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Coral Gables, FL&

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Population
50,533
0.95% growth
Median Age
40.8
Median Household Income
$91,452
2.64% decline
Poverty Rate
7.5%
Number of Employees
24,703
0.44% growth
Median Property Value
$696,000
10.9% growth

Economy

The economy of Coral Gables, FL employs 24,703 people. The economy of Coral Gables, FL is specialized in Professional, Scientific, Tech Services; Real Estate, Rental & Leasing; and Wholesale trade, which employ respectively 2.42; 2.39; and 2.33 times more people than what would be expected in a location of this size. The largest industries in Coral Gables, FL are Professional, Scientific, Tech Services (4,253), Educational Services (3,520), and Healthcare & Social Assistance (2,478), and the highest paying industries are Management of Companies & Enterprises ($201,029), Utilities ($89,375), and Finance & Insurance ($83,836).

Median household income in Coral Gables, FL is $91,452. Males in Coral Gables, FL have an average income that is 1.34 times higher than the average income of females, which is $43,586. The income inequality of Coral Gables, FL (measured using the Gini index) is 0.479 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Coral Gables, FL. In Miami-Dade County, FL the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 81 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $14,097. Duval County, FL has the highest prevalence of homicides of any county in Florida.

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The closest comparable data for the census place of Coral Gables, FL is from the county of Miami-Dade County, FL.

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Diversity

Coral Gables, FL is home to a population of 50,533 people, from which 87.1% are citizens. The ethnic composition of the population of Coral Gables, FL is composed of 28,556 Hispanic residents (56.5%), 18,493 White residents (36.6%), 1,640 Black residents (3.25%), 1,158 Asian residents (2.29%), and 583 Two+ residents (1.15%). The most common foreign languages in Coral Gables, FL are Spanish (25,521 speakers), French (775 speakers), and Portuguese (508 speakers), but compared to other places, Coral Gables, FL has a relative high number of Portuguese (508 speakers), French (775 speakers), and Spanish (25,521 speakers).

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Education

In 2015 universities in Coral Gables, FL awarded 5,413 degrees. The student population of Coral Gables, FL is skewed towards females, with 2,586 male students and 2,827 female students. Most students in Coral Gables, FL are White (2,300 and 42.5%), followed by Hispanic or Latino (1,241 and 22.9%), Unknown (336 and 6.21%), and Black or African American (330 and 6.1%). The largest universities in Coral Gables, FL by number of graduates are University of Miami (5,413 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Coral Gables, FL are General Psychology (201 and 3.71%), Registered Nursing (171 and 3.16%), and General Biological Sciences (164 and 3.03%). The median tuition costs in Coral Gables, FL are N/A for private four year colleges, and $45,600 and $45,600 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Coral Gables, FL is $696,000, which is 3.4 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $627,700 to $696,000, a 10.9% increase. The homeownership rate of Coral Gables, FL is 62.7%, which is lower than the national average of 63.6%. People in Coral Gables, FL have an average commute time of 22.4 minutes, and they commute by Drove Alone. Car ownership in Coral Gables, FL is approximately the same as the national average, with an average of 2 cars per household.

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Florida
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Miami-Fort Lauderdale-West Palm Beach, FL Metro Area
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Miami-Dade County, FL
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