Coral Gables city, Florida Demographics & Population 2026

Population Overview

Coral Gables city is a mid-sized community located in Florida. The total population is 49,243. It ranks as the 81st most populous out of 953 cities and towns in Florida.

Age Demographics

The median age in Coral Gables city is 39.0 years. This is 8% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Coral Gables city is $130,803. This is 82% higher than the state median of $71,711. Compared to the national median of $78,538, household income here is 67% higher. The poverty rate stands at 9.1%. This is 28% lower than the state poverty rate of 12.6%. The unemployment rate is 3.5%. This is 27% lower than the state rate of 4.8%. The median home value is $1,007,500. Housing costs are 210% higher than the state median of $325,000. The home-value-to-income ratio of 7.7x suggests that housing affordability is a significant concern for many residents. 63.9% of occupied housing units are owner-occupied. This homeownership rate is 5% lower than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Coral Gables city is Hispanic or Latino, making up 56.4% of the population. White (non-Hispanic) residents account for 33.2%. The Black or African American population (3.5%) is well below the state average of 14.8%. The Hispanic or Latino population is significantly higher than the state average (56.4% vs 26.8%).

Education

71.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Coral Gables city in the top 10% of all cities in the state for educational attainment. This is 116% higher than the state rate of 33.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.1%. Notably, 38.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Coral Gables city, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 953 Census-designated places in Florida. For official data, visit data.census.gov.