Coral Terrace vs Palmetto Bay
Side-by-side comparison
How does Coral Terrace, FL compare to Palmetto Bay, FL? Coral Terrace has a population of 24,051 with a median household income of $77,396, while Palmetto Bay has 24,247 residents and a median income of $143,368. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Coral Terrace, FL | Palmetto Bay, FL | Difference |
|---|---|---|---|
| Population | 24,051 | 24,247 | -0.8% |
| Median Age | 45.8 | 41.6 | +10.1% |
| Foreign Born % | 63.6% | 30.2% | +110.6% |
| Metric | Coral Terrace | Palmetto Bay | Difference |
|---|---|---|---|
| Median Income | $77,396 | $143,368 | -46.0% |
| Unemployment | 3% | 3.4% | -11.8% |
| Poverty Rate | 12.1% | 6.4% | +89.1% |
| Bachelor's+ | 30.2% | 61.5% | -50.9% |
| Metric | Coral Terrace | Palmetto Bay | Difference |
|---|---|---|---|
| Home Value | $496,500 | $787,000 | -36.9% |
| Median Rent | $1707/mo | $1862/mo | -8.3% |
| Housing Units | 8,552 | 8,760 | -2.4% |