NAICS 52

Finance and Insurance in Cape Coral-Fort Myers, FL

Metro Market Score 45.6 (Moderate), ranked #150 of 331 metros. 1,391 establishments, 6,911 jobs.

Metro Market Assessment

Metro Market Score 45.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

ⓘ Lower is better. Relative to national finance and insurance average.

💰High-Cost Market📈Rapid Growth

Cape Coral-Fort Myers ranks in the upper half for finance and insurance market conditions, driven by above-average employment growth. With a market score of 45.6, conditions are relatively favorable compared to most metros.

Industry Concentration
43.2
LQ: 0.57
Rank #143 of 331 metros
Wage Competitiveness
78.0
$106,031 avg wage
Growth Trend
↑ 77.3
Employment growth index
Rank #76 of 331 metros
Wage Pressure
42.4
YoY wage change index

1,391 Finance and Insurance Firms in Cape Coral-Fort Myers

1,391
Establishments
+0.9% YoY
6,911
Total Employment
+1.8% YoY
$106,031
Average Annual Wage
+4.8% YoY
0.57
Location Quotient
Below national avg

Cape Coral-Fort Myers vs Florida Statewide

How this metro's finance and insurance market compares to Florida overall. The state ranks #46/51 for entry risk.

Measure Cape Coral-Fort Myers FL Statewide
Overall Score 45.6 Moderate 61.9 High
Score Type Metro Market Score Entry Risk Score
Rank #150 of 331 metros #46 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 Construction 46.4 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

Finance and Insurance in Other Florida Metros

Ocala 27.9 #32/331 Punta Gorda 34.3 #72/331 Gainesville 38.7 #94/331 Homosassa Springs 39.0 #96/331 Deltona-Daytona Beach-Ormond Beach 39.8 #103/331 Palm Bay-Melbourne-Titusville 41.4 #112/331 Sebring 41.8 #117/331 Tallahassee 49.3 #166/331 Port St. Lucie 50.7 #180/331 Sebastian-Vero Beach-West Vero Corridor 51.1 #182/331

+ 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 finance and insurance sector, the wage competitiveness component (78.0) 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.