Region tops growth charts

Cape Coral/Ft. Myers is ninth fastest grow metro area in nation

The Fort Myers-Cape Coral area posted the ninth-largest population increase, growing 11.6 percent to 492,000 from 2000 through 2003. Coming in fourth was the Naples-Marco Island area, which expanded 14 percent to 287,000 in the same period.

It is important to note that these figures are through 2003, and do not reflect the explosive number of new housing starts that have broken new records each month for most of 2004 and 2005. With Cape Coral less than 40% built-put and Lehigh Acres under 20%, there is plenty of vacant land available for many years. The key question is who will be able to afford the area if property values continue to appreciate so drastically.

Census puts area growth in top 10 [News-Press]

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