Coral Gables is a city in Florida state in USA with a population of 49937 residents.. The poverty rate of Coral Gables is 7.8%, which is 44% lower than national average. The typical household in Coral Gables earns $103999 a year, compared to the national median of $67,500. Nearly 25% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Coral Gables, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Coral Gables remained 3.2%, which is 32% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Coral Gables, only 69% of adults have a bachelor's degree and 17% have some college but no degree.

Cost of living in Coral Gables is 164, which is 64% higher than national average. Median home value in Coral Gables is $856600 , which is 273% higher than national average. While median income in Coral Gables remained $103999, which is 54% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.