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Demographic Analysis of Coral Terrace (ZIP 33155): Hispanic Majority and Racial Composition
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Coral Terrace (ZIP code 33155) in Florida is classified as a "Majority-Minority" community with a Hispanic Racial Majority as of 2022. The area has a population of 43,300 and a median income of $81,138. This urban area has a population density of 5,481 people per square mile and has experienced significant demographic and economic changes over the past decade.
The Hispanic population in Coral Terrace has increased from 82% in 2013 to 84% in 2022, maintaining a consistent Hispanic Racial Majority. Concurrently, the white population has decreased from 16% in 2013 to 12% in 2022. Other racial groups, including Asian, Black, and multiracial populations, have maintained a stable representation of about 1% each throughout the analyzed period.
The median income in Coral Terrace has shown an upward trend, rising from $65,681 in 2013 to $81,138 in 2022, representing a 23.5% increase over nine years. However, income levels have experienced fluctuations, with a peak of $91,323 in 2021 followed by a decrease in 2022. The population has slightly decreased from 46,640 in 2013 to 43,300 in 2022.
The strong Hispanic majority in Coral Terrace aligns with broader demographic trends in Miami-Dade County and South Florida. The increasing median income in the area outpaces national averages. The stable diversity among minority groups indicates that Coral Terrace maintains a multicultural character.
The economic improvements, as evidenced by rising median incomes, may reflect broader economic growth in the Miami metropolitan area. The recent income volatility could be related to the economic impacts of the COVID-19 pandemic, which affected many urban areas across the United States.
Coral Terrace represents a predominantly Hispanic, economically improving urban area that maintains a stable level of diversity among its minority populations. The community's demographic and economic trends reflect both local dynamics and broader regional and national patterns of urban development and ethnic composition in diverse metropolitan areas.
