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Coral Terrace, Florida: A Hispanic Majority Community with Low Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
DATA SOURCE
United States Census Bureau: American Community Survey Data (ACS)
Coral Terrace, Florida, is classified as a "Racial Majority" community with a significant Hispanic population. As of 2022, 90% of the population identifies as Hispanic, establishing it as a Hispanic Majority area. The city has a population of 24,508 and a median income of $72,725 in 2022.
Over the past decade, Coral Terrace has maintained its status as a "Racial Majority" community, with the Hispanic population increasing from 88% in 2013 to 90% in 2022. The White population has declined from 10% in 2013 to 8% in 2022. Other racial groups, including Asian, Black, and those of two or more races, have maintained minimal representation, each consistently at or below 1% of the population.
The median income in Coral Terrace has shown an upward trend, rising from $58,382 in 2013 to $72,725 in 2022, representing a 24.6% increase over nine years. This growth outpaces the national average and suggests improving economic conditions for the predominantly Hispanic community.
The strong Hispanic majority in Coral Terrace aligns with broader trends in Miami-Dade County, known for its large Hispanic population. However, the level of Hispanic concentration in Coral Terrace is higher than the county average, suggesting it may be a particularly attractive enclave for Hispanic residents.
Based on the observed trends, it is likely that Coral Terrace will continue to be a "Racial Majority" community with a strong Hispanic presence. The steady increase in the Hispanic population percentage suggests this trend will persist.
Economically, if the upward trajectory in median income continues, Coral Terrace might transition into a more affluent Hispanic enclave. This could potentially lead to gentrification within the Hispanic community itself, with more affluent Hispanic residents displacing lower-income Hispanic families.
While the community does not show signs of transitioning to a different diversity category in the near future, it is worth monitoring for any signs of becoming a "Transitional Community." This could occur if economic success leads to increased diversity, potentially attracting non-Hispanic residents and gradually shifting the demographic balance. However, given the current strong Hispanic majority, such a transition would likely take many years to materialize, if at all.
Coral Terrace presents a case of a stable, economically improving Hispanic majority community, reflecting both local preferences and broader demographic trends in the Miami area.
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