CitytisticsShortlist

Cost of living, pay and housing

25.75° N · 80.30° W · GEOID 1214412

Coral Terrace

Miami-Dade County, Florida · part of the Miami, FL metro

FloridaCoral Terrace, FLCoral TerraceCoral Terrace

The short answer

Coral Terrace is home to 24,895 people. Median household income is $80,353 a year and median rent is $1,759 a month, 26.3% of income (a ratio of two medians, not any one household's burden). Rent pressure is moderate. The median home is valued at $582,900, about 7.3x annual median household income.

Coral Terrace stands out on value for money. Home values run 32% above what its fundamentals predict in the same metro area. Also notable: OpenStreetMap shows 32.8 bus and rail stops per square mile, more than in 97% of places its size.

19OF 100

CTXCitytistics Index

Weak

Coral Terrace scores better than 19% of the 6,612 places we rate, and ranks 294th of 474 in Florida.

How the CTX is built

Category ratings · 0 to 100, typical place 50

Affordability 20%10
Economy 20%62
Safety 20%n/a
Amenities 15%30
Education 10%45
Commute 10%47
Growth 5%n/a

Not rated: safety, growth, for want of data (the city police department does not report a full year to the FBI). The other weights are spread over the categories rated.

Median gross rent
$1,759
29% above the median place
Median household income
$80,353
0% above the median place
Median home value
$582,900
82% above the median place
Unemployment
3.8%
23% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Coral Terrace

  • AffordabilityThe median rent takes 26.3% of the median household's income, a bigger share than in 87% of the 2,301 places of 10,000 to 25,000 people we track.
01

Moving to Coral Terrace

Miami-Dade County loses about 18.7 residents per 1,000 a year to moves between counties.

Moved in67,097
Moved out107,355
Net−40,258

Where people come from and where they go, top counties

Broward County, FL16,82129,098−12,277
Palm Beach County, FL2,6344,446−1,812
Lee County, FL1,1613,807−2,646
Orange County, FL1,5243,362−1,838
Hillsborough County, FL1,2462,603−1,357
New York County, NY2,031

Within Florida, other states or abroad

Arrivals
Leavers
Within FloridaOther statesAbroad

Income per tax return

Arrivals$127K
Leavers$78K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Miami-Dade County; flows under 20 returns are not published.

Who moves here
3.3% of residents arrived from another county in the past year, 1.3% from another state.
Who arrives and who leaves
Households moving into Miami-Dade County report $127,200 a year in income on average; those leaving, $78,100, so newcomers earn more than leavers.
Income you would need
$70,400 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,759 a month; owners with a mortgage pay $2,263 a month including taxes and insurance, on a median home of $582,900.
Getting to work
26 minutes each way on average; 16.3% work from home.
If it is close but not quite
East San Gabriel, CA matches it on character for less of your income. Compare the two
Moved here in the past year1
3.3%
43% below the median place
Net movers per 1,000 people7
-18.7
below the median place (median -0.6)
Income of households moving in7
$127,200
80% above the median place
All 5 moving measures
MeasureCoral TerraceAmong 6,645 placesVs median
Moved here in the past year13.3%43% below
Moved from another state1County figure1.3%36% below
Net movers per 1,000 people7County figure-18.7below (median -0.6)
Income of households moving in7County figure$127,20080% above
Income of households moving out7County figure$78,10811% above
02

What it costs to live here

The median home costs 7.2 years of the median household's income, more than in 94% of the 2,301 places of 10,000 to 25,000 people we track.

Coral Terrace26.3%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$70,360
a year, at the 30% line
Rent to income
26.3%
29% above the median place
Home price to income
7.3x
91% above the median place

Could you afford it?

The median rent would take
26%
just under the 30% line
Left after rent, in US prices
$55,700
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Coral Terrace, $1,759 a month, and local prices for everything else (105.7 against a US average of 100). It runs in your browser and stores nothing.

Like Coral Terrace, but easier on the budget

Places that match Coral Terrace on character (size, age, education, homeownership, household size, housing age, remote work and climate) but where rent takes a clearly smaller share of income. Cost was left out of the match on purpose.

PlaceMatchRent to incomeMore left a year
East San Gabriel, CA7621.8% vs 26.3%$27,300Compare
Annandale, VA5420.0% vs 26.3%$36,800Compare
Glenmont, MD4819.2% vs 26.3%$45,900Compare
Newark, CA4819.7% vs 26.3%$80,500Compare

Moving from somewhere else? Work out the salary you would need in Coral Terrace.

