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.
A relatively large number of people in Coral Gables telecommute to their jobs. Overall, about 22.25% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
Because there are quite a few people attending college in Coral Gables, it is thought of as a college town. To the benefit of the many students in the area, Coral Gables provides a number of services, amenities and opportunities geared towards their needs and activities.
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 very large population of people who are young, single, educated, and upwardly-mobile. That’s because Coral Gables is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Coral Gables a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.
One of the nice things about Coral Gables is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy 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.
In addition, Coral Gables has a lot of people living here who were born outside of the US (38.50%).
The most common language spoken in Coral Gables is Spanish. Other important languages spoken here include English and French.