How many renters in Coral Terrace, FL pay more than 30% of their income on rent?
56.7% (±10.0 points) of renting households in Coral Terrace, FL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
47.8% spend 35% or more.
The median renting household spends 33.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 56.7% (±10.0 points)
- Paying 35% or more
- 47.8% (±8.9 points)
- Median share of income
- 33.7% (±4.6 points)
Rent as a share of income in Coral Terrace
| Share of income spent on rent | Coral Terrace | Miami-Dade County | Florida | United States |
|---|---|---|---|---|
| Less than 15% | 4.4% (±3.1 points) | 6.7% | 8.1% | 12.6% |
| 15% to 19.9% | 16.0% (±10.1 points) | 8.2% | 9.3% | 12.2% |
| 20% to 24.9% | 10.9% (±5.5 points) | 10.0% | 11.3% | 12.6% |
| 25% to 29.9% | 12.1% (±5.9 points) | 10.7% | 11.3% | 11.5% |
| 30% to 34.9% | 8.9% (±4.5 points) | 9.5% | 9.8% | 9.2% |
| 35% or more | 47.8% (±8.9 points) | 55.0% | 50.2% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Coral Terrace against Miami-Dade County, its state and the nation
| Coral Terrace | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Paying 30% or more | 56.7% (±10.0 points) | 64.5% (±0.9 points) | 60.0% (±0.4 points) | 51.1% |
| Paying 35% or more | 47.8% (±8.9 points) | 55.0% (±0.8 points) | 50.2% (±0.4 points) | 41.9% |
| Median share of income | 33.7% (±4.6 points) | 38.2% (±0.6 points) | 35.2% (±0.3 points) | 30.6% |
| Median renter household income | $62,449 (±$8,641) | $53,660 (±$1,055) | $53,617 (±$353) | $52,966 |
| Median gross rent | $1,759 (±$168) | $1,829 (±$10) | $1,669 (±$5) | $1,413 |
In Coral Terrace, the share of renters paying 30% or more of income is not measurably different from Miami-Dade County (64.5%).
It is not measurably different from Florida (60.0%).
It is not measurably different from the national figure (51.1%).
In Miami-Dade County, Coral Terrace ranks 60 of 67 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 475 of 843.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Coral Terrace
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Coral Terrace | — | 56.7% (±10.0 points) | — |
| West Miami | 0.9 mi | 71.2% (±14.4 points) | Not measurably different |
| Olympia Heights | 2.5 mi | 68.5% (±18.5 points) | Not measurably different |
| Glenvar Heights | 2.6 mi | 59.3% (±6.7 points) | Not measurably different |
| South Miami | 2.7 mi | 75.8% (±11.6 points) | Higher |
| Westchester | 3.0 mi | 63.5% (±6.4 points) | Not measurably different |
| Fountainebleau | 3.2 mi | 64.8% (±5.3 points) | Not measurably different |
| Sunset | 4.1 mi | 66.0% (±16.0 points) | Not measurably different |
| Westwood Lakes | 4.3 mi | 89.3% (±8.1 points) | Higher |
Nearby places with a measurably higher figure: South Miami, FL (75.8%), Westwood Lakes, FL (89.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Miami-Dade County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 54 | Miami Beach | 60.5% (±4.1 points) |
| 55 | West Little River | 60.1% (±8.5 points) |
| 56 | Pinecrest | 59.9% (±13.7 points) |
| 57 | Glenvar Heights | 59.3% (±6.7 points) |
| 58 | West Perrine | 58.3% (±12.9 points) |
| 59 | Pinewood | 57.0% (±11.8 points) |
| 60 | Coral Terrace | 56.7% (±10.0 points) |
| 61 | Miami Shores | 56.1% (±22.6 points) |
| 62 | Coral Gables | 54.8% (±7.2 points) |
| 63 | Gladeview | 54.0% (±10.8 points) |
| 64 | Westview | 52.2% (±21.0 points) |
| 65 | Biscayne Park | 51.9% (±20.7 points) |
| 66 | Miami Lakes | 44.9% (±8.3 points) |
Showing 13 of 67 places in Miami-Dade County, ranked from highest to lowest.
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).
Margins of error are at the 90% confidence level.
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Questions about Coral Terrace
Are renters in Coral Terrace rent-burdened?
56.7% of renting households in Coral Terrace pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Coral Terrace spend on rent?
The median renting household in Coral Terrace, FL spends 33.7% (±4.6 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Coral Terrace CDP, Florida
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Coral Terrace CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Coral Terrace CDP, Florida
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) and detailed tables (acs/acs5) 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 API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 .
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