Coral Terrace employment information

IndexCoral TerraceFloridaNational
Income per capita$25,764$27,598$29,829
Median household income$50,516$48,900$55,322
Median income owner occupied$60,660$59,209$70,586
Median income renter occupied$35,282$34,622$35,192
Median earnings male$28,855$31,444$36,919
Median earnings female$27,300$25,332$26,250
Unemployment rate4.8%4.9%4.7%
Poverty level14.5%16.1%15.1%
The Coral Terrace, FL employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Coral Terrace is $25,764, which is 7% lower than than the Florida average and 14% lower than than the national average. The median household income is $50,516, which is 3% higher than than the Florida average and 9% lower than than the national average. The unemployment rate in Coral Terrace is 5%, which is 4% higher than than the national average. The poverty rate in Coral Terrace is 15% which is 4% lower than than the national average.

am i middle class

$Input your household income
$33,673$50,516$101,032
City
$32,596$48,900$97,800
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Coral Terrace is 14% lower than the national average.
  • The median household income in Coral Terrace is 9% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Coral Terrace is 4% higher than the national average.
  • The poverty level in Coral Terrace is 4% lower than the national average.

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Compare Coral Terrace, FL Employment To Other Cities

Employment status

Hours worked per week

Coral Terrace median earnings by income bracket

Coral Terrace employment by industry

Labour TypeMaleFemale
Construction industry18.4%2.0%
Manufacturing sector5.9%0.0%
Financial & insurance services2.6%6.0%
Wholesale & retail services14.3%16.3%
Public administration6.5%5.1%
Transportation, warehousing & utilities10.3%5.9%
Education, health & social services11.4%35.8%
Other29.5%24.7%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Golden Beach, FL635$150,938173%
Pinecrest, FL19,272$130,900137%
Key Biscayne, FL12,935$124,504125%
Palmetto Bay, FL24,522$105,31690%
Miami Shores, FL10,772$101,04783%
Coral Terrace, FL23,983$50,5169%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Peekskill, NY23,977$55,4530%
Somerset, NJ23,989$89,38962%
Searcy, AR23,969$39,31329%
Rock Springs, WY23,967$71,04428%
Carteret, NJ23,966$67,77623%
Coral Terrace, FL23,983$50,5169%
Source: The Coral Terrace, FL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).