Coral Terrace, Florida Population

Coral Terrace, Florida has a population of 24,000, with a median household income of $111,114.

Current population data for Coral Terrace.

24,000

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Population

24,000

💰

Median Income

$111,114

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Unemployment

5.40%

🏠

Housing Price

$555,552

🚨

Crime Rate

3.40

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Internet Speed

230.00 Mbps

Coral Terrace is a small local community located in Florida. The city has a population that is above the average city population in Florida, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Coral Terrace, located in Florida, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Coral Terrace has a population of 24,000, which is higher than the state average. This indicates a relatively larger urban presence within Florida.

Income and Economy

The median household income in Coral Terrace is $111,114, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Coral Terrace average around $555,552, which is relatively high compared to other cities in Florida.

Employment and Safety

The unemployment rate in Coral Terrace is 5.40%, slightly above the state average, suggesting moderate employment conditions. Coral Terrace has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Florida, Coral Terrace shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Florida, Coral Terrace contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Coral Terrace

What is the population of Coral Terrace?

The population of Coral Terrace is approximately 24,000.

Is Coral Terrace a good place to live?

Coral Terrace offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Coral Terrace?

The median household income in Coral Terrace is around $111,114.

How expensive is housing in Coral Terrace?

The average housing price in Coral Terrace is approximately $555,552.