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Coral Terrace, FL&

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Population
23,994
-5.23% decline
Median Age
45
Median Household Income
$48,754
-0.38% decline
Poverty Rate
15.7%
Number of Employees
11,064
-0.23% decline
Median Property Value
$252,600
6.72% growth

About the photo: Hillsboro Inlet Lighthouse, Hillsboro Beach

Economy

The economy of Coral Terrace, FL employs 11,064 people. The economy of Coral Terrace, FL is specialized in Utilities; Wholesale trade; and Transportation & Warehousing, which employ respectively 2.33; 1.82; and 1.62 times more people than what would be expected in a location of this size. The largest industries in Coral Terrace, FL are Healthcare & Social Assistance (1,677), Retail trade (1,223), and Construction (995), and the highest paying industries are Utilities ($60,000), Finance & Insurance ($45,150), and Educational Services ($41,571).

Median household income in Coral Terrace, FL is $48,754. Males in Coral Terrace, FL have an average income that is 1.12 times lower than the average income of females, which is $40,489. The income inequality of Coral Terrace, FL (measured using the Gini index) is 0.455 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 Terrace, 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.

Coverage

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Showing data across all counties in Florida.

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Diversity

Coral Terrace, FL is home to a population of 23,994 people, from which 76.1% are citizens. The ethnic composition of the population of Coral Terrace, FL is composed of 20,956 Hispanic residents (87.3%), 2,429 White residents (10.1%), 306 Black residents (1.28%), 251 Asian residents (1.05%), and 51 Two+ residents (0.21%). The most common foreign languages in Coral Terrace, FL are Spanish (19,194 speakers), Tagalog (155 speakers), and Portuguese (91 speakers), but compared to other places, Coral Terrace, FL has a relative high number of Spanish (19,194 speakers), Portuguese (91 speakers), and Italian (54 speakers).

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Education

In 2015 universities in Coral Terrace, FL awarded 387 degrees. The student population of Coral Terrace, FL is skewed towards females, with 40 male students and 347 female students. Most students in Coral Terrace, FL are Hispanic or Latino (370 and 95.6%), followed by Asian (6 and 1.55%), Black or African American (6 and 1.55%), and White (4 and 1.03%). The largest universities in Coral Terrace, FL by number of graduates are International Training Careers (207 and 53.5%), Beauty Schools of America-Miami (180 and 46.5%), and N/A (N/A and N/A). The most popular majors in Coral Terrace, FL are Nursing Assistant & Patient Care Assistant (207 and 53.5%), Nail Specialist & Manicurist (74 and 19.1%), and Massage Therapy (9 and 2.33%). The median tuition costs in Coral Terrace, FL are N/A for private four year colleges, and N/A and N/A 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 Terrace, FL is $252,600, which is 1.3 times larger than the national average of $194,500. Between 2014 and 2015 the median property value increased from $236,700 to $252,600, a 6.72% increase. The homeownership rate of Coral Terrace, FL is 68.7%, which is higher than the national average of 63.9%. People in Coral Terrace, FL have an average commute time of 25.9 minutes, and they commute by Drove Alone. Car ownership in Coral Terrace, FL is approximately the same as the national average, with an average of 2 cars per household.

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United States
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Florida
state
Miami-Dade County, FL
county
Miami-Fort Lauderdale-West Palm Beach, FL Metro Area
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