Commute
High commute scores indicates that public transit should be easily accessible in this area and the average commute time to work is less than average.
Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Health & Safety
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Cost Of Living
Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.
Coral Terrace, Florida is a medium-sized city with a population of 26,129 residents. Coral Terrace has a population density of 7,778 people per square mile. This would be considered well above the national population density level. If we take a look at the last Census, the vast majority of the population falls within one racial group (79% White). Given that fact, Coral Terrace could be considered less diverse than other cities. Additionally, more than a quarter of the population of Coral Terrace are of Hispanic or Latino origin, and 87% of the population also speak Spanish. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Coral Terrace, your commute time will align closely with the national average, spanning a one-way duration of approximately 28 minutes.
Are you trying to decide if living in Coral Terrace is the right fit for your lifestyle? To ensure a positive experience before relocating to any new city in Florida, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. The best areas in Coral Terrace and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, commute, health & safety, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Florida and national averages.
Using data and statistics Coral Terrace has received a livability score of 80 out of 100. This score is ranked in the 95th percentile when compared to all other cities. Based on this score, Coral Terrace would be considered a very livable city! Coral Terrace has also earned the rare honor of ranking in the top 10 percentile among all cities. If we take a closer look at each of the categories individually, we see that Coral Terrace ranks well for crime (A-), employment (A-) and housing (A-). On a more negative note, Coral Terrace does not have favorable scores for the following: amenities (D-) and cost of living (F). If we take a look at the data, we can find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Coral Terrace, the unemployment rate stands at 0.9%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Coral Terrace excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Coral Terrace is actually affordable. The median home price for Coral Terrace homes is $644,532, which is 115.1% higher than the Florida average. If we take a closer look at the affordability of homes in Coral Terrace, we’ll see that the home price to income ratio is 6.8, which is 61.9% higher than the Florida average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Coral Terrace | Florida | National |
| Average one way commute | 28min | 27min | 26min |
| Workers who drive to work | 78.5% | 79.5% | 76.4% |
| Workers who carpool | 8.0% | 9.3% | 9.3% |
| Workers who take public transit | 1.3% | 2.1% | 5.1% |
| Workers who bicycle | 0.2% | 0.7% | 0.6% |
| Workers who walk | 0.5% | 1.5% | 2.8% |
| Working from home | 9.6% | 5.4% | 4.6% |
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