Coral Terrace CDP, Miami-Dade County, Florida Population and Demographics

In this article, we'll explore the population statistics for Coral Terrace CDP, Florida, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in Coral Terrace CDP, Florida. The most basic data is the total population, which is the total number of people living in Coral Terrace CDP, Florida. The estimated population of Coral Terrace CDP, Florida is 25,869 people, with a median age of 44.6.

We can look at the total population in Coral Terrace CDP over the last 5 years to see how much it has changed.

Year Population Change 5-Year Change
2021
25,869
+1.33%
+4.64%
2020
25,529
+0.56%
-
2019
25,387
+0.61%
-
2018
25,234
+2.07%
-
2017
24,723
- -

Population of Coral Terrace CDP, Florida by Race and Ethnicity

We can also look at how the population has changed over the last 5 years by each of the race/ethnicity types as defined by the US Census Bureau.

Race 2021 2017 Change
White
8.4%
9.1%
-7.69%
Black/African American
0.6%
1.5%
-60.00%
Native
0%
0%
0.00%
Hispanic
88.9%
87.9%
+1.14%
Asian
1.2%
1.3%
-7.69%
Hawaiian/Pacific Islander
0%
0%
0.00%
Two Or More Races
0.5%
0.2%
+150.00%
Other
0.4%
0%
0.00%

This data can be very important for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of Coral Terrace CDP, Florida by Age and Gender

The age and gender of a population is another interesting demographic statistic because it lets us track trends in the population over time. For example, we can see how the population has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 44.6 -0.22% 44.2 +0.23% 45.2 -1.95%
2020 44.7 -0.45% 44.1 +1.38% 46.1 -2.74%
2019 44.9 +1.35% 43.5 +0.46% 47.4 +4.18%
2018 44.3 -0.67% 43.3 0% 45.5 -0.87%
2017 44.6 - 43.3 - 45.9 -

The median age of Coral Terrace CDP, Florida gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 860 +38.94% 1,135 +30.84% 1,225 1,487
10 to 19 823 +32.82% 1,017 +12.14% 1,110 1,119
20 to 29 1,710 -14.7% 1,626 -28.22% 1,456 1,209
30 to 39 1,763 +11.36% 1,573 +14.13% 1,959 1,784
40 to 49 1,928 +7.33% 1,635 -9.58% 2,051 1,469
50 to 59 1,647 +12.32% 1,882 -0.59% 1,844 1,862
60 to 69 1,440 +6.63% 1,739 -13.94% 1,508 1,504
70+ 1,638 +9.27% 2,307 +8.63% 1,772 2,510

Median Household Income

The latest median household income of Coral Terrace CDP, Florida is $67,942.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less. The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for Coral Terrace CDP.

  • Under 25
    $150,806.00
  • 25 to 44
    $69,566.00
  • 45 to 64
    $85,875.00
  • 65 and over
    $36,029.00

Average Household Income

Whenever we ask what is the average household income in Coral Terrace CDP, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in Coral Terrace CDP, and then dividing that number by the total number of households. This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of Coral Terrace CDP, Florida is currently $90,509.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

7.86% of households in Coral Terrace CDP are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of Coral Terrace CDP against other areas.

  • Less than $24,999
    19.18%
  • $25,000 to $49,999
    18.01%
  • $50,000 to $74,999
    20.91%
  • $75,000 to $99,999
    7.40%
  • $100,000 to $149,999
    17.54%
  • $150,000 to $199,999
    9.10%
  • $200,000 or more
    7.86%

Per Capita Income

The per capita income in Coral Terrace CDP is $30,054.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of Coral Terrace CDP by the total population of Coral Terrace CDP.

This is different from the average or mean income because it includes and accounts for all people in Coral Terrace CDP, Florida, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in Coral Terrace CDP to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    9.31%
  • Bachelor's degree
    32.88%
  • Some college or associate's degree
    5.21%
  • High school diploma or equivalent
    46.50%
  • Less than high school diploma
    6.10%

Employment

Employment rates are all based around the total population in Coral Terrace CDP that are over the age of 16.

