Coral Gables, Florida


Pros

-Cultural diversity
-Beaches and water recreation
-Entertainment

Cons

-Hurricane risk
-Cost of living
-Crime rates

Location

South Atlantic Coast near the southern tip of the Florida Peninsula
Profile: Regional center
Elevation: 12
Time zone: Eastern Standard Time

What Bert Has To Say About Miami-Fort Lauderdale-Miami Beach Metro Area


Miami has always been the commercial and cultural center for Florida and the nearby Caribbean, but in the past 30 years it has emerged as a world-class international hub and a gateway for all of Latin America. In many ways it serves as the central logistical and cultural hub of the entire Western Hemisphere. The inevitable result is a diverse and invigorating Latin culture superimposed upon what was already a major commercial, resort, and retirement area dating back to the 1920’s. Many think of it as a tourist center, but import/export and international financial trade with Latin countries make up a far larger part of the economy. These activities bring a large banking industry as well as cargo transport and warehousing; the manufacturing and corporate headquarters rosters are also growing. The city is busy- in many ways stressful- and the mix of cultures, heat, and poverty has occasionally boiled over into ethnic and civil strife. But the city is fun and undeniably alive.

Downtown is fairly average with the usual glass skyscrapers. Inland to the west the area sprawls with low to mid-sized commercial buildings and housing, until ending abruptly at the Everglades. Wealthy retirees and others escaping the northeast winters have established themselves on Miami Beach, the high-rise-studded barrier island to the east, or to Coral Gables and Kendall just to the south. The planned Coral Gables is quite upscale, while Kendall is more middle class, and all suburbs to the south are a rich and unusual combination of wealthy and middle class U. S. migrants and retirees mixed in with similar strata from all over Latin America.

Inland areas are much warmer and less comfortable. Covering almost all buildable land, the vast and mostly middle-class residential areas continue to sprawl 25 miles to the south to Homestead. Hurricane Andrew, one of the most devastating hurricanes on record, made a nearly successful attempt to reclaim Homestead and surrounding areas for nature in 1992. Other hurricanes have had major effects on property insurance premiums and availability. To the north, residential and light-commercial developments merge with Fort Lauderdale and its suburbs to the west.

There is no shortage of things to do in Miami- indoors or outdoors. The South Beach section of Miami Beach houses a historic district lined with pastel-colored Art Deco buildings from the 20’s and 30’s, now filled with restaurants and clubs. Water and beach recreation are superb, and Latin-accented nightlife goes on everywhere. Professional and college sports are a passion. There is a good assortment of museums and performing-arts amenities. Air service is excellent everywhere particularly to international destinations. The Cost of Living Index is high and growing as home prices rise, but varies considerably by location within the area. Crime rates are among the highest in the nation for a big city. Average commute times- almost 33 minutes- are the worst in Florida. Only Fort Lauderdale and West Palm Beach- both just to the north- have a higher hurricane risk. Taken together, the city offers world-class activities and an interesting cultural mix at a cost of crowding and safety.

Miami lies on a level coastal plain. The surrounding countryside is level and sparsely wooded with areas of water and swampland approaching the Everglades to the west. The climate is subtropical marine with long, warm, humid summers and abundant rainfall, followed by mild, dry winters. Sea breezes from the east and southeast may cause year-round temperature differences of 15 degrees or more from inland locations. Freezing conditions occur occasionally in the western suburbs. Strong thunderstorms with dangerous lightning can occur year-round and hurricanes are a risk in late summer and fall.


Highlights


CITY - Coral Gables
ZIP CODES - 33134, 33146, ... 2 total
REAL ESTATE - For Sale  For Rent
SCHOOLS - See Local Schools

Quick Facts About Coral Gables


ECONOMY
The unemployment rate in Coral Gables is 3.70 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Coral Gables jobs have Increased by 0.18 percent.

COST OF LIVING
Compared to the rest of the country, Coral Gables's cost of living is 90.70% Higher than the U.S. average.

POPULATION
As of 2014, Coral Gables's population is 47,285 people. Since 2000, it has had a population growth of 10.37 percent.

TRANSPORTATION
Average Commute time is 21 minutes. The National Average is 25 minutes.

REAL ESTATE
The median home cost in Coral Gables is $627,900. Home appreciation the last year has been 17.00 percent.

SCHOOLS
Coral Gables public schools spend $10,414 per student. The average school expenditure in the U.S. is $12,435. There are about 17 students per teacher in Coral Gables.


Coral Gables Housing Market


It's a good time to buy in Coral Gables. Home Appreciataion is up 17.0% in the last 12 months. Browse Coral Gables Real Estate.
The median home price in Coral Gables is $627,900. Browse Homes in this Range.
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Comments


Ritzy Paradise
I have lived in the Gables for about two years now. I was initially impressed with the neatly manicured lawns, the Mediterranean-styled houses, the number of palm trees,... (read more)
Highest Quality of Life in Coral Gables.
I love Coral Gables. In my personal opinion is one of the highest ranking cities in regards to quality of life. The Historic City of Coral Gables has not only a... (read more)
People Like Working Where They Like Living.
As Coral Gables City Founder George Merrick formulated the initial elements of his dream city in the 1920's , he identified spacious park and open space locations,... (read more)
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