Quick facts: North fort myers, FL

Quick Facts

105.2
Cost of Living
above US average
42,492
Population
5.62
Crime Rate per 1000
below US average
$53,705
Median Income
below US average
$150,000
Median House Price
above US average
$3523.87
Average Rent
above US average
9%
Poverty Rate
below US average
3.2%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $53,705.

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Income Needed to Buy

βœ“ Affordable
$47k/year
Based on $150,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($53,705) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$151k/year
Based on $3523.87/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $151k vs median $53,705
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for North fort myers, FL

North Fort Myers is a vibrant community located in Lee County, Florida, just across the Caloosahatchee River from Fort Myers. Known for its warm, sunny climate, North Fort Myers offers a blend of suburban living and access to outdoor activities. The area features numerous parks, recreational facilities, and waterfront access, making it a great spot for boating, fishing, and enjoying nature. The community has a mix of residential neighborhoods, including both single-family homes and mobile home parks, catering to a diverse population. North Fort Myers also boasts various amenities such as shopping centers, restaurants, and local markets, providing residents with ample options for dining and entertainment. Cultural attractions like the Calusa Nature Center and Planetarium and the nearby historic sites in Fort Myers enrich the local experience. Additionally, the area's proximity to larger cities like Cape Coral and Fort Myers means residents can easily explore more urban activities while enjoying the charm of a smaller community. Overall, North Fort Myers is a welcoming place ideal for families, retirees, and anyone seeking a laid-back Florida lifestyle.

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