Coral Cove, Australia

Full City Profile

2.2 /5.0

C Fair

1,291 Population 5/sq mi density

39 ft Elevation 12 meters

71°F Avg Temperature 22°C

Overall

2.2 / 5.0

Fair overall score based on economy, affordability, safety and education

Economy

3.0 / 5.0

$22,443 median income, 2.5% unemployment

Affordability

1.4 / 5.0

$210,200 home value, $1,051/mo rent

Coral Cove, Australia

At a Glance

Median Income

$22,443

70% below

$22,443 per capita

Home Value

$210,200

25% below

Median Rent

$1,051/mo

10% below

Unemployment

2.5%

31% below

Avg Temperature

71°F

345 sunny days/yr

Is Coral Cove a Good Place to Live?

2.2 / 5.0 — Fair

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Coral Cove residents earn a median household income of $22,443 , which is 70% below the national average of $75,149. Per capita income is $22,443. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). The area is home to 123 business establishments.

Housing & Cost of Living

The median home value in Coral Cove is $210,200 , 25% below the national median of $281,900. Median rent is $1,051/month.

Climate & Weather

Coral Cove has an average annual temperature of 71°F (22°C). Winters average 76°F in January while summers reach 64°F in July. The area gets 345 sunny days per year. Annual precipitation totals 26.3 inches.

Data Overview

People

Population1,291

Median Age50.0 yrs

Density5/mi²

Foreign Born17.9%

Economy

Median Income$22,443

Per Capita$22,443

Unemployment2.5%

Poverty

Avg Weekly Wage$432

Housing

Home Value$210,200

Rent$1,051

Ownership79.8%

Housing Units516

Climate

Avg Temp71°F

Sunny Days345/yr

Rain26.3 in/yr

Elevation39 ft

Did You Know?

17.9% of residents are foreign-born.