Salary & Cost of Living in Estero, FL
Estero, FL: $43,487 median salary, cost of living index 96.5, $13.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$43,487
$21/hr
Cost of Living
96.5
US avg = 100
Minimum Wage
$13.00
per hour
Unemployment
2.8%
rate
Estero, FL Overview
Population
33,687
Median Salary
$43,487
Average Salary
$48,705
Avg Commute
20 min
Median Home Price
$381,000
Median Rent
$1,541/mo
Job Growth
+1.8%
Sales Tax
6%
Estero is located in Florida with a population of 33,687. The median household salary is $43,487 per year ($21/hour), which is $15,897 below the national median of $59,384. The average commute time is 20 minutes, and the city has a job growth rate of +1.8%.
Estero Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Estero, FL, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$36,980
$3,081.69/month · $1,422.32/biweekly · Effective Rate: 15.0%
Gross Pay
$43,487
Federal Tax
-$3,180
State Tax
$0
Local Tax
$0
FICA
-$3,327
Net Pay
$36,980
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $3,623.92 | $43,487.00 |
| Federal Income Tax | -$264.99 | -$3,179.94 |
| Florida State Tax (0%) | $0.00 | $0.00 |
| Social Security (6.2%) | -$224.68 | -$2,696.19 |
| Medicare (1.45%) | -$52.55 | -$630.56 |
| Net Take-Home Pay | $3,081.69 | $36,980.30 |
Salary Comparison: Estero vs Other Cities
See how Estero's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Estero, FL | $43,487 | 96.5 | $45,064 |
| National Average | $59,384 | 100 | $59,384 |
| Anderson, SC | $43,479 | 89.3 | $48,689 |
| Cuyahoga Falls, OH | $43,510 | 85.7 | $50,770 |
| South Valley, NM | $43,413 | 95.4 | $45,506 |
| Enterprise, AL | $43,564 | 80.8 | $53,916 |
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 Estero
Estero's cost of living index is 96.5 (national average = 100). Living in Estero is 3.5% less expensive than the national average.
Median Home Price
$381,000
Median Monthly Rent
$1,541
Annual Rent Cost
$18,492
Your Salary's Purchasing Power
Your $36,980 annual take-home pay in Estero has the purchasing power of approximately $38,322 in an average-cost US area. Your $43,487 salary stretches further here than in most US cities.
Top Industries in Estero
Estero's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $43,487.
Salary Tips for Estero 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. Estero's top industries include Tourism, Agriculture, Aerospace. Targeting roles in these sectors can help you earn above the $43,487 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.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Estero, FL?
The median salary in Estero, FL is $43,487 per year, or $21 per hour. The average salary is $48,705. This is $15,897 below the national median of $59,384.
What is the cost of living in Estero, FL?
Estero's cost of living index is 96.5 (national average = 100), meaning it is 3.5% less expensive compared to the national average. The median home price is $381,000 and the median monthly rent is $1,541.
What are the best industries in Estero?
The top industries in Estero, FL include Tourism, Agriculture, Aerospace. The city has a job growth rate of 1.8% and an unemployment rate of 2.8%. Workers in these industries often earn above the city's median salary of $43,487.
How does Estero's salary compare to other cities?
Estero's median salary of $43,487 is 26.8% below the national median of $59,384. However, when adjusted for cost of living (index: 96.5), the real purchasing power is approximately $45,064.
What is the minimum wage in Estero, FL?
The minimum wage in Estero, FL is $13.00 per hour. This equals approximately $27,040 per year for a full-time worker (40 hours/week). This is $5.75 above the federal minimum wage of $7.25/hour.