Everything You Should Know Before Moving to Coral Gables, FL
Considering a move to Coral Gables, FL? This vibrant city of nearly 50,000 offers upscale living with a median home price around $1.2 million and average rent at $2,750. Residents enjoy a low violent crime rate (83 per 100K), short 24-minute commutes, and beautiful weather with 70% sunny days per year. The city stands out for its high educational attainment, excellent public schools, and proximity to the University of Miami, making it a prime choice for families and professionals seeking a safe, cultured, and sunny community.
Demographics - Coral Gables, FL
Demographics - Coral Gables, FL
Coral Gables is home to nearly 49,300 residents with a median age of 41, and a population density of 3,730 people per square mile. The city features a diverse community, with almost 45% of residents speaking a language other than English at home, and a strong presence of highly educated individuals.
Population:
49,269
Density:
3,730 per sq mi
Median Age:
41.2
Gender Ratio:
93 males per 100 females
Non-English Speakers Percentage:
44.8%

Ethnic Composition
White:
92.0%
Black:
2.0%
Asian:
3.7%
Others:
2.3%
Cost Of Living
What is the average cost of living in Coral Gables, FL?
Living in Coral Gables comes with a high cost of living, reflected in a median home value of $1.2 million and average rent of $2,750. While Florida’s 0% state income tax is a perk, housing and daily expenses are notably above national averages, making this city ideal for those seeking upscale amenities.
Median House Value:
$1,200,000
Gross Rent:
$2,750
Monthly Electricity Charges:
$150
Auto Insurance:
$2,740
House Owner Cost With Mortgage:
$3,400
House Owner Cost Without Mortgage:
$950
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
161.2
Grocery:
114.6
Housing:
238.5
Utilities:
102.2
Transportation:
110.7
Health Care:
95.1
Miscellaneous:
104.0
Crime
Is Coral Gables, FL a safe place to live?
Coral Gables enjoys a notably low violent crime rate, with only 83 incidents per 100,000 residents and a property crime risk lower than many urban areas. Residents benefit from a safe environment and a strong sense of security in their neighborhoods.
Violent Crimes Per 100k:
83
Property Crimes Per 100k:
1,206
Crime Index:
1,289
Chance Of Violent Crime:
1 in 1,200
Chance Of Property Crime:
1 in 83
Weather
What is the weather like in Coral Gables, FL year-round?
The city experiences warm, subtropical weather with mild winters averaging 60–76°F and hot, humid summers reaching up to 90°F. With 70% sunny days and over 61 inches of annual rainfall, Coral Gables offers an inviting climate for outdoor activities year-round.

Winter
Min:
60°F
Max:
76°F

Spring
Min:
67°F
Max:
83°F

Summer
Min:
76°F
Max:
90°F

Fall
Min:
69°F
Max:
86°F
Average Rainfall Inches:
61.7 inches
Sunny Days Percentage:
70%
Neighbors
Residents of Coral Gables enjoy a median household income of $120,000 and a high rate of college graduates, with 67% holding a bachelor’s degree or higher. The community is diverse, with a low poverty rate of 8.4% and an average commute time of just 24 minutes.
Median Income:
$57,000
Household Income:
$120,000
Family Income:
$145,000
Per Capita Income:
$76,520
Income Male:
$83,500
Income Female:
$65,100
Poverty Rate:
8.4%
Non English Speakers:
44.8%
Rent:
$2,750
Unemployment Rate:
3.2%
Public Transport Usage:
2.4%
Commute Time:
24.1 minutes

Education
High School or Higher:
96.7%
Bachelors or More:
67.1%
Education
How are the schools in Coral Gables, FL?
Coral Gables is known for its top-rated public and private schools, offering strong academic programs and low student-teacher ratios. The city is also home to the University of Miami, providing exceptional higher education opportunities right in the community.

Public Schools
Name:
Coral Gables Preparatory Academy
Street:
105 Minorca Ave
Phone:
305-448-1731
Students:
930
Student Teacher Ratio:
17.1
Name:
George W. Carver Middle School
Street:
4901 Lincoln Dr
Phone:
305-444-7388
Students:
1,040
Student Teacher Ratio:
17.3

Private Schools
Name:
Saint Philip's Episcopal School
Street:
1121 Andalusia Ave
Phone:
305-444-6366
Students:
250

Colleges
Name:
University of Miami
City:
Coral Gables
State:
FL
Distance:
0 miles
Students:
17,800
Healthcare
Coral Gables provides excellent healthcare access, including two major hospitals offering full emergency services and an above-average physician-to-resident ratio of 3.1 per 1,000 people. Nearly 90% of residents are covered by health insurance, contributing to strong overall health outcomes.

Major Hospitals
Name:
Doctors Hospital
Address:
5000 University Dr, Coral Gables, FL 33146
Phone:
(786) 308-3000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Coral Gables Hospital
Address:
3100 Douglas Rd, Coral Gables, FL 33134
Phone:
(305) 445-8461
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
3.1
Health Insurance Coverage:
89.6%
Health Care Index:
77.3
Housing Market
What is the housing market like in Coral Gables, FL?
The local housing market is robust, with a median home price of $1.2 million and owner-occupancy at over 62%. Home values have appreciated by 7.2% in the past year, reflecting high demand and a stable investment environment.
Median Home Price:
$1,200,000
Average Rent For 2 Bedroom:
$2,750
Owner Occupied Rate:
62.5%
Rental Vacancy Rate:
6.1%
Home Appreciation Rate (1yr):
7.2%
New Construction Rate:
1.1%
Foreclosure Rate:
0.2%
DMV Information
Vehicle services for Coral Gables residents are managed by the Florida Department of Highway Safety and Motor Vehicles, conveniently located nearby in Miami. Most licensing and registration needs can be handled in person or online through the state DMV website.
State:
Florida
Department:
Florida Department of Highway Safety and Motor Vehicles
Address:
3195 SW 3rd Ave, Miami, FL 33129
Phone:
850-617-2000
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.