Palmetto Bay vs Coral Terrace
Side-by-side comparison
How does Palmetto Bay, FL compare to Coral Terrace, FL? Palmetto Bay has a population of 24,247 with a median household income of $143,368, while Coral Terrace has 24,051 residents and a median income of $77,396. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Palmetto Bay, FL | Coral Terrace, FL | Difference |
|---|---|---|---|
| Population | 24,247 | 24,051 | +0.8% |
| Median Age | 41.6 | 45.8 | -9.2% |
| Foreign Born % | 30.2% | 63.6% | -52.5% |
| Metric | Palmetto Bay | Coral Terrace | Difference |
|---|---|---|---|
| Median Income | $143,368 | $77,396 | +85.2% |
| Unemployment | 3.4% | 3% | +13.3% |
| Poverty Rate | 6.4% | 12.1% | -47.1% |
| Bachelor's+ | 61.5% | 30.2% | +103.6% |
| Metric | Palmetto Bay | Coral Terrace | Difference |
|---|---|---|---|
| Home Value | $787,000 | $496,500 | +58.5% |
| Median Rent | $1862/mo | $1707/mo | +9.1% |
| Housing Units | 8,760 | 8,552 | +2.4% |