Sponsored · exampleMoving to Coral Terrace? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Median year built1
1957
1% below the median place
Median home value1
$582,900
82% above the median place
Property tax rate1
0.7%
26% below the median place
All 16 cost and housing measures
MeasureCoral TerraceAmong 6,645 placesVs median
Median gross rent1$1,75929% above
Rent to income126.3%29% above
Property tax rate10.7%26% below
Home price to income17.3x91% above
Prices vs US average2Metro figure114.213% above
Fair market rent, 2 bedrooms3County figure$2,56459% above
HUD area median income4County figure$89,80016% below
Property tax paid (median)1$3,90320% above
Median home value1$582,90082% above
Home prices, 1-year change5County figure2.8%13% below
Home prices, 5-year change5County figure79.5%54% above
Homeownership160.3%9% below
Renters paying 30%+156.6%12% above
Owner costs with a mortgage1$2,26321% above
Vacant homes15.5%21% below
Median year built119571% below
03

Work and pay

Compared with the 22 places most like it in size, age, education, housing and region (such as Westchester, FL, North Miami Beach, FL and Westwood Lakes, FL), unemployment here is lower: 3.8% against a typical 5.8%.

Unemployment1
3.8%
23% below the median place
Works from home1
16.3%
31% above the median place
Income per person1
$35,490
11% below the median place

More on work and pay, against the typical place

Mean commute26 min +2%
Commutes by transit1.0% +15%
Poverty rate10.8% +0%
Median household income$80,353 +0%
All 10 work and pay measures
MeasureCoral TerraceAmong 6,645 placesVs median
Median household income1$80,3530% above
Income per person1$35,49011% below
Unemployment13.8%23% below
Average annual pay6County figure$81,81824% above
Pay growth, 1 year6County figure5.4%46% above
Jobs6County figure1,276,535above (median 150,665)
Poverty rate110.8%0% above
Mean commute126 min2% above
Works from home116.3%31% above
Commutes by transit11.0%15% above
04

Who lives here

62% of residents were born outside the US, more than in 99% of the 2,199 places of 10,000 to 25,000 people we track.

Born abroad1
62.5%
above the median place (median 8.8%)
High school or higher1
83.2%
10% below the median place
Household size1
3.0
19% above the median place

More about who lives here, against the typical place

Median age44.7 +15%
Homes with broadband88.5% −4%
No health insurance8.6% +34%
Bachelor's or higher29.4% −8%
All 8 people measures
MeasureCoral TerraceAmong 6,645 placesVs median
Population124,8951870th largest
Median age144.715% above
Bachelor's or higher129.4%8% below
High school or higher183.2%10% below
Household size13.019% above
Born abroad162.5%above (median 8.8%)
No health insurance18.6%34% above
Homes with broadband188.5%4% below
05

Life in Coral Terrace

The nearest National Park Service site is Biscayne National Park, about 19 miles away.

194 sites are on the National Register of Historic Places, 5 of them National Historic Landmarks. Its history on Wikipedia

Out the door, against the typical place

Parks per 10k residents4.4 −57%
Playgrounds per 10k2.4 −74%
Grocery stores per 10k1.6 −24%
Restaurants, cafes and bars per 10k5.2 −53%
Libraries per 10k0.0 −100%
Named paths and bike trails0 km −100%
Bus and rail stops per sq mi32.8 156.0×

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

National Park Service sites nearby

  • Biscayne National Park 19 miles
  • Everglades National Park 38 miles
  • Big Cypress National Preserve 51 miles

Businesses per 10,000 residents (county figures)

Restaurants and bars22.2 +7%
Shops39.5 +30%
Arts, recreation and fitness5.9 +44%
Doctors' offices and clinics33.8 +67%
Child care centers2.8 +22%

Counts businesses with paid staff, so small owner-run shops are not included.

