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NEIGHBORHOOD

Coral Way

Florida · Miami · 44,841 residents · 3.716 sq mi
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The short version

Coral Way has roughly average household income, with a median household income of $81,777. Population has held roughly steady since 2024. 50% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $568,083. Households here earn about 31% more than the Miami median. These figures are approximated by combining the 12 census tracts that make up Coral Way; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Average income
near the US median
US median: $82,259
Mid-age
median age 40.9
US median: 38.9
More educated
50% hold a bachelor's degree
US average: 36%
Renter-heavy
44% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
44,841
Population density
12,067 / sq mi
US average: 281
Median age
40.9
US average: 38.9
Section 02

Income & economy

Median household income
$81,777
US average: $82,259
Per capita income
$46,100
US average: $44,673
Households earning $100K+
49.9%
US average: 53.3%
Poverty rate
11.5%
US average: 12.5%
Income inequality (Gini)
0.459
US average: 0.476
Workforce by industry, 2024
Other services9.2%
US avg: 6.7%
Wholesale trade8.6%
US avg: 6.9%
Information8.4%
US avg: 10.8%
Finance & insurance7.8%
US avg: 5.9%
Professional, scientific, technical7.3%
US avg: 5.1%
Public administration6.5%
US avg: 4.8%
Retail trade3.2%
US avg: 9.9%
Arts, entertainment, food2.8%
US avg: 1.9%
Transportation & warehousing1.3%
US avg: 2.2%
Education & health services0.4%
US avg: 0.9%
Agriculture, forestry, fishing0.1%
US avg: 1.6%
Construction0.1%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$568,083
US average: $376,019
Median gross rent
$2,038
US average: $1,442
Owner-occupied
44.3%
55.7% rent
Vacancy rate
8.3%
US average: 10.0%
Owner cost-burdened
33.7%
US average: 22.9%
Renter cost-burdened
60.7%
US average: 47.4%
Afford Score
6.9
RELATED:See current rent listings in Coral Way on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic13.4%(6,011)
Black1.1%(473)
Hispanic / Latino79.3%(35,557)
Asian2.1%(952)
Other4.1%(1,848)
Diversity Score43.9%(19,673)
2024
White, non-Hispanic13.4%(6,011)
Black1.1%(473)
Hispanic / Latino79.3%(35,557)
Asian2.1%(952)
Other4.1%(1,848)
Diversity Score43.9%(19,673)
Diversity Score
44
Section 05

Education

Bachelor's degree or higher
50.3%
US average: 35.6%
High school or higher
89.4%
US average: 89.6%
Graduate degree
18.5%
US average: 14.0%
Section 06

Commute & transportation

Average commute
26.6 min
US average: 26.5
Drive alone to work
64.2%
US average: 68.9%
Carpooled to work
8.4%
US average: 8.5%
Public transit
4.3%
US average: 3.2%
Worked from home
17.1%
US average: 15.0%
Walked to work
3.4%
US average: 2.4%
Biked to work
1.1%
US average: 0.4%
No vehicle available
7.8%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.6%
US average: 5.2%
Labor force participation
69.8%
US average: 63.5%
Self-employed
7.4%
US average: 13.1%
Management & professional
45.9%
US average: 42.5%
Section 08

People & community

Male
48.0%
Female
52.0%
Foreign born
55.6%
US average: 14.1%
Veterans
3.0%
US average: 6.2%
With a disability
9.4%
US average: 13.3%
Uninsured
10.3%
US average: 8.4%
Broadband at home
89.3%
US average: 91.0%
English only at home
17.0%
US average: 77.7%
Spanish at home
77.4%
US average: 13.6%
Explore

Neighborhoods in Miami

Alameda - West FlaglerAllapattahBrickellDowntownFlagamiLiberty CityLittle HaitiLittle HavanaNorth-East Coconut GroveOvertownShenandoahSouth-West Coconut GroveUpper EastsideWynwood - EdgewaterNeighborhoods in Miami
Drill deeper

Places similar to Coral Way

Sunnyside
Pop 46,879
Throgs Neck-Schuylerville
Pop 47,903
Prospect Lefferts Gardens-Wingate
Pop 44,881
Baisley Park
Pop 43,885
Places similar to Coral Way
Head to head

Compare Coral Way side by side

CORAL WAY VS
Sunnyside
Income$81,706same
Home value$636,793+12%
Population46,879+5%
SEE FULL COMPARISON →
CORAL WAY VS
Throgs Neck-Schuylerville
Income$83,474+2%
Home value$641,852+13%
Population47,903+7%
SEE FULL COMPARISON →
CORAL WAY VS
Prospect Lefferts Gardens-Wingate
Income$76,878−6%
Home value$1,204,360+112%
Population44,881same
SEE FULL COMPARISON →
CORAL WAY VS
Baisley Park
Income$86,997+6%
Home value$627,120+10%
Population43,885−2%
SEE FULL COMPARISON →
Frequently asked

How many people live in Coral Way, Miami, Florida?

Coral Way, Miami, Florida has about 44,841 residents according to the 2024 American Community Survey.

What is the median household income in Coral Way, Miami, Florida?

The typical household in Coral Way, Miami, Florida earns about $81,777 a year. Half of households make more than that, and half make less.

Is Coral Way, Miami, Florida expensive?

In Coral Way, Miami, Florida, the median home is worth about $568,083, and the typical rent is about $2,038 a month.

How educated are people in Coral Way, Miami, Florida?

About 50.3% of adults age 25 and over in Coral Way, Miami, Florida hold a bachelor's degree or higher.

What is the poverty rate in Coral Way, Miami, Florida?

About 11.5% of people in Coral Way, Miami, Florida live below the federal poverty line.

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Containing area
Miami

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

How we source and harmonize this data →