5 Fastest Growing Cities in Florida

3. Cape Coral 

Percentage Change in Population (2020-2022): 9.94%

Third on the list, Cape Coral is one of the fastest-growing cities in the US, and in the state of Florida too, with a 9.94% growth in population from 2020 to 2022. Such an impressive growth rate naturally drives attention to the city’s health, economy, and housing sectors. Unfortunately, health-wise, 9.1% of individuals under 65 face disabilities, and 16.4% lack health insurance.

Still, according to the Census Bureau US, the city’s healthcare and social assistance revenue totaled $677,703 in 2017. Economically, even though about half of the population — 57.9% of individuals aged 16 and above — contribute to the labor force, per capita retail sales were over $9,000 only. If we look at the housing sectors, the city boasts a high owner-occupied housing rate of 77.4%, with a median value of $302,400. The median gross rent is more than $1,000, catering to the diverse housing needs of its over 76,800 households.