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Economy in Coral Gables, Florida

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyCoral Gables, FLUnited States
Unemployment Rate8.10%9.10%
Recent Job Growth2.22%-0.12%
Future Job Growth36.34%31.25%
Sales Taxes7.00%6.80%
Income Taxes0.00%6.25%
Income per Cap.$53,641$27,067
Household Income$83,837$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.96%12.10%
Income between 15K and 25K5.92%10.18%
Income between 25K and 35K7.36%10.56%
Income between 35K and 50K9.86%14.98%
Income between 50K and 75K15.17%19.53%
Income between 75K and 100K10.91%12.52%
Income between 100K and 150K15.31%12.14%
Income between 150K and 250K7.51%3.91%
Income between 250K and 500K13.70%3.34%
Income greater than 500K6.30%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations22.66%13.81%
Professional and Related Occupations32.22%22.68%
Service9.60%14.51%
Sales and Office22.58%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance2.38%9.37%
Production, Transportation, and Material Moving3.33%15.86%
Median Household Income

The unemployment rate in Coral Gables, FL, is 8.10%, with job growth of 2.22%. Future job growth over the next ten years is predicted to be 36.34%.

Coral Gables, FL Taxes

Coral Gables, FL,sales tax rate is 7.00%. Income tax is 0.00%.

Coral Gables, FL Income and Salaries

The income per capita is $53,641, which includes all adults and children. The median household income is $83,837.


Coral Gables Economy SperlingViews

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)What Makes Coral Gables, FL Great!: The City of Coral Gables, known for top-rated municipal services, fine residential areas, historic landmarks, and high quality of life, has also emerged as the Corporate... (read more)A place for the better educated in Florida.: I have lived in Florida, specifically, in Miami-Dade for about 18 years. Having found a glass ceiling up north due to my handicapping name (Guillermo, it could have been... (read more)Have an opinion about Coral Gables? Leave a commentTo See All SperlingViews for Coral Gables Click Here