NAICS 23

Construction in Cape Coral-Fort Myers, FL

Metro Market Score 46.4 (Moderate), ranked #162 of 342 metros. 5,000 establishments, 41,448 jobs.

Metro Market Assessment

Metro Market Score 46.4
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

ⓘ Lower is better. Relative to national construction average.

🏭Industry Hub

Cape Coral-Fort Myers is a specialized hub for construction, with a location quotient of 2.64 and industry concentration in the upper half. Higher-than-average firm density means more competition for talent and customers, but also a deeper local supply chain and client pool.

Industry Concentration
100.0
LQ: 2.64
Rank #342 of 342 metros
Wage Competitiveness
21.1
$65,083 avg wage
Growth Trend
↑ 67.5
Employment growth index
Rank #112 of 342 metros
Wage Pressure
32.0
YoY wage change index

5,000 Construction Firms in Cape Coral-Fort Myers

5,000
Establishments
+7.8% YoY
41,448
Total Employment
+4.0% YoY
$65,083
Average Annual Wage
+3.7% YoY
2.64
Location Quotient
Above national avg

Cape Coral-Fort Myers vs Florida Statewide

How this metro's construction market compares to Florida overall. The state ranks #42/51 for entry risk.

Measure Cape Coral-Fort Myers FL Statewide
Overall Score 46.4 Moderate 54.5 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #162 of 342 metros #42 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Cape Coral-Fort Myers

Healthcare and Social Assistance 31.8 Information 42.9 Finance and Insurance 45.6 Other Services 52.1 Professional, Scientific, and Technical Services 57.1 Accommodation and Food Services 60.2 Retail Trade 64.1 Administrative and Support Services 67.1 Real Estate and Rental and Leasing 68.8

Construction in Other Florida Metros

Gainesville 18.0 #7/342 Tallahassee 27.6 #27/342 Ocala 36.4 #72/342 Panama City-Panama City Beach 38.1 #88/342 Deltona-Daytona Beach-Ormond Beach 42.3 #122/342 Port St. Lucie 42.5 #123/342 Lakeland-Winter Haven 43.2 #131/342 Sebastian-Vero Beach-West Vero Corridor 43.9 #137/342 Crestview-Fort Walton Beach-Destin 44.9 #145/342 Pensacola-Ferry Pass-Brent 45.4 #150/342

+ 11 more metros. View all in Florida →

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Cape Coral-Fort Myers's construction sector, the industry concentration component (100.0) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.