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Living in
Coral Gables.
About
Life in Coral Gables
Coral Gables offers a settled, stable living environment if you can afford the price of entry. The median home value sits around $1 million, and rent averages $2,373 monthly—this is a wealthy enclave, and the numbers reflect that reality. That said, the low unemployment rate of 3.1% and strong median household income of $134,216 suggest the economic foundation is solid, with major employers like the University of Miami and Baptist Hospital of Miami providing stable job opportunities.
Coral Gables at a Glance
Population, income, housing and more
Median Age
39.1 yrs
Poverty Rate
9.4%
Foreign-Born
37.7%
Broadband Internet
95.2%
of households
Population Growth
+0.7%
recent change · Census Bureau
Median household income
Demographics37.7% foreign-born, most often from Cuba
Who lives in Coral Gables: race and ethnicity, ages, households, languages and countries of origin
In Coral Gables, the largest foreign-born group is from Cuba (36.3%), and 51.6% of residents speak Spanish at home.
Under 18
17.2%
of residents
65 and Older
18.9%
of residents
Households with Kids
23.3%
anyone under 18
Living Alone
34.4%
of households
Married Couples
48.3%
of households
Avg Household Size
2.28
people
Race & Ethnicity
Hispanic or Latino of any race; other groups are non-Hispanic
Top countries of origin (foreign-born)
Languages Spoken at Home
Cost of Livingrent 42% above FL average
Rent, home values, and income in Coral Gables
In Coral Gables, rent runs 42% above the FL average, and home values are 204% above the FL average.
Median rent (per month)
Median home value
Rent Burdened
49.1%
spending 30%+ of income on rent
Severely Rent Burdened
26.7%
spending 50%+
Cost of Living Index
114.2
metro area (BEA) · US avg = 100
Median Property Tax
$9,124
per year, owner-occupied homes
Homeowners
64.5%
of occupied homes are owned
Typical Home Built
1969
median year built
Vacant Homes
12.8%
of housing units
Home Value Trend
Latest: $1,571,133 (September 2026)
Jobs & Economyunemployment 0.8 pts below FL average
Unemployment in Coral Gables and typical pay across the metro area
Unemployment in Coral Gables is 0.8 percentage points lower than the FL average.
Unemployment rate
City-level rate · BLS annual average
Unemployment Rate — 10 Year Trend
City-level (BLS) · Annual averages
What Coral Gables Residents Do for Work · share of employed residents by industry
City residents, wherever they work
Median Salary by Occupation · metro area
Miami-Fort Lauderdale-West Palm Beach, FL metro area
Commute23.8 min avg
How Coral Gables residents get to work, and the nearest airports
In Coral Gables, most residents drive alone to work (62%), and 66% get there in under 30 minutes.
How People Get to Work
Commute Time Distribution
Nearest airports · with airline service
- 5 mi
Miami International Airport (MIA)
Major hub26.5M passengers boarded in 2025
Straight-line distance. Size is the FAA’s hub category, based on passenger traffic: regional airports may have only a few flights a day.
Safetyviolent crime 81% below national average
Crime rates for 2025
Violent crime in Coral Gables runs 81% below the national average.
Violent Crime Rate
61.3
per 100,000 residents
Below average (329 national, 2025)
Property Crime Rate
999.3
per 100,000 residents
Below average (1,552 national, 2025)
Coral Gables Police Department
Natural DisastersFlood most common — 30 events in 2025
Natural hazard risk, storms and earthquakes
FEMA National Risk Index
Very High
99.6 / 100
Compares expected losses from natural hazards, social vulnerability and community resilience against every US county (higher = more risk).
Miami-Dade County, county-wide · FEMA NRI December 2025
In Miami-Dade County, which includes Coral Gables, the most common type is flood, with 30 recorded events in 2025.
Most common events:
Storm events by year
| Year | Events | Top Type | Property Damage |
|---|---|---|---|
| 2025 | 30 | Flood | $229,000 |
| 2024 | 28 | Flood | $3.9M |
| 2023 | 40 | Flood | $170,000 |
| 2022 | 30 | Flash Flood | $19,000 |
| 2021 | 25 | Flood | $1.5M |
| 2020 | 37 | Flood | $67,000 |
| 2019 | 41 | Flood | $355,000 |
| 2018 | 21 | Funnel Cloud | $21,000 |
Property damage is the National Weather Service's estimate filed with each event. “None reported” means the events were logged with $0 damage; “Not estimated” means no estimate was filed. Storms covering several counties aren't counted here, since NOAA doesn't split their damage by county.
0 earthquakes of magnitude 2.5+ within 100 miles in the past year
Miami-Dade County, county-wide
Coral Gables is about 2% of Miami-Dade County’s population, so county-wide figures may differ from local conditions.
Air Quality47 median AQI — Good
Days by air quality category (2025)
Air quality in Miami-Dade County, which includes Coral Gables, is typically good — 206 good-air days per year.
Median AQI
47
Good Days
206
per year
Moderate Days
158
per year
Unhealthy Days
0
per year
Miami-Dade County, county-wide
Coral Gables is about 2% of Miami-Dade County’s population, so county-wide figures may differ from local conditions.
Climate88°F summers, 65°F winters
30-year climate averages (1991–2020) — monthly temperatures and precipitation
Coral Gables has warm summers (avg high 88°F) and warm winters (avg low 65°F).
