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CITY · 2020 ACS

Coral Terrace

Florida · 23,142 residents · 3.359 sq mi
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The short version

Coral Terrace has roughly average household income, with a median household income of $64,436. Population has declined 5% since 2000. Median home value has more than doubled since 2000, reaching $355,400. With a median age of 46.8, the population is older than the US median of 38.8.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 46.8
US median: 38.8
Less educated
27% hold a bachelor's degree
US average: 33%
Less affordable
home values up 75%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
23,142
−5%since 2000
from 24,380 in 2000
1990 – 2024
Population density
6,890 / sq mi
−5%since 2000
from 7,258 / sq mi in 2000
US average: 280
Median age
46.8
+14%since 2000
from 41.2 in 2000
US average: 38.8
Population, 1990 – 2024
23K24K24K25K26K1990201020202024Coral Terrace
202425K
1990201020202024
Section 02

Income & economy

Median household income
$64,436
+11%inflation adjusted, since 2000
from $38,523 in 2000
US average: $66,278
1990 – 2024
Per capita income
$31,600
+107%since 2000
from $15,291 in 2000
US average: $35,364
Households earning $100K+
42.5%
+15.4 ptssince 2009
from 27.2% in 2009
US average: 43.9%
Poverty rate
13.5%
+2.3 ptssince 2000
from 11.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Wholesale trade9.8%
US avg: 6.7%
Other services9.2%
US avg: 6.6%
Information9.1%
US avg: 11.1%
Finance & insurance8.5%
US avg: 5.5%
Professional, scientific, technical7.3%
US avg: 4.7%
Public administration5.7%
US avg: 4.7%
Retail trade4.7%
US avg: 10%
Transportation & warehousing4.1%
US avg: 2.5%
Arts, entertainment, food1.2%
US avg: 2%
Education & health services1.2%
US avg: 0.8%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$355,400
+75%inflation adjusted, since 2000
from $135,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,459
+36%inflation adjusted, since 2000
from $715 in 2000
US average: $1,124
Owner-occupied
66.3%
−4.3 ptssince 2000
from 70.6% in 2000
33.7% rent
Afford Score
5.5
+57%since 2000
from 3.5 in 2000
1990 – 2024
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)
2020
White, non-Hispanic9.1%(2,105)
Black0.4%(92)
Hispanic / Latino88.9%(20,567)
Asian0.7%(166)
Other0.3%(66)
Diversity Score24%(5,544)
Diversity Score
24
−34%since 2000
from 37 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
26.7%
+8.5 ptssince 2000
from 18.1% in 2000
US average: 32.9%
High school or higher
82.5%
+20.1 ptssince 2000
from 62.4% in 2000
US average: 88.5%
Graduate degree
8.7%
+1.1 ptssince 2000
from 7.6% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
28.3 min
+60%since 2000
from 17.7 min in 2000
US average: 26.9
Drive alone to work
78.5%
−4.5 ptssince 2009
from 83.0% in 2009
US average: 75.1%
No vehicle available
4.6%
−1.9 ptssince 2009
from 6.5% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.4%
−6.8 ptssince 2011
from 8.2% in 2011
US average: 5.4%
Labor force participation
61.1%
−1.2 ptssince 2011
from 62.3% in 2011
US average: 63.4%
Management & professional
37.8%
−19.3 ptssince 2009
from 57.0% in 2009
US average: 39.3%
Section 08

People & community

Male
49.6%
+0.1 ptssince 2009
from 49.5% in 2009
Female
50.4%
−0.1 ptssince 2009
from 50.5% in 2009
Foreign born
65.5%
+4.8 ptssince 2009
from 60.6% in 2009
US average: 13.5%
Uninsured
8.9%
−61.4 ptssince 2013
from 70.3% in 2013
US average: 8.8%
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 23,142 residents according to the 2020 American Community Survey.

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

The typical household in Coral Terrace, Florida earns about $64,436 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 $355,400, and the typical rent is about $1,459 a month.

How educated are people in Coral Terrace, Florida?

About 26.7% 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 13.5% of people in Coral Terrace, Florida live below the federal poverty line.

Has Coral Terrace, Florida grown since 1990?

Yes, Coral Terrace, Florida has shrunk since 1990. The population has lost about 113 residents, a change of about -0 percent over that period.

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

How we source and harmonize this data →