The Town FilesCoral Terrace, Florida
Community in Miami-Dade County · population 23,142 (2020 Census)
- Median home
- $582,900
- Household income
- $80,353
- Jan low / Jul high
- 64° / 89°
- Snow a year
- 0 in
- Tornadoes ≤10 mi since 1950
- 68
- Median age
- 44.7
Coral Terrace is a community of 23,142 people in Miami-Dade County, Florida. The median home is worth $582,900, above the typical Florida town ($331,600). It ranks more walkable than 96% of Florida towns, more vibrant than 92% of Florida towns, better transit than 90% of Florida towns.
How Coral Terrace ranks
Percentile among Florida towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Florida towns.
Homes and cost of living
The median home in Coral Terrace is worth $582,900, above the typical Florida town ($331,600). Homes cost about 7.3 times the median household income of $80,353, which is more affordable than 8% of Florida towns. Median rent is $1,759 a month. 60.3% of households own their home.
| Housing | Coral Terrace | Typical Florida town |
|---|---|---|
| Median home value | $582,900 | $331,600 |
| Median rent | $1,759 | $1,569 |
| Median household income | $80,353 | $71,140 |
| Home value ÷ income | 7.3× | 4.5× |
| Homeownership | 60.3% | 73.5% |
| Median year built | 1957 | 1985 |
| Seasonal / vacation homes | 0.0% | — |
Who lives in Coral Terrace
| People | Coral Terrace | Typical Florida town |
|---|---|---|
| Median age | 44.7 | 42.8 |
| Age 65 and over | 22.2% | 20.2% |
| Under 18 | 17.3% | — |
| Bachelor's degree or higher | 29.4% | 28.8% |
| Below the poverty line | 10.8% | 11.3% |
| Veterans | 1.0% | — |
| Born outside the U.S. | 62.5% | — |
| Work from home | 16.3% | 13.5% |
| Average commute | 25.5 min | 27.5 min |
| Homes with broadband | 88.5% | 92.4% |
Weather in Coral Terrace
July highs average 88.6°F and January lows 63.7°F. About 51.0 inches of rain and melted snow fall a year, with 0.0 inches of snow (typical Florida town: 0.0 in). Expect about 29 days a year at 90°F or hotter and 0 nights at or below freezing.
Tornadoes, storms and disasters
68 tornadoes have passed within 10 miles of Coral Terrace since 1950, compared with 35 for the typical Florida town. 4 rated (E)F2 or stronger. The strongest, an F3, struck on June 17, 1959 about 1.9 miles from the town center. Tornadoes within 10 miles have caused 1 deaths and 117 injuries since 1950. The most recent was on September 27, 2022.
Hail of 1 inch or larger has been reported within 10 miles 66 times; the largest was 4.00 inches on March 29, 1963.
Severe weather in Miami-Dade County since 1996
Miami-Dade County has been included in 43 federal disaster or emergency declarations since 1953, most often for fire, other, tornado.
| Declared | Incident | Declaration |
|---|---|---|
| October 11, 2024 | Hurricane | DR-4834: Hurricane Milton |
| October 7, 2024 | Hurricane | EM-3622: Hurricane Milton |
| December 13, 2022 | Hurricane | DR-4680: Hurricane Nicole |
| November 8, 2022 | Tropical Storm | EM-3587: Tropical Storm Nicole |
| September 29, 2022 | Hurricane | DR-4673: Hurricane Ian |
Jobs and pay in Miami-Dade County
Miami-Dade County had 1,257,569 jobs in 2024, paying an average of $77,609 a year. Unemployment was 1.8% in 2023; in Coral Terrace itself the ACS puts it at 3.8%.
Towns near Coral Terrace
- West Miami, FL0.9 mi · 7,233 people · home $488,800
- Olympia Heights, FL2.5 mi · 12,873 people · home $557,500
- Glenvar Heights, FL2.6 mi · 20,786 people · home $545,400
- South Miami, FL2.7 mi · 12,026 people · home $829,400
- Westchester, FL3.0 mi · 56,384 people · home $508,700
- Fountainebleau, FL3.2 mi · 59,870 people · home $320,200
- Sunset, FL4.1 mi · 15,912 people · home $601,300
- Westwood Lakes, FL4.3 mi · 11,373 people · home $518,500
Coral Terrace questions
Is Coral Terrace, Florida a good place to retire?
On The Town Files lifestyle rankings, Coral Terrace scores better for retirees than 26% of Florida towns and quieter than 12%. 22.2% of residents are 65 or older (median age 44.7).
How much does a house cost in Coral Terrace?
The median owner-occupied home in Coral Terrace is valued at $582,900 (Census ACS 2020–2024), against a median household income of $80,353, so homes cost about 7.3 times income. Median rent is $1,759 a month.
What is the weather like in Coral Terrace?
July highs average 88.6°F and January lows 63.7°F (NOAA 1991–2020 normals). It gets about 51.0 inches of precipitation a year and 0.0 inches of snow.
Does Coral Terrace get tornadoes?
68 tornadoes have passed within 10 miles of Coral Terrace since 1950 (NOAA Storm Events); the strongest was a F3 on June 17, 1959. The typical Florida town has had 35.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)