The total population of Coral Terrace CDP over the age of 16 is 21,862.

Of those people, a total of 60.50% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in Coral Terrace CDP is 58.70%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate.

Age Population Participation Unemployment Rate
16 to 19 years 934 25.30% 15.30%
20 to 24 years 897 60.00% 0.00%
25 to 29 years 1,768 88.10% 0.00%
30 to 34 years 1,561 89.80% 7.90%
35 to 44 years 4,069 86.10% 4.60%
45 to 54 years 3,672 84.70% 1.40%
55 to 59 years 1,667 78.30% 0.90%
60 to 64 years 1,589 59.00% 3.10%
65 to 74 years 2,621 18.50% 0.00%
75 years and over 3,084 5.20% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in Coral Terrace CDP. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau.

Age Population Participation Unemployment Rate
White 14,188 59.30% 1.70%
Black or African American 194 39.70% 0.00%
American Indian and Alaska Native 10 0.00% 0.00%
Asian 279 63.10% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 828 27.50% 0.00%
Two or more races 6,363 68.20% 5.60%
Hispanic or Latino 19,512 60.40% 3.20%
Not Hispanic or Latino 1,829 62.90% 1.10%

Occupations

In this section we can look at the most common occupations in Coral Terrace CDP as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in Coral Terrace CDP is 12,843, with median earnings of $35,120.00.

Women in Coral Terrace CDP, Florida earning approximately 95.50% of the men's earnings.

Population Earnings
Total 12,843 $35,120.00
Male 7,043 $35,865.00
Female 5,800 $34,238.00

Occupations by Category

In the table below, we can break down the population and earnings even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 1,472 $84,375.00
Business and Financial 441 $61,951.00
Computer and Mathematical 235 $43,574.00
Architecture and Engineering 148 $80,278.00
Life, Physical, and Social Science 12 $0.00
Community and Social Service 125 $31,161.00
Legal 497 $58,866.00
Educational and Library 393 $43,456.00
Arts, Design, Entertainment, Sports, and Media 349 $30,046.00
Healthcare Practitioners 912 $39,672.00
Healthcare Support 321 $25,456.00
Firefighters and Protective Service 179 $28,750.00
Law Enforcement 126 $79,389.00
Food Preparation and Serving 391 $23,240.00
Building and Grounds Cleaning 674 $20,855.00
Personal Care and Service 392 $19,610.00
Sales 1,505 $35,846.00
Office and Administrative Support 1,473 $32,796.00
Farming, Fishing, and Forestry 0 $0.00
Construction and Extraction 1,260 $38,426.00
Installation, Maintenance, and Repair 488 $29,350.00
Production 403 $30,480.00
Transportation and Material Moving 714 $29,485.00

Occupations by Gender

The table below shows the same occupations from the list above, but we have split them by male and female to see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 791 $94,625.00 681 $83,171.00
Business and Financial 148 $60,530.00 293 $91,406.00
Computer and Mathematical 202 $42,993.00 33 $0.00
Architecture and Engineering 100 $64,423.00 48 $0.00
Life, Physical, and Social Science 12 $0.00 0 $0.00
Community and Social Service 58 $32,143.00 67 $17,147.00
Legal 143 $33,682.00 354 $63,094.00
Educational and Library 172 $38,205.00 221 $53,417.00
Arts, Design, Entertainment, Sports, and Media 145 $43,641.00 204 $21,773.00
Healthcare Practitioners 215 $49,716.00 697 $37,745.00
Healthcare Support 0 $0.00 321 $25,456.00
Firefighters and Protective Service 68 $24,286.00 111 $31,450.00
Law Enforcement 116 $79,111.00 10 $0.00
Food Preparation and Serving 168 $26,111.00 223 $23,036.00
Building and Grounds Cleaning 337 $30,950.00 337 $15,371.00
Personal Care and Service 291 $19,586.00 101 $20,268.00
Sales 671 $35,750.00 834 $36,111.00
Office and Administrative Support 490 $32,656.00 983 $32,961.00
Farming, Fishing, and Forestry 0 $0.00 0 $0.00
Construction and Extraction 1,254 $38,406.00 6 $0.00
Installation, Maintenance, and Repair 461 $29,825.00 27 $0.00
Production 197 $33,047.00 206 $30,402.00
Transportation and Material Moving 686 $28,971.00 28 $0.00