Nearest National Park Service site10
18.6
40% below the median place
Public school students12
335,631
above the median place (median 4,897)
Public schools12
530
above the median place (median 9)
All 18 schools and local life measures
MeasureCoral TerraceAmong 6,645 placesVs median
Public schools12County figure530above (median 9)
Public school students12County figure335,631above (median 4,897)
Students per teacher12County figure19.426% above
Restaurants and bars per 10k8County figure22.27% above
Shops per 10k8County figure39.530% above
Arts, recreation and fitness per 10k8County figure5.944% above
Doctors' offices and clinics per 10k8County figure33.867% above
Child care centers per 10k8County figure2.822% above
Parks per 10k94.457% below
Playgrounds per 10k92.474% below
Grocery stores per 10k91.624% below
Restaurants, cafes and bars per 10k95.253% below
Libraries per 10k90.0below (median 0.9)
Named paths and bike trails90.0below (median 2.0)
Transit stops per sq mi932.8above (median 0.2)
Nearest National Park Service site1018.640% below
National Park Service sites within 60 miles10350% above
National Register listings11County figure194above (median 13)
06

Safety, weather and risk

January average low is 58°F, 128% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Coral Terrace. Larger places are fetched first.

January average low13
58°F
128% above the median place
Average temperature13
76°F
39% above the median place
Hurricane risk14
100.0
41% above the median place
All 11 weather and risk measures
MeasureCoral TerraceAmong 6,645 placesVs median
July average high13County figure91°F5% above
January average low13County figure58°F128% above
Average temperature13County figure76°F39% above
Annual precipitation13County figure57.5 in31% above
Natural hazard risk14County figure99.68% above
Hurricane risk14County figure100.041% above
Tornado risk14County figure98.721% above
Wildfire risk14County figure96.858% above
Heat wave risk14County figure99.310% above
Median air quality index15County figure479% above
Good air days15County figure56.4%18% below
08

Coral Terrace in 2030: where the trends point

If recent trends hold, the median rent will take about 26% of the median income in 2030, about the same as 26% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases. On projected 2030 affordability, Coral Terrace does better than 10% of places. Its projected home value growth beats 82%.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$1,759/mo (2024)$2,240/mo$1,840 to $2,730/mo+4.1%
Median household income$80,353 (2024)$102,000$86,000 to $120,500+4.1%
Median home value$582,900 (2024)$858,000$623,000 to $1,182,000+6.7%

The median home would be worth 8.4 years of the median income in 2030, against 7.3 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Coral Terrace

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
North Auburn, CA$1,742$71,056Compare
Deschutes River Woods, OR$1,921$91,960Compare
Westchester, FL$1,819$72,262Compare
Gladstone, OR$1,740$91,250Compare
Gladstone, ORWestchester, FLDeschutes River Woods, ORNorth Auburn, CACoral Terrace, FLCoral TerraceNorth AuburnDeschutes River WoodsWestchesterGladstoneCoral TerraceNorth AuburnDeschutes River WoodsWestchesterGladstone

Places built like Coral Terrace

Its statistical peers: the closest matches on size, age, education, homeownership, household size, housing age, origin and remote work, in the same part of the country. Cost and outcomes are left out of the match, so the table shows how Coral Terrace performs against places like it.

PlaceRent to incomeIncome growthPop. change
Coral Terrace, FL26.3%5.1%/yrn/a
Westchester, FL30.2%5.3%/yrn/aCompare
North Miami Beach, FL33.2%7.6%/yr5.8%Compare
Westwood Lakes, FL34.5%10.8%/yrn/aCompare
San Gabriel, CA25.4%7.7%/yr-3.5%Compare
Temple City, CA24.5%5.9%/yr-3.7%Compare
South Miami Heights, FL29.4%8.5%/yrn/aCompare

Common questions

Is Coral Terrace a good place to live?

It depends on what you need, so here is what the numbers say. Its Citytistics Index is 19 out of 100, better than 19% of the places we rate and 294th of 474 in Florida. The median rent takes 26.3% of the median household's income, a bigger share than in 87% of the 2,301 places of 10,000 to 25,000 people we track. On cost, space and class size it scores 27 out of 100 for families. See how it ranks with your own weights.

Is Coral Terrace expensive to live in?

The median rent takes 26.3% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $582,900.

What salary do you need to live in Coral Terrace?

To rent the median home without spending more than 30% of income on rent, a household needs about $70,360 a year. Work it out from your current city.

What places are similar to Coral Terrace?

On income, rent, home value, education and age, the closest matches are North Auburn, CA, Deschutes River Woods, OR, Westchester, FL and Gladstone, OR.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  11. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  12. Common Core of Data · National Center for Education Statistics · 2024 release
  13. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  14. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  15. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Coral Terrace with places of a similar size, using only figures measured for Coral Terrace itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/coral-terrace-florida

Citytistics. “Coral Terrace, Florida.” Data as of 2026-11-14. https://www.citytistics.com/city/coral-terrace-florida/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.