Coral Gables Demographics and Socio-Economics

The Demographic and Socio-Economic Status of Coral Gables

♦ Demoghrapics  ♦ Labor Force and Wages   ♦ Consumer Spending  ♦ Educational Levels


Investors who are looking into Miami Real Estate opportunities don’t always know Miami or Coral Gables very well. Many of my clients ask me for insights into the different neighborhoods other than prices per Sq.Ft and rental values.  These investors would like to read some more information regarding population, educational levels and accessibility of an area. Together with the extensive reports of Beacon Council we created this blog for our clients and readers to get a more comprehensive understanding of the demographics and socio-economic character of Coral Gables {Links to other areas}

Coral Gables Map

The community of Coral Gables


The total population of the City of Coral Gables is 48,631. The median age is 38.90.

The population of Coral Gables is well distributed amongst all age categories with a slightly bigger population in the 20-29 category and the 65+

The population of Coral Gables is well distributed amongst all age categories with a slightly bigger population in the 20-29 category and the 65+


Education levels in Coral Gables


The majority of the population in Coral Gables has completed at least a graduate degree.

Education in the Gables

Download the full Beacon Council report on Coral Gables Demographics here



The Labor force in Coral Gables


Coral Gables has a labor force of 21,960 people, with a job growth rate of 6.61% since 2013, and an unemployment rate of 4.3%.

The Coral Gables labor force divided into white vs blue collar

The Coral Gables labor force divided into white vs blue collar

Download the full report on the labor force in Coral Gables


Business and Jobs


Coral Gables has a total of 6,017 businesses. In 2014, the leading industries were:
Retail, Banking, Finance and Insurance, Professional, Scientific, and Technical Services, Health Care and Social Services, and Accommodation and Food Services

Top 5 industries Gables

Top 5 jobs by education

Download the full report on Coral Gables Wages here


Income and Spending in Coral Gables


Workers in Coral Gables earn an average yearly income of $72,682.

Income 2 Gables

Income distributuon coral gables

Household expenditures average $94,550 per year. The majority of earnings get spent on Shelter, Transportation, Food and Beverages, Utilities, and Entertainment.

Download the full report on Consumer Spending in Coral Gables

There are 28% more people who own their homes than there are renters.

Renting vs owning Gables

Transportation in Coral Gables


Residents spend an average of 22 minutes commuting to work. Coral Gables is served by 10 airports within 50 miles.Rail can be accessed within 1 miles. Interstates can be accessed 3 miles away.

Transportation Gables


Coral Gables Condos for Sale
Coral Gables Homes For Sale
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These are the most commonly asked Google Real Estate Related questions

1. What are the Current Best New Condos in Miami?

If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023

2. What is the best New Construction Condo in Fort Lauderdale?

In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.

3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami? 

Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!


For all our analytics we are agents driving some very unique and advanced tech. We Provide a granular and custom experience that empower our clients with the insight and tools to understand the most complex behaviors of any local markets.

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    Over 100 reports produced to date

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    Over 1800 published articles and counting

  • Experienced

    Over $2 billion in real estate sales

David Siddons

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