Median Salary
$102,069
Above National Avg
Hourly Wage
$49.07
Dollars / Hr
Workforce
0.4k
Total Jobs
Growth
+6%
10-Year Outlook
The Salary Picture: Where Cape Coral Stands
Let's get straight to the numbers. As a Project Manager in Cape Coral, you're looking at a median salary of $102,069/year or $49.07/hour. This puts you slightly above the national average for the role ($101,280/year), which is a solid starting point. The metro area, encompassing Lee County, has roughly 448 active project management jobs at any given time, with a 10-year job growth projection of 6%. This growth is steady, not explosive, reflecting Cape Coral's stable, service-and-construction-oriented economy rather than a tech boom.
To understand where you fit, hereโs a realistic breakdown based on local market data and industry standards:
| Experience Level | Typical Salary Range (Cape Coral) | Key Responsibilities & Local Context |
|---|---|---|
| Entry-Level (0-3 yrs) | $75,000 - $88,000 | Managing small-scale residential construction projects, coordinating with subcontractors, handling basic scheduling and budgeting for local builders. |
| Mid-Level (4-8 yrs) | $90,000 - $115,000 | Leading complex commercial or large residential developments, managing teams of 5-10, dealing with permitting and city regulations (e.g., Cape Coral's strict floodplain rules). |
| Senior (9-15 yrs) | $115,000 - $135,000+ | Overseeing multiple projects simultaneously, direct client relations with major local employers, strategic planning for large-scale developments (e.g., new subdivisions in the "Burnt Store" area). |
| Expert/Executive (15+ yrs) | $135,000 - $160,000+ | Portfolio management, executive leadership at a major construction or development firm, regional director roles for national companies with a local footprint. |
How Cape Coral Compares to Other Florida Cities:
- Miami/Ft. Lauderdale: You'd command a 15-20% premium ($117,000-$122,000 median), but the cost of living is 30% higher than the national average.
- Tampa/St. Petersburg: Salaries are nearly identical (within 2-3%), but Tampa's job market is more diverse with tech and finance sectors.
- Orlando: Slightly lower median ($98,000), but with massive growth in hospitality and infrastructure projects.
- Jacksonville: Lower median ($96,000), but a much larger industrial and logistics hub.
- Naples: Higher median ($118,000), but it's a high-end luxury market with fewer overall jobs and a significantly higher cost of living.
Insider Tip: The $102,069 median is pulled up by senior roles in the region's lucrative residential and commercial construction sectors. If you're coming from a corporate IT or tech PM background, expect to be on the lower end of the mid-level range unless you pivot into managing construction technology projects.
๐ Compensation Analysis
๐ Earning Potential
Wage War Room
Real purchasing power breakdown
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The Real Take-Home: After Taxes and Rent
Earning $102,069 in Cape Coral is livable, but it requires careful budgeting. Hereโs a monthly breakdown for a single filer (federal and state taxes estimated, no dependents). Note: This is an estimate; consult a CPA for your specific situation.
Annual Salary: $102,069
Monthly Gross: $8,505
Estimated Taxes (24% effective rate): -$2,041
Monthly Net Take-Home: $6,464
Monthly Budget Breakdown:
- Rent (1BR, Average): -$1,331
- Utilities (Electric, Water, Internet): -$200
- Car Payment & Insurance: -$500 (Cape Coral is car-dependent; public transport is limited)
- Groceries & Household: -$450
- Health Insurance (if not employer-provided): -$350
- Dining/Entertainment: -$300
- Savings/Retirement (10% of gross): -$850
- Miscellaneous/Debt: -$433
Remaining Buffer: $0 (This is a zero-based budget. A single unexpected expense breaks the plan.)
Can You Afford to Buy a Home?
The median home price in Cape Coral is roughly $415,000. With a 20% down payment ($83,000), you'd need a mortgage of $332,000. At current rates (7%), your monthly principal and interest payment would be **$2,200**. Add property taxes, insurance (high due to hurricane risk), and HOA fees (common in planned communities), and you're looking at $2,800-$3,200/month.
