Coral Gables, FL

Coral Gables, FL

At a Glance

How Coral Gables Compares to the U.S. Average

Each bar shows Coral Gables's value as a percentage of the national average (100% = U.S. avg)

Is Coral Gables a Good Place to Live?

Economy & Jobs

Coral Gables residents earn a median household income of $130,803 , which is 74% above the national average of $75,149. Per capita income is $82,686. The unemployment rate stands at 2.0% (44% below the U.S. rate of 3.6%). 5.2% of residents live below the poverty line. The area is home to 123,309 business establishments, including 6,356 restaurants.

Housing & Cost of Living

The median home value in Coral Gables is $1,007,500 , 257% above the national median of $281,900. Zillow estimates the typical home at $1,491,732. Median rent is $2,121/month, with 30.5% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1968.

Safety & Crime

Coral Gables reports 97 violent crimes per 100,000 residents , which is 74% below the national average of 380/100K. Property crime is 2,606/100K. The murder rate is 0.0/100K.

Education

71.9% of adults in Coral Gables hold a bachelor's degree or higher (113% above the national average). 97.1% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

Coral Gables has an average annual temperature of 77°F (25°C). Winters average 69°F in January while summers reach 84°F in July. The area gets 330 sunny days per year. Annual precipitation totals 51.0 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

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