Coral Terrace

Population: 24,051
Median household income: $77,396
Median home value: $496,500

Coral Terrace, a community in Miami-Dade County, Florida, has 24,051 residents. The median household income of $77,396 is above the Miami-Dade County median ($68,694).

From 2019 to 2023, Coral Terrace's population declined 5.3% from 25,387 to 24,051, while its median home value rose 48.2% from $335,100 to $496,500.

73.1% of homes are single-family detached houses. The typical home was built around 1958.

Demographics

ACS 2019–2023

Population: 24,051
Median age: 45.8 yrs
Median household income: $77,396
Median home value: $496,500
Median gross rent: $1,707
Housing units: 8,552
Homeownership rate: 61.5%
Bachelor's degree or higher: 30.2%
Unemployment rate: 3.0%

Trends

ACS 5-year · 2019–2023

Population

25,38724,051

Median household income

$62,547$77,396

Median home value

$335,100$496,500

Median gross rent

$1,487$1,707

Year	Population	Median household income	Median home value	Median gross rent
2019	25,387	$62,547	$335,100	$1,487
2020	25,529	$64,436	$355,400	$1,459
2021	25,869	$67,942	$390,400	$1,525
2022	24,597	$72,999	$448,100	$1,671
2023	24,051	$77,396	$496,500	$1,707

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.1%

5 to 1712.4%

18 to 246.4%

25 to 3411.5%

35 to 4414.5%

45 to 5414.8%

55 to 6413.4%

65 to 7411.4%

75 and over11.6%

	Count	Share
Under 5	984	4.1%
5 to 17	2,973	12.4%
18 to 24	1,548	6.4%
25 to 34	2,758	11.5%
35 to 44	3,476	14.5%
45 to 54	3,550	14.8%
55 to 64	3,226	13.4%
65 to 74	2,744	11.4%
75 and over	2,792	11.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,723	7.2%
Black or African American	142	0.6%
American Indian & Alaska Native	0	0.0%
Asian	199	0.8%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	115	0.5%
Two or more races	193	0.8%
Hispanic or Latino (any race)	21,679	90.1%

Educational attainment (age 25+)

No high school diploma16.3%

High school graduate30.9%

Some college or associate's22.6%

Bachelor's degree21.5%

Graduate or professional degree8.8%

	Count	Share
No high school diploma	3,016	16.3%
High school graduate	5,725	30.9%
Some college or associate's	4,197	22.6%
Bachelor's degree	3,983	21.5%
Graduate or professional degree	1,625	8.8%

Commute to work

Mean travel time to work: 26 min

Drove alone74.9%

Carpooled6.3%

Public transit1.1%

Walked0.3%

Bicycle0.5%

Worked from home15.6%

Other means1.4%

How workers get to work

	Count	Share
Drove alone	9,345	74.9%
Carpooled	780	6.3%
Public transit	138	1.1%
Walked	32	0.3%
Bicycle	57	0.5%
Worked from home	1,952	15.6%
Other means	173	1.4%

Travel time

	Count	Share
Under 15 min	1,403	13.3%
15 to 29 min	5,034	47.8%
30 to 44 min	2,710	25.7%
45 to 59 min	806	7.7%
60+ min	572	5.4%

Households

Average household size: 2.92
Poverty rate: 12.1% (2,873 of 23,730)

	Count	Share
Family households	6,224	76.8%
Nonfamily households	1,875	23.2%

Housing

Median year structure built: 1958

Occupancy

	Count	Share
Occupied	8,099	94.7%
Vacant	453	5.3%

Tenure (of occupied units)

	Count	Share
Owner-occupied	4,980	61.5%
Renter-occupied	3,119	38.5%

1-unit, detached73.1%

1-unit, attached12.0%

2 to 4 units2.7%

5 to 19 units4.0%

20 or more units7.2%

Mobile home & other1.0%

Units in structure

	Count	Share
1-unit, detached	6,252	73.1%
1-unit, attached	1,024	12.0%
2 to 4 units	232	2.7%
5 to 19 units	339	4.0%
20 or more units	620	7.2%
Mobile home & other	85	1.0%

Geography

Place GEOID: 1214412
Type (LSAD): 57
Land area: 3.36 sq mi
Water area: 0.07 sq mi
Center point: 25.7462, -80.3045