commission? Yes
Crime Rate: Well below the national average
Public Transit: Yes, provided by LeeTran
Public Library: Yes
Political Leanings: Conservative
Is Florida Considered Tax Friendly for Retirement? Yes