Coral Gables, Florida Demographics & Population 2026
During the 2020–2024 ACS period, Coral Gables, Florida had a total population of 49,802, the 80th largest city in Florida, with a median household income of $134,216, which is 80% higher than the state average. The poverty rate is 9.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 80% above the state average — one of the wealthiest communities in Florida.
- 73.6% of adults hold a bachelor's degree or higher — top 10% in Florida.
- Housing affordability is a challenge — homes cost 8.1x the median household income.
Coral Gables Quick Facts
How Coral Gables Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 49,243 | 49,802 | +1.1% |
| Median household income | $130,803 | $134,216 | +2.6% |
| Median home value | $1,007,500 | $1,089,900 | +8.2% |
How Coral Gables Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Coral Gables Rankings in Florida
Explore Florida Rankings
Other Cities in Miami-Dade County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Miami | 459,745 | $62,462 | 19.4% | $518,100 |
| Hialeah | 226,165 | $55,594 | 17.0% | $392,000 |
| Miami Gardens | 113,177 | $63,627 | 13.6% | $378,500 |
| Homestead | 82,807 | $65,423 | 18.4% | $380,000 |
| Miami Beach | 82,031 | $72,856 | 14.4% | $556,700 |
| Kendall | 79,562 | $87,325 | 11.2% | $567,900 |
| Doral | 79,216 | $94,164 | 10.3% | $562,800 |
| North Miami | 60,344 | $57,188 | 18.9% | $365,000 |
| The Hammocks | 58,838 | $85,628 | 12.1% | $468,100 |
| Fountainebleau | 55,665 | $64,908 | 12.7% | $320,200 |
Cities Similar to Coral Gables
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Winter Garden | 47,872 | $106,495 | $476,000 | 46.1% | 9.8% |
| Ocoee | 49,033 | $98,911 | $406,400 | 32.5% | 10.3% |
| Lakewood Ranch | 43,945 | $122,925 | $678,200 | 60.6% | 7.4% |
| Tamiami | 49,752 | $78,353 | $482,100 | 35.7% | 11.6% |
| Oviedo | 40,599 | $117,070 | $454,000 | 55.5% | 5.3% |
Population Overview
Coral Gables is a mid-sized community located in Florida, within Miami-Dade County. The total population is 49,802. It ranks as the 80th most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Coral Gables is 39.1 years. This is 8% lower than the state median of 42.6 years.
Economy, Income & Housing
The median household income in Coral Gables is $134,216. This is 80% higher than the state median of $74,568. It is also 66% higher than the national median of $80,734. The poverty rate stands at 9.4%. This is 25% lower than the state poverty rate of 12.6%. The unemployment rate is 3.6%. This is 26% lower than the state rate of 4.8%. The median home value is $1,089,900. Housing costs are 204% higher than the state median of $359,000. The home-value-to-income ratio of 8.1x suggests that housing affordability is a significant concern for many residents. 64.5% of occupied housing units are owner-occupied. This homeownership rate is 5% lower than the state average of 67.6%.
Race & Ethnicity
The largest racial or ethnic group in Coral Gables is Hispanic or Latino, making up 56.6% of the population. White (non-Hispanic) residents account for 32.3%. The Black or African American population (3.7%) is well below the state average of 14.6%. The Hispanic or Latino population is significantly higher than the state average (56.6% vs 27.4%).
Education
73.6% of residents aged 25 and older hold a bachelor's degree or higher. This places Coral Gables in the top 10% of all cities in the state for educational attainment. This is 116% higher than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.9%. Notably, 41.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Coral Gables, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Coral Gables, Florida?
Coral Gables, Florida has a population of 49,802 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Coral Gables, FL?
The median household income in Coral Gables is $134,216, which is 66% higher than the national median of $80,734.
What is the poverty rate in Coral Gables, FL?
The poverty rate in Coral Gables is 9.4%. This means approximately 4,114 residents live below the federal poverty line.
What is the racial makeup of Coral Gables, Florida?
Coral Gables's population is 32.3% White, 3.7% Black, 56.6% Hispanic/Latino, and 3.1% Asian.
What is the median home value in Coral Gables, FL?
The median home value in Coral Gables is $1,089,900. The home-value-to-income ratio is 8.1x.
How educated is Coral Gables, Florida?
73.6% of adults (25+) in Coral Gables hold a bachelor's degree or higher, and 41.5% hold a graduate or professional degree.