Cape Coral is primarily residential. The city includes a large retirement community and working class families. The economy is powered by construction and real estate. Tourism is also a factor for the economy. Several business clusters are developing in Cape Coral such as finance and insurance, health related services and professional business services including: engineering, architecture, accounting, management consulting and the law. Light industry is also part of the economy. The region includes a couple of industrial parks and a boat building industry. In addition, close to sixty percent of the workforce is employed in management, professional, sales and administrative support positions.
Significant sectors for employment in Cape Coral are:
- Professional, scientific and technical services
- Social assistance
- Accommodation and food services
- Finance and insurance
Some of the occupations more common in Cape Coral when compared to the rest of the nation's cities include, mechanical door repairers; helpers of painters, paperhangers, plasterers and stucco masons; motorboat mechanics; helpers in the construction trades; plasterers and stucco masons; construction and related workers; and helpers of pipe layers, plumbers, pipe fitters and steam fitters.
Noteworthy information regarding Cape Coral: About 18% of the residents over the age of 25 hold a bachelor's degree or higher. The cost of living index in 2008 was 90.9. The nation's average is 100. In 2009 the average earnings in Cape Coral was $34,000.
Some of the employers in Cape Coral include:
- City of Cape Coral
- Whitney Information Network Inc
- The Breeze Corporation
- Affordable Roofing of S W Florida Inc
- Gulf Care Inc
- Turbine Generator Maintenance Inc
- Fred Frederic
- Coral Health Care Associates LLC
- Riverside Bank of the Gulf Coast
- Guerrieri Management Inc
- First Home Builders of Florida LLC
- Kirkwood Electric Inc
- The Del Prado Inn
- Iguana Mia Inc
- Edutrades Inc
- Viking Construction Corporation SW Florida
Cape Coral companies may obtain assistance from business organizations such as:
The News-Press offers up-to-date information regarding the business activities in the Cape Coral area.