Is Coral Terrace, FL growing?

Coral Terrace, FL had an estimated 24,895 (±2,566) residents in 2020–2024, against 25,387 in 2015–2019.

That is a change of −1.9%, not a measurable change.

Its housing went from 7,707 to 8,692 homes (+12.8%), a measurable increase.

1.6% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
24,895 (±2,566)
Amount of change
−1.9%
Homes change
+12.8%
Built 2020 or later
1.6%

Residents and homes in Coral Terrace, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents25,387 (±1,162)24,895 (±2,566)−1.9%Not a measurable change
Housing units7,707 (±178)8,692 (±613)+12.8%Measurable increase
Households that rent32.8% (±3.3 points)39.7% (±4.2 points)+6.9 percentage pointsMeasurable increase
Median gross rent$1,487 (±$100)$1,759 (±$168)+18.3%No measurable change after inflation
Median home value$335,100 (±$11,747)$582,900 (±$23,250)+73.9%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Growth in Coral Terrace against Miami-Dade County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Coral Terrace−1.9%Not a measurable change+12.8%
Miami-Dade County+1.4%Measurable increase+6.9%
Florida+7.2%Measurable increase+8.6%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Coral Terrace

Housing units by year built, 2020–2024
Year builtCoral TerraceMiami-Dade CountyFloridaUnited States
2020 or later1.6% (±0.7 points)1.9%3.2%2.0%
2010 to 20191.3% (±0.7 points)9.5%11.0%9.4%
2000 to 20092.0% (±1.1 points)12.9%18.1%13.6%

2.9% of the homes in Coral Terrace were built in 2010 or later.

The median age of residents is 44.7 years.

Growth in places near Coral Terrace

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Coral Terrace—24,895−1.9%Not a measurable change
West Miami0.9 mi7,162−8.0%Measurable decrease
Olympia Heights2.5 mi12,399−11.2%Not a measurable change
Glenvar Heights2.6 mi19,395+13.7%Measurable increase
South Miami2.7 mi12,277+1.9%Measurable increase
Westchester3.0 mi52,032+74.7%Measurable increase
Fountainebleau3.2 mi55,665−8.1%Measurable decrease
Sunset4.1 mi13,535−14.7%Measurable decrease
Westwood Lakes4.3 mi10,553−8.3%Not a measurable change

Coral Terrace is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Coral Terrace

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Coral Terrace beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Coral Terrace, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Coral Terrace, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Coral Terrace

Is Coral Terrace growing?

Coral Terrace, FL had an estimated 24,895 residents in 2020–2024 and 25,387 in 2015–2019, a change of −1.9%: not a measurable change by the Census Bureau’s test.

How many homes have been added in Coral Terrace?

The estimated number of housing units went from 7,707 in 2015–2019 to 8,692 in 2020–2024 (+12.8%), a measurable increase.

How much new construction is there in Coral Terrace?

1.6% of homes in Coral Terrace were built in 2020 or later and 1.3% between 2010 and 2019.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Coral Terrace CDP, Florida (place:14412, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related