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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.15% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
In addition, Coral Gables is a college town. There are a lot of students in Coral Gables attending college, and as a result Coral Gables provides a number of services, amenities and opportunities geared to 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, shaping the character of the city into a place that is geared toward, and considered attractive to, many single, educated people. Many singles consider Coral Gables a good place to live without being in a really big city, with opportunities for friendships and fun with others like themselves.
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.
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.
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 62.68% 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 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.