Coral Terrace, FL
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-12-15

Living In Coral Terrace, Florida Summary

Life in Coral Terrace research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Coral Terrace over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Coral Terrace:

  • The population in Coral Terrace is 24,597.

  • The median home value in Coral Terrace is $602,533.

  • The median income in Coral Terrace is $72,999.

  • The cost of living in Coral Terrace is 117 which is 1.2x higher than the national average.

  • The median rent in Coral Terrace is $1,671.

  • The unemployment rate in Coral Terrace is 2.7%.

  • The poverty rate in Coral Terrace is 13.3%.

  • The average high in Coral Terrace is 83.7° and the average low is 69.0°.

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Coral Terrace SnackAbility

6
Overall SnackAbility
Jobs
8.5/10
Housing
9
Affordability
3
Diversity
6
Safety
N/A
Amenities
9.5
Education
6
Commute
6
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Coral Terrace, FL Cost Of Living

Cost of living in Coral Terrace summary. We use data on the cost of living to determine how expensive it is to live in Coral Terrace. Real estate prices drive most of the variance in cost of living around Florida. Key points include:

  • The cost of living in Coral Terrace is 117 with 100 being average.

  • The cost of living in Coral Terrace is 1.2x higher than the national average.

  • The median home value in Coral Terrace is $602,533.

  • The median income in Coral Terrace is $72,999.

117
Coral Terrace's Overall Cost Of Living
1.2x
Higher Than The National Average

Cost Of Living In Coral Terrace Comparison Table

Living Expense Coral Terrace Florida National Average
Overall 117 101 100
Services 107 98 100
Groceries 119 101 100
Health 95 96 100
Housing 143 108 100
Transportation 109 98 100
Utilities 107 100 100

Coral Terrace, FL Weather

  • The average high in Coral Terrace is 83.7° and the average low is 69.0°.

  • There are 73.7 days of precipitation each year.

  • Expect an average of 61.6 inches of precipitation each year with 0.0 inches of snow.

StatCoral Terrace
Average Annual High83.7
Average Annual Low69.0
Annual Precipitation Days73.7
Average Annual Precipitation61.6
Average Annual Snowfall0.0
83.7°
Average High
73.7°
Days of Rain

Rankings for Coral Terrace in Florida

Locations Around Coral Terrace

Map Of Coral Terrace, FL

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Coral Terrace Demographics And Statistics

Population over time in Coral Terrace

The current population in Coral Terrace is 24,597. The population has increased 7.4% from 2010.

Year Population % Change
2022 24,597 -2.5%
2021 25,234 2.1%
2020 24,723 3.1%
2019 23,983 -0.0%
2018 23,994 -5.2%
2017 25,318 2.8%
2016 24,629 -2.9%
2015 25,359 4.5%
2014 24,271 6.0%
2013 22,892 -

Race / Ethnicity in Coral Terrace

White
7.7% (1,894)
African American
0.7% (176)
American Indian
0.0% (0)
Asian
1.1% (269)
Hawaiian
0.0% (0)
Other
0.3% (86)
Two Or More
0.5% (131)
Hispanic
89.6% (22,041)

Coral Terrace is:

  • 7.7% White with 1,894 White residents.

  • 0.7% African American with 176 African American residents.

  • 0.0% American Indian with 0 American Indian residents.

  • 1.1% Asian with 269 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.3% Other with 86 Other residents.

  • 0.5% Two Or More with 131 Two Or More residents.

  • 89.6% Hispanic with 22,041 Hispanic residents.

Race Coral Terrace FL USA
White 7.7% 52.0% 58.9%
African American 0.7% 14.9% 12.1%
American Indian 0.0% 0.1% 0.6%
Asian 1.1% 2.8% 5.7%
Hawaiian 0.0% 0.1% 0.2%
Other 0.3% 0.5% 0.4%
Two Or More 0.5% 3.1% 3.5%
Hispanic 89.6% 26.5% 18.7%

Gender in Coral Terrace

Female
51.2% (12,587)
Male
48.8% (12,010)
  • Coral Terrace is 51.2% female with 12,587 female residents.

