Coral Terrace CDP, Florida Demographics & Population 2026

Population Overview

Coral Terrace CDP is a small city located in Florida. The total population is 24,051. It ranks as the 180th most populous out of 953 cities and towns in Florida.

Age Demographics

The median age in Coral Terrace CDP is 45.8 years. This is 8% higher than the state median of 42.6 years. 11.6% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Coral Terrace CDP is $77,396. This is 8% higher than the state median of $71,711. Compared to the national median of $78,538, household income here is 1% lower. The poverty rate stands at 12.1%. This is 4% lower than the state poverty rate of 12.6%. The unemployment rate is 3.0%. This is 37% lower than the state rate of 4.8%. The median home value is $496,500. Housing costs are 53% higher than the state median of $325,000. The home-value-to-income ratio of 6.4x suggests that housing affordability is a significant concern for many residents. 61.5% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 67.3%.

Race & Ethnicity

Coral Terrace CDP has a predominantly Hispanic or Latino population, comprising 90.1% of all residents. White (non-Hispanic) residents account for 7.2%. The White (non-Hispanic) population (7.2%) is well below the state average of 51.4%. The Black or African American population (0.6%) is well below the state average of 14.8%. The Hispanic or Latino population is significantly higher than the state average (90.1% vs 26.8%). The Asian population (0.8%) is well below the state average of 2.8%.

Education

30.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 9% lower 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 83.7%.

Data Sources & Methodology

All demographic data for Coral Terrace CDP, 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.