Cape Coral Hourly Wage & Salary 2026
Cape Coral, FL: $22.49/hr median hourly wage, $46,780 median annual salary, cost of living index 98, and $14.00/hr minimum wage. Calculate take-home pay with federal and Florida taxes.
Cape Coral Hourly Wage Quick Answer
The median hourly wage in Cape Coral, FL is $22.49/hr,and the median annual wage is $46,780. Entry-level pay estimates around $13.94/hr, senior-level pay estimates around $31.94/hr, and the local minimum wage is $14.00/hr.
Median figures: BLS OEWS May 2025, all occupations, Cape Coral-Fort Myers, FL metropolitan statistical area (304,790 jobs). BLS publishes wages by metro area, not by city, so Cape Coral shares this figure with the rest of its metro. Entry and senior levels are Salario estimates.
Median Salary
$46,780
$22.49/hr
Cost of Living
98
US avg = 100
Minimum Wage
$14.00
per hour
Unemployment
3.5%
rate
Cape Coral, FL Overview
Population
194,016
Median Salary
$46,780
Average Salary
$60,050
Avg Commute
26 min
Median Home Price
$340,000
Median Rent
$1,500/mo
Job Growth
+2.8%
Sales Tax
6%
Cape Coral is located in Florida with a population of 194,016. The median annual wage across all occupations is $46,780 ($22.49/hour, BLS OEWS May 2025, Cape Coral-Fort Myers, FL metro), which is $4,200 below the national median of $50,980. The national median is the BLS OEWS May 2025 all-occupations median annual wage. The average commute time is 26 minutes, and the city has a job growth rate of +2.8%.
Cape Coral Salary by Experience Level (2026)
Wage distribution in Cape Coral, FL built around the $46,780 median salary (BLS OEWS May 2025, all occupations, Cape Coral-Fort Myers, FL metro). Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile. The non-median rows are Salario estimates.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $29,004 | $13.94/hr | 0–2 years |
| Mid-Level (Median) | $46,780 | $22.49/hr | 3–7 years |
| Senior-Level | $66,428 | $31.94/hr | 8–15 years |
| Top 10% (90th Percentile) | $83,268 | $40.03/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) are Salario approximations of the typical all-occupations wage spread in BLS OEWS metro tables; only the median row is a published BLS value. Specific roles vary; see jobs by city for role-specific data.
Cape Coral Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Cape Coral, FL, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$39,768
$3,313.98/month · $1,529.53/biweekly · Effective Rate: 15.0%
Biweekly paycheck estimate: this salary equals about $1,529.53 take-home per paycheck after estimated Florida and federal taxes. For the 26-paycheck formula, three-paycheck months, and withholding examples, see the Biweekly Paycheck Calculator.
Gross Pay
$46,780
Federal Tax
-$3,434
State Tax
$0
Local Tax
$0
FICA
-$3,579
Net Pay
$39,768
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $3,898.33 | $46,780.00 |
| Federal Income Tax | -$286.13 | -$3,433.60 |
| Florida State Tax (0.00% eff.) | $0.00 | $0.00 |
| Social Security (6.2%) | -$241.70 | -$2,900.36 |
| Medicare (1.45%) | -$56.53 | -$678.31 |
| Net Take-Home Pay | $3,313.98 | $39,767.73 |
Salary Comparison: Cape Coral vs Other Cities
See how Cape Coral's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Cape Coral, FL | $46,780 | 98 | $47,735 |
| National Average | $50,980 | 100 | $50,980 |
| Lehigh Acres, FL | $46,780 | 112 | $41,768 |
| Fort Myers, FL | $46,780 | 106.7 | $43,843 |
| Bonita Springs, FL | $46,780 | 96 | $48,729 |
| North Fort Myers, FL | $46,780 | 100.7 | $46,455 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Cape Coral
Cape Coral's cost of living index is 98 (national average = 100). Living in Cape Coral is 2% less expensive than the national average.
Median Home Price
$340,000
Median Monthly Rent
$1,500
Annual Rent Cost
$18,000
Your Salary's Purchasing Power
Your $39,768 annual take-home pay in Cape Coral has the purchasing power of approximately $40,579 in an average-cost US area. Your $46,780 salary stretches further here than in most US cities.