  • Coral Terrace is 48.8% male with 12,010 male residents.

Gender Coral Terrace FL USA
Female 51.2% 50.8% 50.4%
Male 48.8% 49.2% 49.6%

Highest level of educational attainment in Coral Terrace for adults over 25

  • 5.0% of adults in Coral Terrace completed < 9th grade.

  • 10.0% of adults in Coral Terrace completed 9-12th grade.

  • 33.0% of adults in Coral Terrace completed high school / ged.

  • 14.0% of adults in Coral Terrace completed some college.

  • 8.0% of adults in Coral Terrace completed associate's degree.

  • 21.0% of adults in Coral Terrace completed bachelor's degree.

  • 5.0% of adults in Coral Terrace completed master's degree.

  • 3.0% of adults in Coral Terrace completed professional degree.

  • 1.0% of adults in Coral Terrace completed doctorate degree.

< 9th Grade
5.0% (1,229)
9-12th Grade
10.0% (2,459)
High School / GED
33.0% (8,117)
Some College
14.0% (3,443)
Associate's Degree
8.0% (1,967)
Bachelor's Degree
21.0% (5,165)
Master's Degree
5.0% (1,229)
Professional Degree
3.0% (737)
Doctorate Degree
1.0% (245)
Education Coral Terrace FL USA
< 9th Grade 5.0% 6.0% 4.0%
9-12th Grade 10.0% 6.0% 6.0%
High School / GED 33.0% 28.0% 26.0%
Some College 14.0% 19.0% 20.0%
Associate's Degree 8.0% 10.0% 9.0%
Bachelor's Degree 21.0% 20.0% 21.0%
Master's Degree 5.0% 8.0% 10.0%
Professional Degree 3.0% 2.0% 2.0%
Doctorate Degree 1.0% 1.0% 2.0%

Household Income For Coral Terrace, Florida

  • 3.1% of households in Coral Terrace earn Less than $10,000.

  • 4.4% of households in Coral Terrace earn $10,000 to $14,999.

  • 11.0% of households in Coral Terrace earn $15,000 to $24,999.

  • 7.4% of households in Coral Terrace earn $25,000 to $34,999.

  • 12.2% of households in Coral Terrace earn $35,000 to $49,999.

  • 15.9% of households in Coral Terrace earn $50,000 to $74,999.

  • 10.6% of households in Coral Terrace earn $75,000 to $99,999.

  • 17.1% of households in Coral Terrace earn $100,000 to $149,999.

  • 8.9% of households in Coral Terrace earn $150,000 to $199,999.

  • 9.3% of households in Coral Terrace earn $200,000 or more.

Less than $10,000
3.1% (77,398)
$10,000 to $14,999
4.4% (108,785)
$15,000 to $24,999
11.0% (271,505)
$25,000 to $34,999
7.4% (183,136)
$35,000 to $49,999
12.2% (300,149)
$50,000 to $74,999
15.9% (391,565)
$75,000 to $99,999
10.6% (259,621)
$100,000 to $149,999
17.1% (420,513)
$150,000 to $199,999
8.9% (219,398)
$200,000 or more
9.3% (227,625)
Income Coral Terrace FL USA
Less than $10,000 3.1% 5.2% 4.9%
$10,000 to $14,999 4.4% 3.7% 3.8%
$15,000 to $24,999 11.0% 7.6% 7.0%
$25,000 to $34,999 7.4% 8.3% 7.4%
$35,000 to $49,999 12.2% 12.1% 10.7%
$50,000 to $74,999 15.9% 17.6% 16.1%
$75,000 to $99,999 10.6% 13.2% 12.8%
$100,000 to $149,999 17.1% 16.0% 17.1%
$150,000 to $199,999 8.9% 7.4% 8.8%
$200,000 or more 9.3% 9.0% 11.4%

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