Coral Gables is a larger medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 50,379 people and 17 associated neighborhoods, Coral Gables is the 68th largest community in Florida.
Coral Gables home prices are not only among the most expensive in Florida, but Coral Gables real estate also consistently ranks among the most expensive in America.
Also of interest is that Coral Gables has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 22.25% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Coral Gables is also a college town, where lots of students live while attending area colleges. Because of the high percentage of people living in Coral Gables enrolled in college, Coral Gables has a number of services, amenities and opportunities geared towards the needs and activities of students.
Not only is Coral Gables a city with many college students, but it also retains many recent graduates who are looking to start new careers, creating a decent-sized population of people who are young, single, educated, and upwardly-mobile. This makes it a good choice for other relocating single professionals. Here, these young singles will find many others like themselves, with opportunities for friendships, socializing, romance, and fun.
Coral Gables is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
Do you like to read, write and learn? If you move to Coral Gables, you'll likely find that many of your neighbors like to as well. Coral Gables is one of the more educated communities in America, with a full 71.88% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Coral Gables in 2022 was $82,686, which is wealthy relative to Florida and the nation. This equates to an annual income of $330,744 for a family of four. However, Coral Gables contains both very wealthy and poor people as well.
Coral Gables is an extremely ethnically-diverse city. The people who call Coral Gables home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Coral Gables, accounting for 56.39% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Coral Gables residents report their race to be White, followed by Black or African-American. Important ancestries of people in Coral Gables include German, Italian, English, Irish, and French.
Foreign born people are also an important part of Coral Gables's cultural character, accounting for 38.50% of the city’s population.
The most common language spoken in Coral Gables is Spanish. Other important languages spoken here include English and French.