Households and Family Size

A household defined bu the US Census Bureau is a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 7,947 households in Coral Terrace CDP, with an average household size of 3.21 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 6,389 families in Coral Terrace CDP with an average family size of 3.37 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each.

Married Male Female Nonfamily
Total Households 3,961 599 1,829 1,558
Average Household Size 3.67 3.26 3.59 1.58
Total Families 3,961 599 1,829 0
Average Household Size 3.52 2.75 3.22 0

Poverty

Of the 6,389 families in Coral Terrace CDP, 8.70% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in Coral Terrace CDP:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 8,343 housing units in Coral Terrace CDP, Florida.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 7,947 95.25%
Vacant 396 4.75%

34.00% of the total 8,343 housing units in Coral Terrace CDP are rental units. This is approximately 2,837 properties.

For owner-occupied housing units, a total of 4,972 are occupied by the owner - or 59.59% of the total.

Rental Rates

The median rent for a property in Coral Terrace CDP is $1,525.00.

In the chart below, we can look at the number of rental properties in Coral Terrace CDP that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    138
  • Less than $500
    31
  • $500 to $999
    405
  • $1,000 to $1,499
    943
  • $1,500 to $1,999
    786
  • $2,000 to $2,499
    437
  • $2,500 to $2,999
    131
  • $3,000 or more
    104

Property Value

The median value of a property in Coral Terrace CDP is $390,400.00.

Just like with rental rates, we can look at the number of properties in Coral Terrace CDP that fall into a particular value range.

  • Less than $50,000
    28
  • $50,000 to $99,999
    70
  • $100,000 to $149,999
    18
  • $150,000 to $199,999
    133
  • $200,000 to $299,999
    857
  • $300,000 to $499,999
    2,865
  • $500,000 to $999,999
    968
  • $1,000,000 or more
    33

Property Age

We can also look at the age of properties in Coral Terrace CDP. The chart below shows the number of properties in Coral Terrace CDP that fall into a particular age range.

  • 1939 or earlier
    218
  • 1940 to 1949
    1,571
  • 1950 to 1959
    3,686
  • 1960 to 1969
    770
  • 1970 to 1979
    980
  • 1980 to 1989
    635
  • 1990 to 1999
    199
  • 2000 to 2009
    188
  • 2010 to 2013
    96
  • 2014 or later
    0

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in Coral Terrace CDP that have a particular number of vehicles available.

  • No vehicles available
    481
  • 1 vehicle available
    2,248
  • 2 vehicles available
    3,159
  • 3 or more vehicles available
    2,059

Commuting to Work

In this section, we can also look at how people in Coral Terrace CDP get to work. The chart below shows the number of people in Coral Terrace CDP that commute to work in a particular way.

26.7 minutes is the average travel time to work for people in Coral Terrace CDP.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    152
  • 5 to 9 minutes
    368
  • 10 to 14 minutes
    890
  • 15 to 19 minutes
    2,139
  • 20 to 24 minutes
    1,930
  • 25 to 29 minutes
    624
  • 30 to 34 minutes
    2,179
  • 35 to 39 minutes
    570
  • 40 to 44 minutes
    515
  • 45 to 59 minutes
    720
  • 60 to 89 minutes
    754
  • 90 or more minutes
    71

Summary

We've covered a LOT of demographic and population data for Coral Terrace CDP, Florida in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.