Pros and Cons of Living In Coral Gables, Florida. Is Coral Gables, FL a Nice Place To Live or Retire?

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Coral Gables, Florida

Moving to Coral Gables In Florida ? Is Coral Gables, FL a Nice Place To Live? Pros and Cons of Living in Coral Gables, Florida. Find out the best and worst about to live, raise a family or retire in Coral Gables.

DEMOGRAPHICS

Population
49937
Unemployment
3.2%
32% NAT AVG.
Poverty
7.8%
44% NAT AVG.
Cost Of Living
164
64% NAT AVG.

ECONOMICS

Median Home Cost
$856600
273% NAT AVG.
Median Income
$103999
54% NAT AVG.
Median Rent
$1794
55% NAT AVG.
Overall Score
9

CRIME REPORT

Total Crime
1218
4% NAT. AVG.
13% STATE AVG.
Violent Crime
51
74% NAT. AVG.
73% STATE AVG.
Property Crime
1167
19% NAT. AVG.
32% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 13
Unemployed People
1 in 31
People Earning < $10,000
1 in 16
People Earning < $50,000
25%
People With Any Degree
1 in 1.3

ETHNICITY

Ethnicity Coral Gables USA
White 34.2% 60.1%
African American 3.1% 12.2%
American Indian 0% 0.6%
Asian 3% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.1% 2.8%
Hispanic 58.4% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Coral Gables USA
Less than $10,000 6.1% 5.8%
$10,000 to $14,999 3.5% 4.1%
$15,000 to $24,999 4.8% 8.5%
$25,000 to $34,999 4.5% 8.6%
$35,000 to $49,999 6.1% 12.0%
$50,000 to $74,999 12.5% 17.2%
$75,000 to $99,999 9.8% 12.8%
$100,000 to $149,999 15.3% 15.6%
$150,000 to $199,999 10.5% 7.1%

EDUCATION

Education Coral Gables USA
< 9th Grade 1% 5.0%
9-12th Grade 2% 7.0%
High School or GED 11% 27.0%
Other College 11% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 32% 20.0%
Master's Degree 21% 9.0%
Professional Degree 12% 2.0%
Doctorate Degree 4% 1.0%
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. The unemployment rate of Coral Gables remained 3.2%, which is 32% lower than national rate.

Cost of living in Coral Gables is 164, which is 64% higher than national average. In Coral Gables, only 69% of adults have a bachelor's degree and 17% have some college but no degree. 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.
Coral Gables Scorecard

Jobs90%

Housing100%

Affordability50%

Safety70%

Amenities95%

Diversity90%

Education95%

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