With 44,841 people, Coral Way is a neighborhood in Miami. 56% of residents were born outside the United States. Owners hold 44% of the housing stock. This is an unusually credentialed place: 50% of adults have a four-year degree. Density works out to 12,067 people per square mile. That is roughly 31% ahead of 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
Land area
3.72 sq mi
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%
BAR + DOT: THIS PLACE · TICK: 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%
Persons per household
2.45 people
US average: 2.54
Owner cost-burdened
33.7%
US average: 22.9%
Renter cost-burdened
60.7%
US average: 47.4%
Afford Score
6.9
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
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)
2024
White, non-Hispanic13.4%(6,011)
Black1.1%(473)
Hispanic / Latino79.3%(35,557)
Asian2.1%(952)
Other4.1%(1,848)
Diversity Score
44
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
