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 is a medium-sized city located in the state of Florida. The city has a population of 25,529 inhabitants. In Coral Terrace, there are 7,600 people per square mile, which is well above the national population density average. According to the most recent Census, 79% of Coral Terrace residents are White, 1% Black and 1% Asian. 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. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Coral Terrace is the right fit for you, your one way commute time will average 28 minutes, which is about average when compared to the national commute time of 26 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in Coral Terrace, Florida could be a positive experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Coral Terrace, AreaVibes has created a livability score using key metrics like commute, education, housing and more.
Coral Terrace, FL receives 80 out of 100 for its livability score; this results in a ranking of #96 in Florida and #1,338 in the USA. This is a fantastic score, as Coral Terrace ranks well in multiple categories! Coral Terrace also ranks in the top 10 percent of all cities, which is no small feat! If we explore each of the categories on their own, we see that Coral Terrace ranks well for crime (B), employment (A-) and housing (B). There are some categories that Coral Terrace scores poorly for, including: amenities (D-) and cost of living (D). It might be worth taking a closer look to figure out why.
The Coral Terrace unemployment rate of 0.85% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Coral Terrace has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
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. Median real estate prices in Coral Terrace come in at $355,400, which is 113.1% 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 5.5, which is 61.8% higher than the Florida average.
| 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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