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 49,700 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 92.52% 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 (20.53%), sales jobs (13.13%), and office and administrative support (10.00%).
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.
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.
Coral Gables, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.
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 have a 4-year college degree or graduate degree? If so, you may feel right at home in Coral Gables. 65.52% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Coral Gables in 2018 was $61,668, which is wealthy relative to Florida and the nation. This equates to an annual income of $246,672 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 58.87% 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 Italian, German, English, Irish, and French.
Coral Gables also has a high percentage of its population that was born in another country: 39.30%.
The most common language spoken in Coral Gables is Spanish. Other important languages spoken here include English and French.