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Lee County, FL

RANK #990 / 996  ·  POP 772,902  ·  FL

PROJECTED GROWTH: -5.4%

Lee County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Lee County?

Sanibel Island, known for its exceptional shelling and nature-focused environment, is a distinctive part of Lee County, Florida. Located on Florida's southwest coast, Lee County is bordered by the Gulf of Mexico and is approximately two hours from Miami and two and a half hours from Tampa. The community offers a blend of urban and coastal living, with Fort Myers serving as the county seat with a historic downtown and arts scene. The region is recognized for its natural amenities, including white-sand beaches, numerous parks, preserves, and access to the Caloosahatchee River for boating and kayaking. Lee County Parks & Recreation manages over 30,000 acres of parks and facilities, providing opportunities for outdoor recreation.

Life in Lee County attracts a mix of retirees, families, and young professionals. The area's quality of life is a draw for both residents and businesses. Commute options include major roadways like I-75 and US Highway 41, and public transportation is available through LeeTran bus and trolley services. The Lee County School District provides public education, with several highly-rated schools. The economy is experiencing growth, with significant investment in commercial and residential development, healthcare, and infrastructure.

[02] Market Snapshot

Housing Ratio
5.4x

Above national median (4.7x)

GDP Growth
+3.4%

Above national median

Home Prices
-9.4%

Prices declining

Climate & Terrain
5.2

Favorable climate & terrain

Price/Rent
13x

Below national median (13x)

Housing is fairly valued at 5.4x relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Lee County U.S. National

The Numbers

DEMOGRAPHICS
Population
772,902
+2.75% YoY
Median Household Income
$69,368
Median Home Value
$290,900
-9.44% 12mo
Median Rent
$1,466
Average Annual Pay
$61,578
+2.9% YoY
Employment
299,283
+1.9% YoY
Income-to-Home-Value
0.2385
Near national average
Migration Inflow
2.07%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$370,000
Days on Market
79
Slower market
Months of Supply
6.9
Buyer's market
Sale-to-List Ratio
95.5%
Negotiation room for buyers
Sold Above List
6.8%
Listings w/ Price Drops
34.4%
Building Permits (2024)
15,411
Single-Family Permits
10,554

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$2,632M
TOTAL
PROJECT AMOUNT STATUS
Lee Health Capital Improvements
Lee Health
$1,500M Planned
The Kingston Project (Mixed-Use Development)
Cameratta Companies
$500M Planned
Affordable Housing Communities (24 projects)
Lee County
$300M Planned
Wever Solar Project
Alliant Energy
$250M Under Construction
Bonita Estero Rail Trail (BERT)
Trust for Public Land
$82M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.4% 64 percentile
Population Growth +2.8% 94 percentile
Income Growth +9.7% 76 percentile
Vacancy Rate 1.5% 22 percentile
Price/Rent 13x 52 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Lee County, FL a good place to move to?

Lee County has a Boom Town Index score of 1/100, ranking #990 among 996 U.S. counties. With job growth at +1.9% and a median household income of $69,368, it faces some economic headwinds compared to faster-growing counties.

Is Lee County affordable?

The median home value in Lee County is $290,900 with median rent at $1,466/month. The income-to-home-value ratio is 0.2385, which is less affordable than the national average.

Is Lee County growing or shrinking?

Population growth: +2.8% year-over-year. Job growth: +1.9%. Home values changed -9.4% in the past 12 months.

Are people moving to Lee County?

Yes — 2.07% of Lee County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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