Coral Gables, FL
Population 49,243 · Florida
About Coral Gables, FL
Coral Gables is a mid-sized city in Florida with a population of 49,243 residents. The median household income is $130,803 per year, which is above the national average. The median age in Coral Gables is 39 years.
Housing in Coral Gables has a median home value of $1,007,500 and median monthly rent of $2,121. Of the 21,906 total housing units, the majority are owner-occupied, with 12,101 owner-occupied and 6,840 renter-occupied units.
The unemployment rate in Coral Gables is 3.5% and the poverty rate is 9.1%. 71.9% of residents hold a bachelor's degree or higher. The average commute time is 24.3 minutes.
How Coral Gables Ranks in Florida
Cost of Living in Coral Gables, FL
Compared to national averages, Coral Gables has a median household income of $130,803 (74% above the national median of $75,149). Home values average $1,007,500, which is 311% above the national median. Monthly rent at $2,121 is 82% above the US average of $1,163. Within Florida, Coral Gables's income is 72% above the state average of $75,893, and home values are 185% above the state median of $353,675.
Why Live in Coral Gables, FL?
Coral Gables offers a strong local economy with a median household income of $130,803, well above the national average, and a strong job market with an unemployment rate of just 3.5%, and a well-educated community where 71.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 9.1%, better than the national average, and short commute times averaging just 24.3 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,007,500. However, Coral Gables’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Coral Gables has a population of 49,243 with a median age of 39 years. Compare Coral Gables with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Coral Gables
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Titusville | 49,004 | $64,898 | $243,100 | Compare |
| University CDP (Hillsborough County), Florida | 48,868 | $36,483 | $146,400 | Compare |
| Fort Pierce | 48,094 | $46,745 | $220,500 | Compare |
| Ocoee | 47,885 | $93,292 | $368,900 | Compare |
| Country Club | 51,000 | $70,974 | $340,900 | Compare |
| Tamiami | 51,201 | $78,916 | $451,400 | Compare |
| Winter Garden | 47,182 | $106,371 | $428,200 | Compare |
| Kendale Lakes | 52,141 | $69,150 | $378,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Coral Gables
What is the population of Coral Gables, FL?
The population of Coral Gables, FL is 49,243 according to the latest Census data.
What is the median household income in Coral Gables?
The median household income in Coral Gables, FL is $130,803 per year.
What is the median home value in Coral Gables?
The median home value in Coral Gables, FL is $1,007,500.
What is the average rent in Coral Gables?
The median monthly rent in Coral Gables, FL is $2,121.
What is the unemployment rate in Coral Gables?
The unemployment rate in Coral Gables, FL is 3.5%.