Verdict: On a $102,069 salary, buying a home is challenging without a significant down payment (from savings, a spouse's income, or a prior home sale). Renting is the more feasible option for most, especially for newcomers.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: Cape Coral's Major Employers
Cape Coral's economy is driven by construction, healthcare, and tourism. Major employers with project management needs include:
- Lennar Corporation: A national homebuilder with a massive presence in Florida. They are consistently hiring PMs for their sprawling communities in Cape Coral, like Cape Harbour and Sandoval. They value PMs with experience in large-scale residential development and strict timeline adherence.
- Lee Health: The largest not-for-profit health system in Southwest Florida. Major ongoing projects include the expansion of the Gulf Coast Medical Center and the new Bass Cancer Center. They hire PMs with PMP certification and experience in healthcare construction and IT system implementations.
- City of Cape Coral: The municipal government itself is a steady employer for public works projectsโroad expansions, water management, and park development. These roles are competitive and offer excellent benefits but require patience with bureaucratic processes. Check the City's job board under "Public Works" and "Capital Projects."
- The Yacht Club & Marina: The Cape Coral Yacht Club is a central hub. Ongoing marina renovations and event space projects create short-to-medium-term PM contracts. This is a great niche if you have hospitality or infrastructure experience.
- Gulf Coast Medical Center (Lee Health): Specifically worth mentioning for its constant renovation and expansion projects. As a Level II Trauma Center, downtime is minimal, so PMs here need to excel at phased project execution and stakeholder communication with clinical staff.
- Local Engineering & Architecture Firms: Firms like DRMP, Inc. or Michael Baker International have offices in the region managing public infrastructure projects (bridges, roads, drainage). These are excellent for PMs with a civil engineering or public works background.
- Tourism & Hospitality: While not a single employer, the cluster of hotels, restaurants, and attractions (like the Sun Splash Family Waterpark) creates demand for PMs in renovations, event planning, and seasonal operational projects. Companies like The Westin Cape Coral Resort or Tarpon Point Marina are key players.
Hiring Trends: The construction pipeline remains strong, driven by population influx. However, the post-hurricane (Ian) reconstruction wave, while creating jobs, is also straining the subcontractor labor pool, which can lead to project delays and higher stress for PMs.
Getting Licensed in FL
Florida does not have a state-specific license for Project Managers like it does for architects or engineers. The primary credential is the Project Management Professional (PMP) certification from the Project Management Institute (PMI).
Requirements & Costs:
- PMP Certification: Requires 36 months of leading projects with a 4-year degree or 60 months without. The exam fee is $555 for non-members, $405 for PMI members ($129 annual fee). You'll need 35 contact hours of formal training (costs range from $300-$1,500 for prep courses).
- State-Specific Angle: For public works or construction projects, the Florida Department of Business & Professional Regulation (DBPR) oversees contractors. If you're working as a "Construction Project Manager," you may need to be an authorized agent for a licensed contractor. It's not a PM license, but a legal requirement to oversee work.
- Timeline: Once you meet the experience requirements, studying and taking the PMP exam can take 3-6 months. There is no waiting period to apply after you have the required experience.
Insider Tip: For construction PM roles, a LEED Green Associate credential is increasingly valuable in Florida, where sustainability and stormwater management are key regulatory concerns.
Best Neighborhoods for Project Managers
Commute times are generally short in Cape Coral (under 30 minutes anywhere in the city), but your lifestyle and budget will dictate the best area.
