What is the Average Income in Coral Gables, Florida?

Coral Gables, known as "The City Beautiful," boasts an impressive average household income of $190,744 and a median household income of $118,203 annually. Individual salaries average $54,332 per year. Income levels vary significantly by neighborhood, with some areas ranking among the nation's wealthiest. Coral Gables' prosperity is attributed to its highly educated population, with 67% of adults holding a bachelor's degree or higher, more than double the national average.