Everything You Should Know Before Moving to Coconut Grove, FL
Considering a move to Coconut Grove, FL? This vibrant Miami neighborhood, home to about 20,000 residents, is known for its lush greenery, lively arts scene, and walkable village feel. Expect a high cost of living, with median home prices around $1.1 million and average rents near $2,950, but also enjoy top-rated schools, abundant sunshine (70% of days), and an easy commute averaging just under 30 minutes. While property crime rates are higher than average, Coconut Grove offers excellent educational opportunities and a breezy, subtropical climate that’s hard to beat.
Demographics - Coconut Grove, FL
Demographics - Coconut Grove, FL
Coconut Grove is a vibrant Miami neighborhood with about 20,000 residents, featuring a diverse population where 41% speak a language other than English at home. The median age is 42.5, reflecting a balanced mix of professionals and families, and the area has a strong multicultural presence with a majority White population and significant Black and Hispanic communities.
Population:
20,000
Density:
5,000 per sq mi
Median Age:
42.5
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
41.0%
Ethnic Composition
White:
67.0%
Black:
20.0%
Asian:
2.0%
Others:
11.0%
Cost Of Living
What is the average cost of living in Coconut Grove, FL?
Living in Coconut Grove comes with a high price tag, as the median home value stands at $1.1 million and average rents are around $2,950. The overall cost of living index is 160, well above the national average, primarily due to elevated housing and transportation costs, while Florida’s lack of state income tax helps offset some expenses.
Median House Value:
$1,100,000
Gross Rent:
$2,950
Monthly Electricity Charges:
$150
Auto Insurance:
$2,800
House Owner Cost With Mortgage:
$3,500
House Owner Cost Without Mortgage:
$1,000
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
160.0
Grocery:
110.0
Housing:
210.0
Utilities:
98.0
Transportation:
116.0
Health Care:
100.0
Miscellaneous:
105.0
Crime
Is Coconut Grove, FL a safe place to live?
Coconut Grove experiences a relatively low rate of violent crime, but property crime is somewhat higher, with a 1 in 32 chance of being affected annually. The neighborhood is generally safe for residents, though it's wise to take common-sense precautions to protect property and belongings.
Violent Crimes Per 100k:
265
Property Crimes Per 100k:
3,100
Crime Index:
3,365
Chance Of Violent Crime:
1 in 377
Chance Of Property Crime:
1 in 32
Weather
What is the weather like in Coconut Grove, FL year-round?
Residents enjoy a subtropical climate with warm winters averaging highs of 76°F and hot, humid summers peaking at 91°F. The area receives ample sunshine about 70% of the time and substantial annual rainfall of nearly 62 inches, making it ideal for outdoor enthusiasts and lush landscaping.
Winter
Min:
61°F
Max:
76°F
Spring
Min:
68°F
Max:
83°F
Summer
Min:
77°F
Max:
91°F
Fall
Min:
70°F
Max:
84°F
Average Rainfall Inches:
61.9 inches
Sunny Days Percentage:
70%
Neighbors
Households in Coconut Grove are generally well-off, with a median household income of $102,000 and a low unemployment rate of 3.5%. The area boasts a highly educated population—55% hold a bachelor’s degree or higher—while about 11% of residents live below the poverty line.
Median Income:
$51,000
Household Income:
$102,000
Family Income:
$120,000
Per Capita Income:
$60,000
Income Male:
$66,000
Income Female:
$54,000
Poverty Rate:
11.2%
Non English Speakers:
41.0%
Rent:
$2,950
Unemployment Rate:
3.5%
Public Transport Usage:
9.5%
Commute Time:
29.2 minutes
Education
High School or Higher:
92.0%
Bachelors or More:
55.0%
Education
How are the schools in Coconut Grove, FL?
Families benefit from strong educational options, including highly rated public schools like Coconut Grove Elementary and George Washington Carver Middle School, as well as private institutions. The area is also close to major colleges such as the University of Miami and Miami Dade College, making higher education easily accessible.
Public Schools
Name:
Coconut Grove Elementary School
Street:
3351 Matilda St
Phone:
305-444-7388
Students:
530
Student Teacher Ratio:
14.0
Name:
George Washington Carver Middle School
Street:
4901 Lincoln Dr
Phone:
305-444-7388
Students:
950
Student Teacher Ratio:
16.5
Private Schools
Name:
Carrollton School of the Sacred Heart
Street:
3747 Main Hwy
Phone:
305-446-5673
Students:
850
Colleges
Name:
University of Miami
City:
Coral Gables
State:
FL
Distance:
4 miles
Students:
17,000
Name:
Miami Dade College - Wolfson Campus
City:
Miami
State:
FL
Distance:
6 miles
Students:
27,000
Healthcare
The neighborhood offers quality healthcare access, with major facilities like Mercy Hospital and Doctors Hospital nearby and an above-average physician density of 2.7 per 1,000 residents. Most people have health insurance coverage (87%), ensuring comprehensive medical support within the community.
Major Hospitals
Name:
Mercy Hospital
Address:
3663 S Miami Ave, Miami, FL 33133
Phone:
(305) 854-4400
Type:
General & Surgical
Emergency Services:
Yes
Name:
Doctors Hospital
Address:
5000 University Dr, Coral Gables, FL 33146
Phone:
(786) 308-3000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.7
Health Insurance Coverage:
87.0%
Health Care Index:
69.0
Housing Market
What is the housing market like in Coconut Grove, FL?
Coconut Grove's housing market is robust, with a median home price of $1.1 million and a healthy owner-occupancy rate of 56%. Home values have appreciated by 7% in the past year, and rental options are available, with average two-bedroom rents at $2,950 and a low vacancy rate.
Median Home Price:
$1,100,000
Average Rent For 2 Bedroom:
$2,950
Owner Occupied Rate:
56.0%
Rental Vacancy Rate:
6.5%
Home Appreciation Rate (1yr):
7.0%
New Construction Rate:
2.2%
Foreclosure Rate:
0.4%
DMV Information
Coconut Grove residents are served by the Florida Department of Highway Safety and Motor Vehicles located on Coral Way in Miami. The office provides all standard DMV services, and more information can be accessed through the state website.
State:
Florida
Department:
Florida Department of Highway Safety and Motor Vehicles
Address:
3191 Coral Way, Miami, FL 33145
Phone:
305-229-6333
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.