Coral Terrace is a neighborhood located in 33155 Miami-Dade county in Florida. With its close proximity to downtown Miami and access to I-95, it’s an ideal place to live for those who want to stay close to the action. Rent prices for 2 Bedrooms are around $2,200 which is higher than the US average of $1,430. Additionally the Grocery Cost Index for Coral Terrace is 110 versus the 100 US average.
The surrounding area contains many parks and green spaces such as Robert King High Park, Treetops Park and Riviera Park. This makes Coral Terrace a great place for outdoor enthusiasts and those that love nature. There are also plenty of restaurants in the area including Open Kitchen Chinese Restaurant, El Taino Grill, Chef Creole Restaurant and many more that provide delectable dishes from different cultures.
For shopping convenience there is Westland Mall or nearby Dadeland open-air mall with its expansive stores like Macy's, Target and Best Buy. All these amenities make Coral Terrace an attractive option for residents looking for convenient access to city life without having to sacrifice nature’s beauty or tasty cuisine choices.
Coral Terrace (zip 33155) has an unemployment rate of 8.2%. The US average is 6.0%.
Coral Terrace (zip 33155) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Coral Terrace (zip 33155)
- The Sales Tax Rate for Coral Terrace (zip 33155) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Coral Terrace (zip 33155) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Coral Terrace (zip 33155)
- The average income of a Coral Terrace (zip 33155) resident is $25,539 a year. The US average is $28,555 a year.
- The Median household income of a Coral Terrace (zip 33155) resident is $71,646 a year. The US average is $69,021 a year.