Coral Gables is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 51,095 people and 13 constituent neighborhoods, Coral Gables is the 62nd 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.
Coral Gables is a decidedly white-collar city, with fully 93.85% of the workforce employed in white-collar jobs, well above the national average. Overall, Coral Gables is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Coral Gables who work in management occupations (19.04%), sales jobs (13.10%), and office and administrative support (10.32%).
Of important note, Coral Gables is also a city of artists. Coral Gables has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Coral Gables’s character.
Telecommuters are a relatively large percentage of the workforce: 8.15% 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.
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 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.
Although the majority of commuting trips in the city are by private automobile, Coral Gables is somewhat unusual for a city of its size for having a substantial number of people who use public transportation. For a lot of people, the bus helps to get to and from their jobs every morning, which benefits everyone in the Coral Gables area by reducing both traffic and air pollution.
If knowledge is power, Coral Gables is a pretty powerful place. 62.68% of the adults in Coral Gables have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Coral Gables in 2010 was $61,063, which is wealthy relative to Florida and the nation. This equates to an annual income of $244,252 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 58.40% 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 38.46% of the city’s population.
The most common language spoken in Coral Gables is Spanish. Other important languages spoken here include English and French.