Moving to
Coral Terrace.

All Coral Terrace data Compare Coral Terrace

24,895people live here $80,353median household incomeNear US average $1,759median rent per month▲ 24% above US $582,900median home value▲ 75% above US

Coral Terrace is an unincorporated community in Miami-Dade County, FL. It has no city government: the county runs it, and the Census counts it as its own place.

What it's like to live in Coral Terrace

Coral Terrace is an unincorporated community in Florida with county unemployment below the national average and schools with class sizes near the national average. Those factors carry real weight for anyone weighing where to move next.

The tradeoffs are worth naming plainly. Coral Terrace deals with rent well above the national average, home prices well above the national average, air quality that falls short of national benchmarks, and a population that has been shrinking.

The good

Low unemployment in the county
Average class sizes

The not so good

Rent well above the national average
High home prices
Air quality concerns
Shrinking population
Below-average hospital ratings
High rent burden for renters

How Coral Terrace compares

Median household income

Coral Terrace$80,353

Florida avg$74,568

US$80,734

Median rent (per month)

Coral Terrace$1,759

Florida avg$1,669

US$1,413

Median home value

Coral Terrace$582,900

Florida avg$359,000

US$332,700

What it takes to move to Coral Terrace

Based on Coral Terrace's median rent, home value and household income

To rent

$3,518

up front: first month plus a typical one-month deposit

Income to keep rent under 30%: $70,360 a year
52% of Coral Terrace renters spend 30% or more of their income on rent

To buy

$116,580

a 20% down payment on the median home

With 10% down: $58,290
Homes cost 7.3× the typical local household income (US: 4.1×)

Moving costs, closing costs and taxes not included.

The details

Cost of living▲ 24% above US

$1,759/mo median rent

Rent runs on the higher side, at $1,759 a month median. Whether that premium makes sense usually comes down to the local job market and what it pays. Home prices are steep, with a median around $582,900. Renting first to get a feel for the city before buying is often the more practical route.

Median home value $582,900 · 52% of renters cost-burdened

Job market

2.7% county unemployment

Unemployment in Miami-Dade County is 2.7%, well below the national average of 4.3%. That's the county-wide rate; BLS doesn't measure a place this size on its own.

Miami-Dade County (county-wide)

Safety

336 violent crimes per 100k, whole jurisdiction

Coral Terrace doesn't have its own police department, so there's no crime rate for it alone. The figures shown are for the Miami-Dade County Police Department jurisdiction as a whole, which runs close to the national average for violent crime and covers many communities. Individual neighborhoods can differ a lot from that overall rate.

Property crime 1810/100k · Policed by Miami-Dade County Police Department (county-wide rate) · 2025 data

Getting aroundNear US average

26 min average commute

Commutes run about average, at 25.5 minutes. Fine day to day, but it adds up over a year, and where someone lives relative to where they work starts to matter. 8 in 10 workers drive to work; 16% work from home.

How workers get to work

Drive alone

71%

Work from home

16%

Carpool

8.2%

Other

2.7%

Public transit

1.0%

Walk

0.9%

Climate

Summers are warm, with highs around 88°F, and winters are mild, with lows rarely dropping below 65°F. Rainfall is regular throughout the year.

Average month

High °FLow °FPrecip (in)

30-year averages, 1991–2020

Healthcare

2 hospitals

There are 2 Medicare-certified hospitals inside city limits. They average 2.0 out of 5 on Medicare's star rating.

Medicare-certified hospitals

Education & workforce▼ 18% below US

29% bachelor's degree or higher

College degree attainment runs below average at 29%. That tends to reflect a more trade and working-class economy, which can be great or limiting depending on the industry.

Schools

4 public schools inside the boundary

There are 4 public schools inside the boundary and 5 private schools. The student-to-teacher ratio is 16:1, close to the national average of 16:1.

Parks & recreation

The nearest national park or historic site is Biscayne National Park (19 miles away). There are 3 national parks and sites within a day's drive.

Bottom line

Coral Terrace's strongest point is county unemployment below the national average; the main tradeoffs are rent well above the national average and home prices well above the national average. A year of median rent ($1,759/mo) equals 26% of the median household income here, more than the 21% typical nationwide. It tends to suit job seekers (county-wide unemployment is low) and remote workers (16% of workers here already work from home).

See all the data for Coral Terrace →·All Florida cities →