Coral Terrace, Florida: Basic Facts

The labor pool participation rate in Coral Terrace is 60.5%, with an unemployment rate of 2%. For those of you located in the labor pool, the average commute time is 29.4 minutes. 9.5% of Coral Terrace’s residents have a grad degree, and 19.2% have earned a bachelors degree. Among those without a college degree, 26.9% attended some college, 28.5% have a high school diploma, and only 15.9% possess an education lower than senior high school. 10.8% are not included in medical insurance.

The average household size in Coral Terrace, FL is 3.66 residentialThe average household size in Coral Terrace, FL is 3.66 residential members, with 67.2% owning their own domiciles. The average home appraisal is $335925. For individuals paying rent, they spend an average of $1487 monthly. 56.4% of homes have 2 sources of income, and a median household income of $62547. Average income is $26051. 14.3% of inhabitants live at or below the poverty line, and 12% are considered disabled. 1.7% of citizens are former members associated with the armed forces of the United States.

Coral Terrace, FL is situated in Miami-Dade county, and includes a population of 25387, and is part of the more Miami-Port St. Lucie-Fort Lauderdale, FL metro area. The median age is 44.9, with 9.3% of the population under 10 years old, 6.7% are between 10-19 years old, 12.7% of town residents in their 20’s, 14.6% in their 30's, 13% in their 40’s, 13.9% in their 50’s, 12.8% in their 60’s, 9.1% in their 70’s, and 8.1% age 80 or older. 48.7% of citizens are men, 51.3% female. 48.1% of inhabitants are reported as married married, with 17.2% divorced and 27.1% never wedded. The percent of residents confirmed as widowed is 7.6%.

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