| Neighborhood | Vibe & Commute | 1BR Rent Estimate | Why It's Good for PMs |
|---|---|---|---|
| Cape Harbour | Upscale, walkable "downtown" of Cape Coral with marinas, restaurants, and shops. Minimal commute to most offices. | $1,600 - $2,000 | High networking potential with local business owners and developers. Ideal for PMs in hospitality or luxury residential. |
| Sandoval | A large, master-planned community in the north. Quiet, family-oriented, with pools and parks. | $1,400 - $1,700 | Direct proximity to Lennar and other large builders. Great for PMs in the residential construction sector. |
| Burnt Store Isles | More established, mix of older and newer homes. Close to the county line for access to Punta Gorda. | $1,200 - $1,500 | More affordable, good value. A short drive to major construction sites on the city's western edge. |
| Downtown (near City Hall) | Central but less residential. Close to government offices. | $1,300 - $1,600 | Best for municipal PMs or those working for the City of Cape Coral. Walkable to some local cafes. |
| South Cape | More affordable, older, and less walkable. Focus is on convenience and value. | $1,000 - $1,300 | Lowest cost of living. Commute is still easy. Good for PMs just starting out who want to save aggressively. |
The Long Game: Career Growth
- Specialty Premiums: In Cape Coral, the biggest salary differentiator is industry. A PM in healthcare construction (Lee Health) or high-end residential (Lennar) will out-earn a PM in general municipal work. Specializing in sustainable building (LEED) or storm-resilient construction can add a 10-15% premium.
- Advancement Paths: The typical path in Cape Coral is either vertical (Project Coordinator โ PM โ Senior PM โ Director of Operations) or horizontal, moving between the major employers (e.g., from Lennar to a private development firm).
- 10-Year Outlook (6% Growth): This growth is tied to population. The retiree influx will continue to drive healthcare and senior living construction. Climate change and the threat of future hurricanes will spur more resilient infrastructure projects. However, a potential insurance crisis (rising premiums) could slow the housing market. The key will be adaptabilityโPMs who can manage complex, multi-stakeholder projects with tight budgets will remain in high demand.
The Verdict: Is Cape Coral Right for You?
| Pros | Cons |
|---|---|
| Above-Average Salary: $102,069 median is strong for the region. | High Rent & Home Prices: Cost of living is above the US average (102.6). |
| Stable Job Market: 6% growth is secure, if not explosive. | Limited Industry Diversity: Heavily reliant on construction and tourism. |
| No State Income Tax: Keeps more of your paycheck. | Car Dependency: Poor public transport; you will need a reliable vehicle. |
| Outdoor Lifestyle: Year-round golf, boating, and beach access. | Hurricane Risk: Insurance costs are high, and seasonal evacuations are a reality. |
| Manageable Commute: Short drives everywhere. | "Seasonal" Economy: Some sectors can slow in the summer heat/hurricane season. |
Final Recommendation:
Cape Coral is an excellent choice for Project Managers with 5+ years of experience in construction, healthcare, or municipal projects who value a stable, sunny lifestyle over the hustle of a major metro. It's less ideal for tech PMs or those seeking rapid career climbing in a diversified economy. If you can secure a role near the median ($102,069), live in an affordable neighborhood like South Cape, and are prepared for the high cost of home ownership, it offers a high quality of life with a realistic path to financial stability.
FAQs
Q: I'm a Project Manager from a tech background. Can I transition in Cape Coral?
A: Yes, but it's challenging. The market is small. Your best bet is to target roles at Lee Health (for IT/healthcare system projects) or larger companies with a local IT presence. You may need to take a pay cut to gain local experience and pivot.
Q: How important is the PMP certification here?
A: For corporate and healthcare roles, it's very important (often a requirement). For construction PM roles with homebuilders, a track record of successful projects can outweigh the certification, but it's still highly recommended for career advancement.
Q: What's the biggest challenge for new PMs in Cape Coral?
A: Managing subcontractor relationships. The labor pool is tight, and delays are common. Building a reliable network of subcontractors is critical to your success and reputation.
Q: Is the job market seasonal?
A: No, but it can be cyclical. Construction slows during the peak hurricane season (Aug-Oct), and tourism dips in the summer heat. However, project pipelines are planned months in advance, so a full-time, salaried PM role is stable year-round.
Q: Are remote PM jobs viable here?
A: Yes, but they are often for companies based in Tampa, Naples, or Miami. The local employer base is still heavily in-office. Remote roles can be competitive as everyone wants them, but the lower local cost of living (vs. Miami) makes you a viable candidate for South Florida companies.
Sources: U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics, Florida Department of Economic Opportunity, Zillow Rental Data, City of Cape Coral, PMI.
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