Top Industries in Cape Coral
Cape Coral's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $46,780.
Salary Tips for Cape Coral Workers
- No state income tax advantage. Florida has no state income tax, which means more of your paycheck stays in your pocket. Invest the savings in a Roth IRA or 401(k) for long-term growth.
- Research top industries. Cape Coral's top industries include Construction, Healthcare, Retail. Targeting roles in these sectors can help you earn above the $46,780 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate Cape Coral salary data: The median annual wage, median hourly wage and mean wage are the official BLS OEWS May 2025 all-occupations values for the Cape Coral-Fort Myers, FL metropolitan statistical area, retrieved from the BLS Public Data API on September 17, 2026. BLS does not publish city-level wages, so every city inside that metro shows the same figure. The entry/senior/top-10% rows, the paycheck estimate and the purchasing-power conversion are Salario calculations built on that median. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Cape Coral indexed at 98.
- Median salary: $46,780 annual, $22.49 hourly, BLS OEWS May 2025, all occupations, Cape Coral-Fort Myers, FL MSA (304,790 jobs surveyed). Mean wage $60,050 (BLS). Salario's previous modeled median for Cape Coral was $55,000.
- Tax burden reflects Florida 2026 state income tax brackets and standard deduction (top rate 0%) (no local income tax), sales tax (6%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Cape Coral: 3.5%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Construction, Healthcare, Retail, based on QCEW employment concentration data.
- Job growth: 2.8% projected through 2034, derived from BLS Employment Projections program for Florida.
- Housing context: median home price $340,000, median rent $1,500/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Cape Coral, FL:
- BLS Occupational Employment and Wage Statistics (OEWS), metropolitan area salary data
- BLS Local Area Unemployment Statistics, Cape Coral unemployment rate
- U.S. Census Bureau, Cape Coral QuickFacts, population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW), county-level industry employment
- BLS Economy at a Glance, Florida, state economic indicators
- U.S. Bureau of Economic Analysis (BEA), local GDP and personal income data
- BLS Consumer Price Index (CPI-U), regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Cape Coral's rapidly changing economy can shift these baselines, always verify with current job listings, employer offers, and recent Florida labor market reports for the most current figures.
Reviewed by Harlan Voss · Last updated September 17, 2026 · Wage figures: BLS OEWS May 2025 release (published May 2026) · Census data current as of latest releases
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Frequently Asked Questions
What is the hourly wage in Cape Coral, FL?
The median hourly wage in Cape Coral, FL is $22.49 per hour, the BLS OEWS May 2025 median for all occupations in the Cape Coral-Fort Myers, FL metropolitan area, and the BLS median annual wage is $46,780. Entry-level workers are estimated around $13.94/hr, while senior-level workers are estimated around $31.94/hr before overtime, bonuses, or benefits (Salario estimates, not BLS percentiles).
What is the median salary in Cape Coral, FL?
The median salary in Cape Coral, FL is $46,780 per year, or $22.49 per hour (BLS OEWS May 2025, all occupations, Cape Coral-Fort Myers, FL metro area). The BLS mean salary is $60,050. This is $4,200 below the BLS national median of $50,980.
What is the cost of living in Cape Coral, FL?
Cape Coral's cost of living index is 98 (national average = 100), meaning it is 2% less expensive compared to the national average. The median home price is $340,000 and the median monthly rent is $1,500.
What are the best industries in Cape Coral?
The top industries in Cape Coral, FL include Construction, Healthcare, Retail. The city has a job growth rate of 2.8% and an unemployment rate of 3.5%. Workers in these industries often earn above the city's median salary of $46,780.
How does Cape Coral's salary compare to other cities?
Cape Coral's median salary of $46,780 is 8.2% below the national median of $50,980. However, when adjusted for cost of living (index: 98), the real purchasing power is approximately $47,735.
What is the minimum wage in Cape Coral, FL?
The minimum wage in Cape Coral, FL is $14.00 per hour. This equals approximately $29,120 per year for a full-time worker (40 hours/week). This is $6.75 above the federal minimum wage of $7.25/hour.