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CITY

Coral Terrace

Florida · 24,895 residents · 3.359 sq mi
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Notable rankings
#13Most foreign-born residentsof 6,82662.5%
The short version

Coral Terrace has roughly average household income, with a median household income of $80,353. Population has held roughly steady since 2000. Median home value has more than tripled since 2000, reaching $582,900. With a median age of 44.7, the population is older than the US median of 38.9.

At a glance
Average income
near the US median
US median: $82,259
Older
median age 44.7
US median: 38.9
Less educated
29% hold a bachelor's degree
US average: 36%
Less affordable
home values up 137%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
24,895
+2%since 2000
from 24,380 in 2000
1990 – 2024
Population density
7,411 / sq mi
+2%since 2000
from 7,258 / sq mi in 2000
US average: 281
Median age
44.7
+8%since 2000
from 41.2 in 2000
US average: 38.9
Population, 1990 – 2024
23K24K24K25K26K1990201020202024Coral Terrace
202425K
1990201020202024
Section 02

Income & economy

Median household income
$80,353
+15%inflation adjusted, since 2000
from $38,523 in 2000
US average: $82,259
1990 – 2024
Per capita income
$35,490
+132%since 2000
from $15,291 in 2000
US average: $44,673
Households earning $100K+
55.2%
+28.0 ptssince 2009
from 27.2% in 2009
US average: 53.3%
Poverty rate
10.8%
−0.4 ptssince 2000
from 11.2% in 2000
US average: 12.5%
Income inequality (Gini)
0.436
−1%since 2010
from 0.441 in 2010
US average: 0.476
Workforce by industry, 2024
Information10.5%
US avg: 10.8%
Wholesale trade9.5%
US avg: 6.9%
Finance & insurance9%
US avg: 5.9%
Professional, scientific, technical8.2%
US avg: 5.1%
Other services5.5%
US avg: 6.7%
Retail trade5.2%
US avg: 9.9%
Transportation & warehousing3.2%
US avg: 2.2%
Public administration3%
US avg: 4.8%
Arts, entertainment, food1.3%
US avg: 1.9%
Education & health services0.8%
US avg: 0.9%
Agriculture, forestry, fishing0.2%
US avg: 1.6%
Construction0.2%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$582,900
+137%inflation adjusted, since 2000
from $135,100 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,759
+35%inflation adjusted, since 2000
from $715 in 2000
US average: $1,442
Owner-occupied
60.3%
−10.3 ptssince 2000
from 70.6% in 2000
39.7% rent
Vacancy rate
5.5%
−1.1 ptssince 2009
from 6.7% in 2009
US average: 10.0%
Owner cost-burdened
20.6%
−23.6 ptssince 2009
from 44.2% in 2009
US average: 22.9%
Renter cost-burdened
51.8%
−6.9 ptssince 2009
from 58.7% in 2009
US average: 47.4%
Afford Score
7.3
+107%since 2000
from 3.5 in 2000
1990 – 2024
Gentrification Score
65
RELATED:See current rent listings in Coral Terrace on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic16.5%(4,030)
Black0.4%(109)
Hispanic / Latino82.1%(20,015)
Asian0.5%(119)
Other0%
Diversity Score36.6%(8,913)
2024
White, non-Hispanic5.9%(1,462)
Black0.7%(176)
Hispanic / Latino91.2%(22,701)
Asian1%(250)
Other1.2%(306)
Diversity Score20.6%(5,127)
Diversity Score
21
−44%since 2000
from 37 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
29.4%
+11.3 ptssince 2000
from 18.1% in 2000
US average: 35.6%
High school or higher
83.2%
+20.8 ptssince 2000
from 62.4% in 2000
US average: 89.6%
Graduate degree
8.5%
+1.0 ptssince 2000
from 7.6% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
25.5 min
+44%since 2000
from 17.7 min in 2000
US average: 26.5
Drive alone to work
70.9%
−12.1 ptssince 2009
from 83.0% in 2009
US average: 68.9%
Carpooled to work
8.2%
−0.7 ptssince 2009
from 8.8% in 2009
US average: 8.5%
Public transit
1.0%
−2.3 ptssince 2009
from 3.3% in 2009
US average: 3.2%
Worked from home
16.3%
+14.5 ptssince 2009
from 1.8% in 2009
US average: 15.0%
Walked to work
0.9%
−0.8 ptssince 2009
from 1.7% in 2009
US average: 2.4%
Biked to work
0.5%
+0.2 ptssince 2009
from 0.2% in 2009
US average: 0.4%
No vehicle available
8.8%
+2.3 ptssince 2009
from 6.5% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.8%
−4.4 ptssince 2011
from 8.2% in 2011
US average: 5.2%
Labor force participation
65.5%
+3.2 ptssince 2011
from 62.3% in 2011
US average: 63.5%
Self-employed
9.5%
−0.4 ptssince 2009
from 9.9% in 2009
US average: 13.1%
Management & professional
33.7%
−23.3 ptssince 2009
from 57.0% in 2009
US average: 42.5%
Section 08

People & community

Male
46.9%
−2.7 ptssince 2009
from 49.5% in 2009
Female
53.1%
+2.7 ptssince 2009
from 50.5% in 2009
Foreign born
62.5%
+1.8 ptssince 2009
from 60.6% in 2009
US average: 14.1%
Veterans
1.0%
−47.9 ptssince 2009
from 48.9% in 2009
US average: 6.2%
With a disability
11.8%
+0.9 ptssince 2012
from 10.9% in 2012
US average: 13.3%
Uninsured
8.6%
−61.7 ptssince 2013
from 70.3% in 2013
US average: 8.4%
Broadband at home
88.5%
+9.0 ptssince 2017
from 79.5% in 2017
US average: 91.0%
English only at home
11.9%
−2.6 ptssince 2016
from 14.5% in 2016
US average: 77.7%
Spanish at home
85.6%
+1.9 ptssince 2016
from 83.8% in 2016
US average: 13.6%
Drill deeper

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Compare Coral Terrace to nearby cities

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CORAL TERRACE VS
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CORAL TERRACE VS
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CORAL TERRACE VS
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Frequently asked

How many people live in Coral Terrace, Florida?

Coral Terrace, Florida has about 24,895 residents according to the 2024 American Community Survey.

What is the median household income in Coral Terrace, Florida?

The typical household in Coral Terrace, Florida earns about $80,353 a year. Half of households make more than that, and half make less.

Is Coral Terrace, Florida expensive?

In Coral Terrace, Florida, the median home is worth about $582,900, and the typical rent is about $1,759 a month.

How educated are people in Coral Terrace, Florida?

About 29.4% of adults age 25 and over in Coral Terrace, Florida hold a bachelor's degree or higher.

What is the poverty rate in Coral Terrace, Florida?

About 10.8% of people in Coral Terrace, Florida live below the federal poverty line.

Has Coral Terrace, Florida grown since 1990?

Yes, Coral Terrace, Florida has grown since 1990. The population has added about 1,640 residents, a change of about 7 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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