2025 Compare Cities Economy:
Lake Placid, FL vs Coral Gables, FL

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Highlights
- Household income in Coral Gables, is 173% more than it is in Lake Placid and is 39% above the National Average.
- Lake Placid unemployment rate is 6.2%.
- Coral Gables unemployment rate is 5.2%.
 Lake Placid, FLCoral Gables, FLUnited States
 Unemployment Rate  Unlock5.2%6.0%
 Recent Job Growth  Unlock0.8%1.6%
 Future Job Growth30.4%  Unlock33.5%
 Sales Taxes7.5%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$21,336  Unlock$37,638
 Household Income  Unlock$113,623$69,021
 Family Median Income$42,625  Unlock$85,028
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 Est. Households By Income
 Lake Placid, FLCoral Gables, FLUnited States
 Income Less Than 15K  Unlock7.9%9.4%
 Income between 15K and 20K1.5%  Unlock3.8%
 Income between 20K and 30K  Unlock4.8%8.1%
 Income between 30K and 40K5.8%  Unlock8.0%
 Income between 40K and 50K  Unlock4.5%7.6%
 Income between 50K and 60K7.5%  Unlock7.2%
 Income between 60K and 75K  Unlock7.0%9.6%
 Income between 75K and 100K5.1%  Unlock12.8%
 Income between 100K and 150K  Unlock15.9%16.3%
 Income between 150K and 200K1.2%  Unlock7.8%
 Income greater than 200K  Unlock27.6%9.5%
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 Population By Occupation
 Lake Placid, FLCoral Gables, FLUnited States
 Management, business, finance6.5%  Unlock16.4%
 Engineering, computers, science  Unlock5.3%6.5%
 Community, social services2.1%  Unlock1.8%
 Legal  Unlock6.8%1.2%
 Education, library7.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.4%2.0%
 Healthcare practitioners and technology0.0%  Unlock6.2%
 Healthcare support  Unlock0.5%3.3%
 Firefighters, law enforcement6.4%  Unlock2.1%
 Food preparation, serving  Unlock3.3%5.4%
 Building maintenance12.5%  Unlock3.6%
 Personal care  Unlock2.3%2.6%
 Sales, office, administrative support20.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair9.7%  Unlock8.1%
 Production, transportation, material moving  Unlock3.9%13.1%
Reviews for Lake Placid    4 Reviews

So, I bought a house in Lake Placid about 7 months ago and so far I love it. Real Estate is very reasonable and plenty of properties to pick from. Seems like prices  More

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Your site states it is not a good time to buy a home in Lake Placid because home prices are down. Wouldn't that be the perfect time to  More

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Over 10 years ago

South Florida definitely has the best weather but that comes with a price. I'm retiring to the wide open spaces of Lake Placid. Cost of living is lower and home prices,  More

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Reviews for Coral Gables    7 Reviews

Over 9 years ago

Housing is too  More

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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  More

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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,  More

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