Coral Terrace

Population: 23,983Median home value: $272,400 73 Ranks better than 73% of areas
For Sale
For Rent

Find real estate listings

Find rental listings

A+ Coral Terrace Amenities Lots of amenities close to this location
F Coral Terrace Cost of Living Cost of living is 15% higher than Florida
Coral Terrace
11515% more expensive than the US average
991% less expensive than the US average
United States
100National cost of living index
Coral Terrace cost of living
B- Coral Terrace Crime Total crime is 25% lower than Florida
Total crime
2,19720% lower than the US average
Chance of being a victim
1 in 4620% lower than the US average
Year-over-year crime
-27%Year over year crime is down
Coral Terrace crime
D+ Coral Terrace Employment Household income is 3% higher than Florida
Median household income
$50,5169% lower than the US average
Income per capita
$25,76414% lower than the US average
Unemployment rate
5%4% higher than the US average
Coral Terrace employment
D- Coral Terrace Housing Home value is 63% higher than Florida
Median home value
$272,40047% higher than the US average
Median rent price
$1,20327% higher than the US average
Home ownership
70%9% higher than the US average
Coral Terrace real estate or Coral Terrace rentals
D Coral Terrace Schools HS graduation rate is 9% lower than Florida
High school grad. rates
75%9% lower than the US average
School test scores
48%3% lower than the US average
Student teacher ratio
n/aequal to the US average
Coral Terrace K-12 schools

Living in Coral Terrace, FL

Coral Terrace is a mid-sized city located in the state of Florida. The city has a population of 23,983 inhabitants. Coral Terrace has a population density of 7,139 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 (95% 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 84% of the population also speak Spanish.

Living in Coral Terrace can be a fulfilling experience for anyone moving to the town. Having said that, in the state of Florida, there are many amazing places to live, so choose wisely! Using the livability score which includes data from categories like weather, employment, housing, you can easily compare the best places to live in Coral Terrace and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Coral Terrace to Florida and the national average.

Coral Terrace has a livability score of 72 out of 100 and is ranked #478 in Florida and #7,786 in the USA. If we explore each of the categories individually, we see that Coral Terrace ranks well for amenities (A+) and weather (A). Coral Terrace does not do well for the following: cost of living (F), education (D) and housing (D-). It might be wise to take a closer look at each category to find out why.

Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Coral Terrace has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.

Coral Terrace real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Coral Terrace. Median real estate prices in Coral Terrace come in at $272,400, which is 63.3% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Coral Terrace, the home price to income ratio is 5.4, which is 58.8% higher than the Florida average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Coral Terrace area were 5.2% and 5 year appreciation rates were 12.6%.

Check Your Commute Time

Monthly costs include: fuel, maintenance, tires, insurance, license fees, taxes, depreciation, and financing.
See more Coral Terrace, FL transportation information

Compare Coral Terrace, FL Livability To Other Cities

Best Neighborhoods In & Around Coral Terrace, FL

PlaceLivability scoreScoreMilesPopulationPop.
Flagami, Miami803.159,021
Coral Way, Miami77559,189
Islands, Miami757.8112
West Flagler, Miami743.249,734
PlaceLivability scoreScoreMilesPopulationPop.
Little Havana, Miami735.856,682
North Coconut Grove, Miami73510,440
South Coconut Grove, Miami723.67,956
Allapattah, Miami705.748,321

Best Cities Near Coral Terrace, FL

PlaceLivability scoreScoreMilesPopulationPop.
Coconut Creek, FL8537.657,731
Bay Harbor Islands, FL8514.55,885
Cooper City, FL8520.934,364
Lazy Lake, FL843034
PlaceLivability scoreScoreMilesPopulationPop.
Davie, FL8323.198,717
Pembroke Pines, FL8218.1164,753
Sunny Isles Beach, FL8217.421,937
Plantation CDP, FL8226.34,995
See all Florida cities

How Do You Rate The Livability In Coral Terrace?

1. Select a livability score between 1-100
2. Select any tags that apply to this area View results

Coral Terrace Reviews

Write a review about Coral Terrace Tell people what you like or don't like about Coral Terrace…
Review Coral Terrace
Overall rating Rollover stars and click to rate
Rate local amenities Rollover bars and click to rate
Coral Terrace Is Amazing

I have lived in Coral Terrace twice, and I'm not afraid to tell you all about it. First when my family moved here from the Mediterranean, we traveled far and near in an attempt to find a stable, beautiful place to call home. I feel like that was the first time that I fell in love with a city.

Not many can appreciate the paving and general cleanliness of a town, but Coral Terrace excels in many levels. The crime rate is low and has held steady for many years. I know of quite a few teachers who tend to say their school is better than the other. Competition is what makes a people thrive.

After leaning towards the west coast for a few years, I ended up back in Coral Terrace. I'll tell you what the grocery stores along Main Street have many vegan options for those who that would apply to. I know that you will love this place after you see it with your own two eyes.
  • 0 0
Reason for reporting
Source: The Coral Terrace, FL data and statistics displayed above are derived from the 2016 United States Census Bureau American Community Survey (ACS).
Are you looking to buy or sell?
What style of home are you
What is your
When are you looking to
ASAP1-3 mos.3-6 mos.6-9 mos.1 yr+
Connect with top real estate agents
By submitting this form, you consent to receive text messages, emails, and/or calls (may be recorded; and may be direct, autodialed or use pre-recorded/artificial voices even if on the Do Not Call list) from AreaVibes or our partner real estate professionals and their network of service providers, about your inquiry or the home purchase/rental process. Messaging and/or data rates may apply. Consent is not a requirement or condition to receive real estate services. You hereby further confirm that checking this box creates an electronic signature with the same effect as a handwritten signature.