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Coral Bay, Australia

Full City Profile

4.0 /5.0
A Great
994 Population 1,169/sq mi density
23 ft Elevation 7 meters
75°F Avg Temperature 24°C
A
Overall
4.0 / 5.0
Strong
B
Economy
3.0 / 5.0
$29,440 median income, 3.8% unemployment
A+
Affordability
5.0 / 5.0
$90,200 home value, $451/mo rent

Coral Bay, Australia

At a Glance

Median Income
$29,440
61% below
$29,440 per capita
Home Value
$90,200
68% below
Median Rent
$451/mo
61% below
Unemployment
3.8%
6% above
Avg Temperature
75°F
317 sunny days/yr

Is Coral Bay a Good Place to Live?

A
4.0 / 5.0 — Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Coral Bay residents earn a median household income of $29,440 , which is 61% below the national average of $75,149. Per capita income is $29,440. The unemployment rate stands at 3.8% (6% above the U.S. rate of 3.6%). The area is home to 94 business establishments.

Housing & Cost of Living

The median home value in Coral Bay is $90,200 , 68% below the national median of $281,900. Median rent is $451/month.

Climate & Weather

Coral Bay has an average annual temperature of 75°F (24°C). Winters average 85°F in January while summers reach 63°F in July. The area gets 317 sunny days per year. Annual precipitation totals 10.6 inches.

Data Overview

People

Population994
Median Age33.0 yrs
Density1,169/mi²
Foreign Born28.2%

Economy

B
Median Income$29,440
Per Capita$29,440
Unemployment3.8%
Poverty
Avg Weekly Wage$566

Housing

A+
Home Value$90,200
Rent$451
Ownership38.3%
Housing Units398

Climate

Avg Temp75°F
Sunny Days317/yr
Rain10.6 in/yr
Elevation23 ft

Did You Know?

28.2% of residents are foreign-born.