Coral Gables is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 49,193 people and 17 associated neighborhoods, Coral Gables is the 68th largest community in Florida.

Coral Gables home prices are not only among the most expensive in Florida, but Coral Gables real estate also consistently ranks among the most expensive in America.

Also of interest is that Coral Gables has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 18.21% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because there are quite a few people attending college in Coral Gables, it is thought of as a college town. To the benefit of the many students in the area, Coral Gables provides a number of services, amenities and opportunities geared towards their needs and activities.

Coral Gables, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.

One of the nice things about Coral Gables is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Coral Gables. 70.10% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.

The per capita income in Coral Gables in 2022 was $74,780, which is wealthy relative to Florida and the nation. This equates to an annual income of $299,120 for a family of four. However, Coral Gables contains both very wealthy and poor people as well.

Coral Gables is an extremely ethnically-diverse city. The people who call Coral Gables home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Coral Gables, accounting for 57.60% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Coral Gables residents report their race to be White, followed by Asian. Important ancestries of people in Coral Gables include Italian, German, Irish, English, and French.

In addition, Coral Gables has a lot of people living here who were born outside of the US (38.95%).

The most common language spoken in Coral Gables is Spanish. Other important languages spoken here include English and French.