ISS Flash Report: Self-Storage in Cape Coral-Fort Myers, Fla.
Copyright 2014 by Virgo Publishing.
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Posted on: 02/23/2009



 

The Cape Coral-Fort Myers, Fla., metropolitan statistical area (MSA) is comprised of Lee County, which includes the cities of Cape Coral, Fort Myers and Bonita Springs. Cape Coral-Fort Myers is one of the leading Florida MSAs with respect to personal income and population growth.

The locale has earned many accolades including being named best in the nation for job growth, according to the Milken Institute’s survey of “Best Performing Cities: Where America’s Jobs Are Created.” This new job creation is supported by a young, growing workforce. Moreover, the area’s labor pool has the second highest growth rate in Florida, growing by more than 25 percent over the last five years. 

Of residents age 25 or older, more than 85 percent possess at least a high school diploma, while nearly 24 percent hold a bachelor’s degree or higher.  The Florida Gulf Coast Technology and Research Park, along with a highly advanced telecommunications infrastructure, make Cape Coral-Fort Myers attractive to businesses. The MSA has drawn 55 foreign-affiliated companies to relocate there, adding approximately 1,200 jobs to the employment pool.