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Coral Terrace, FL
Full City Profile · Florida · Miami-Dade County County
Coral Terrace, FL
At a Glance
How Coral Terrace Compares to the U.S. Average
Each bar shows Coral Terrace's value as a percentage of the national average (100% = U.S. avg)
Is Coral Terrace a Good Place to Live?
Economy & Jobs
Coral Terrace residents earn a median household income of $77,396 , which is 3% above the national average of $75,149. Per capita income is $35,646. The unemployment rate stands at 1.9% (47% below the U.S. rate of 3.6%). 7.5% 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 Terrace is $496,500 , 76% above the national median of $281,900. Zillow estimates the typical home at $651,201. Median rent is $1,707/month, with 35.0% 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 1957.
Safety & Crime
Coral Terrace reports 206 violent crimes per 100,000 residents , which is 46% below the national average of 380/100K. Property crime is 2,125/100K.
Education
30.2% of adults in Coral Terrace hold a bachelor's degree or higher (10% below the national average). 83.7% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Coral Terrace 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.