Coral Gables, FL Profile: Facts & Data

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Coral Gables, Florida - Basic Facts

The City of Coral Gables had a population of 51,113 as of July 1, 2019. Coral Gables ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Coral Gables is located at latitude 25.7215 and longitude -80.2684 in Miami-Dade County. The formal boundaries for the City of Coral Gables encompass a land area of 12.93 sq. miles and a water area of 24.39 sq. miles. Miami-Dade County is in the Eastern time zone (GMT -5). The elevation is 10 feet.

The City of Coral Gables (GNIS ID: 2404126) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Coral Gables is located within Miami CCD of Miami-Dade County.


Jump to... (On This Page!)
  1. Coral Gables 2019 Demographic Data
  2. Growth Rates for Coral Gables (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Coral Gables, FL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Coral Gables, FL Housing Affordability Index is 70
State of Florida Housing Affordability Index is 113
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Coral Gables, FL Wealth Index is 213
State of Florida Wealth Index is 94
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Florida COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 51,113
Population in Households 46,535
Population in Families 35,962
Population in Group Qrtrs 4,578
Population Density 3,954
Diversity Index1 56
 

INCOME

Median Household Income $102,716
Average Household Income $158,089
Per Capita Income $60,476
Wealth Index3 213

HOUSING

Total Housing Units 21,695 (100%)
Owner Occupied HU 11,195 (51.6%)
Renter Occupied HU 8,324 (38.4%)
Vacant Housing Units 2,175 (10.0%)
Median Home Value $734,305
Housing Affordability Index2 70
 

HOUSEHOLDS

Total Households 19,520
Average Household Size 2.38
Family Households 12,128
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.96% 1.17%
Households 0.92% 1.2%
Families 0.88% 1.15%
Median Household Income   1.42%
Per Capita Income   1.43%

Coral Gables, FL - Peer Comparisons by Rank and Percentile

The table below compares Coral Gables to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 76 92nd
Population Density # 177 81st
Diversity Index # 345 62nd
Median Household Income # 41 96th
Per Capita Income # 53 94th

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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