Median Income
$72,999
household / year
Median Home Value
$448,100
owner-occupied
Median Rent
$1,671
gross / month
Cost of Living
112
national avg = 100

Is Coral Terrace, FL a Good Place to Live?

Coral Terrace is a small city of 24,597 in Florida, with a median household income of $72,999 and a 2.7% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: Coral Terrace stands out for solid school ratings (B-).

Trade-offs: Potential downsides include an above-average cost of living, high home prices. Whether Coral Terrace is right for you depends on your priorities — the full breakdown is below.

All Coral Terrace city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 111.8

Coral Terrace's overall cost of living index is 111.8, where 100 represents the US national average. Living in Coral Terrace costs roughly 12% more than the average American city.

Metric Coral Terrace, FL National Avg
Median Home Value $448,100 $244,900
Median Monthly Rent $1,671 $1,163
Homeownership Rate 62.8% 65.9%
Median Household Income $72,999 $74,755

Crime & Safety

Very Safe

Coral Terrace's violent crime rate is 129.6 per 100,000 residents — 66% lower than the national average of ~380 per 100,000.

Violent Crime
129.6 /100k
Property Crime
866.0 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Coral Terrace is served primarily by MIAMI-DADE. The student-to-teacher ratio is 19.4:1 (slightly above the national average of ~16:1).

Metric Coral Terrace, FL National Avg
School District MIAMI-DADE
Elementary Schools 288
Middle Schools 77
High Schools 130
Student/Teacher Ratio 19.4:1 16:1
Bachelor's Degree or Higher 29.1% 35.4%
High School Diploma or Higher 83.9% 91.1%

Weather & Climate

Coral Terrace sees average highs of 74.5°F in January and 88.6°F in July, with 66.0 inches of annual precipitation .

MetricCoral Terrace, FL
Average High — January74.5°F
Average High — July88.6°F
Annual Precipitation66.0"
Annual SnowfallTrace / None

Demographics

MetricCoral Terrace, FLNational Avg
Population24,597
Median Age44.738.9
Unemployment Rate2.7%3.7%
Avg Commute Time26.8 min26 min
White (non-Hispanic)48.6%59.3%
Black or African American0.9%13.6%
Hispanic or Latino48.6%18.9%
Asian1.1%6.3%
Under 1817.0%22.2%
65 and over22.8%16.8%

Nearby Cities

ZIP Codes in Coral Terrace

Coral Terrace, FL is covered by 1 ZIP code:

Coral Terrace vs Other Cities

Frequently Asked Questions

Coral Terrace's cost of living index is 112, where 100 is the national average. That puts Coral Terrace roughly 12% above the national average in cost. The median home price is $448,100 and median rent is $1,671/month.
Coral Terrace's violent crime rate is 129.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 866.0 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Coral Terrace are operated by MIAMI-DADE. The district has 288 elementary, 77 middle, and 130 high schools. The student-to-teacher ratio is 19.4:1. 29.1% of adults 25+ hold a bachelor's degree or higher.
Coral Terrace, FL has a population of 24,597, a median household income of $72,999, and an unemployment rate of 2.7%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Coral Terrace averages 74.5°F in January and 88.6°F in July. Annual rainfall is 66.0 inches . Based on NOAA 30-year climate normals (1991–2020).
Coral Terrace, FL is covered by 1 ZIP code: 33155.
The population of Coral Terrace, Florida is 24,597 with a median age of 44.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Coral Terrace: cost of living index 112 (100 = US average), median home $448,100, median household income $72,999, crime index 37 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Coral Terrace side by side with your current city to see the trade-offs.