Spring (Mar–May)
81°/71°F
avg high / low
Summer (Jun–Aug)
88°/79°F
avg high / low
Fall (Sep–Nov)
84°/75°F
avg high / low
Winter (Dec–Feb)
76°/65°F
avg high / low
Annual Precipitation
51.0"
Annual Snowfall
0.0"
Hot Days/Year
29
days above 90°F
Freeze Days/Year
0
days below 32°F
Rainy Days/Year
117
Average month
Show month-by-month table ↓Hide table ↑
| Month | High | Low | Precip |
|---|---|---|---|
| Jan | 75°F | 64°F | 2.33" |
| Feb | 77°F | 66°F | 2.27" |
| Mar | 78°F | 68°F | 2.03" |
| Apr | 81°F | 72°F | 2.56" |
| May | 84°F | 75°F | 4.62" |
| Jun | 87°F | 77°F | 8.72" |
| Jul | 89°F | 80°F | 4.20" |
| Aug | 89°F | 79°F | 5.85" |
| Sep | 88°F | 78°F | 7.35" |
| Oct | 84°F | 76°F | 5.96" |
| Nov | 80°F | 71°F | 2.61" |
| Dec | 77°F | 66°F | 2.45" |
Healthcare1 hospital, avg 5.0/5
Hospitals, ratings, and health insurance in Coral Gables
Coral Gables has 1 hospital, averaging 5.0 out of 5 on CMS's quality rating — above-average care.
Hospitals
1
within city limits
Uninsured
4.5%
of residents
Avg Hospital Rating
5.0 / 5
Doctors Hospital
Acute Care Hospitals · ER available
Nearby hospitals · within 15 miles
South Miami Hospital
Acute Care Hospitals · ER available · 3.3 mi away · Miami
Larkin Community Hospital
Acute Care Hospitals · ER available · 3.4 mi away · South Miami
Coral Gables Hospital
Acute Care Hospitals · ER available · 3.9 mi away · Coral Gables
Adult Health · vs. the typical US place
Share of adults. Modeled estimates, not counted cases. “US” = the typical US place.
Medicare-certified hospitals only. Doesn’t include clinics, urgent care, or freestanding ERs.
Education19.7:1 student/teacher ratio
Schools and degree attainment in Coral Gables
Coral Gables's student/teacher ratio is 19.7:1 (higher than the national average of 16:1), and 73.6% of adults 25+ hold a bachelor's degree or higher.
Public Schools
8
within city limits
Private Schools
8
within city limits
College Degree Rate
73.6%
adults 25+ with bachelor's or higher
Student/Teacher Ratio
19.7:1
National avg 16:1
Schools located within city limits (2023) — school-level metrics change slowly year to year
Colleges & Universities in Coral Gables
Private nonprofit · 4-year · 12,913 students · in-state tuition $65,430 · 84% graduate · median earnings $84,093 (10 yrs after entry)
Nearby Colleges (within 15 miles)
Florida International University
9.5 mi awayPublic · 4-year · 39,508 students · in-state tuition $6,565 · 74% graduate · median earnings $65,722 (10 yrs after entry)
Florida National University-Main Campus
13.6 mi awayPrivate for-profit · 2-year · 2,449 students · in-state tuition $17,368 · 35% graduate · median earnings $38,806 (10 yrs after entry)
Private nonprofit · 4-year · 2,212 students · in-state tuition $35,600 · 44% graduate · median earnings $64,837 (10 yrs after entry)
Private for-profit · 4-year · 961 students · in-state tuition $24,008 · 55% graduate · median earnings $104,344 (10 yrs after entry)
New Professions Technical Institute
6.6 mi awayPrivate for-profit · 2-year · 514 students · 100% graduate · median earnings $32,575 (10 yrs after entry)
Private nonprofit · 2-year · 482 students · 93% graduate · median earnings $64,063 (10 yrs after entry)
Degree-granting colleges with 100+ students, placed by campus location (main campuses only — branch campuses are reported under their parent school)
Parks & Recreationclosest: Biscayne National Park, 13 mi
Nearby national parks, recreation areas and public libraries for Coral Gables
Coral Gables has 3 nearby national parks or recreation areas, closest being Biscayne National Park (13 mi away).
Nearby National Parks & Recreation Areas
Biscayne National Park
National Park
13 mi awayEverglades National Park
National Park
45 mi awayBig Cypress National Preserve
National Preserve
56 mi awayPublic Libraries in Coral Gables
Coral Gables Branch Library
3443 Segovia Street, Coral Gables
Cities Near Coral Gables
The closest cities within 60 miles
Planning a move to Coral Gables?
Read our full moving guide — what it's really like to live here.
Coral Gables FAQ
Is Coral Gables, Florida affordable?⌄
Coral Gables's median rent is $2,373/month, which is significantly above the national average. The median household income is $134,216/year. Median home value is $1,089,900.
Is Coral Gables, Florida safe?⌄
Coral Gables's violent crime rate was 61 per 100,000 residents in 2025, which is well below the national average — one of the safer cities in the country of 329/100k that year. Property crime rate is 999 per 100,000. As with any city, crime rates vary by neighborhood.
What is the job market like in Coral Gables, Florida?⌄
Coral Gables has an unemployment rate of 3.1%, which is solid, slightly below the national average of 4.3%.
What is the cost of living in Coral Gables, Florida?⌄
The cost of living in Coral Gables is primarily driven by housing. Median rent is $2,373/month and median household income is $134,216/year. The median home value is $1,089,900. About 49% of renters spend more than 30% of their income on housing.
How is the commute in Coral Gables, Florida?⌄
The average commute in Coral Gables is 24 minutes, which is about average compared to the national average of 26 minutes.
Data from the US Census Bureau, BLS, FBI, NOAA, EPA, Zillow Research and other public sources. Where our data comes from