Census tract · Miami-Dade County
Census Tract 62.03, Miami-Dade County, Florida
Census Tract 62.03, GEOID 12086006203, in Miami-Dade County, Florida, entirely within Coral Gables. 2,711 residents in the ACS 2020-2024 5-year estimates (±572); the 2020 Census counted 2,155.
Residents, 2020-2024
2,711
±572 (90% margin)
2020 Census count: 2,155
Median household income
$114,258
±$35,783 (90% margin)
Miami-Dade County: $71,753
Median home value
$669,600
±$123,791 (90% margin)
Miami-Dade County: $463,000
Median gross rent
$1,883
±$146 (90% margin)
Miami-Dade County: $1,829
Where is Census Tract 62.03?
Census Tract 62.03 is one of 707 census tracts in Miami-Dade County, Florida. It covers 0.37 square miles of land, 5,824 residents per square mile in 2020. Its GEOID, 12086006203, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Coral Gables | 100% |
5 census tracts border Census Tract 62.03: Tract 61.04 ($195,588), Tract 62.06 ($122,679), Tract 70.04 ($73,915), Tract 70.06 ($61,757) and Tract 74.02 ($145,765). The figure in brackets is each tract's median household income.
Whether a tract counts as low- or moderate-income for bank lending (the Community Reinvestment Act) is set by the FFIEC against its metro area's family income: look it up in the FFIEC census geocoder.
Source: 2024 Gazetteer and 2020 block assignment files, U.S. Census Bureau · Census reference files
How many people live in Census Tract 62.03?
The 2020-2024 American Community Survey puts Census Tract 62.03's population at 2,711 (±572) in 1,341 households; the 2020 Census counted 2,155 residents and 1,406 housing units.
| Measure | Tract 62.03 | Coral Gables |
|---|---|---|
| Total population | 2,711±572 | 49,802 |
| Households | 1,341±189 | 19,210 |
| Average household size | 2.00±0.30 | 2.28 |
| Housing units | 1,501±186 | 22,020 |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 Census P.L. 94-171 · Check it at data.census.gov
Who lives in Census Tract 62.03?
The median resident of Census Tract 62.03 is 44.2 years old; 18.8% are under 18 and 22.9% are 65 or older. The largest group is Hispanic or Latino residents (of any race) at 59.9%, then non-Hispanic white residents at 33.2%. 50.4% of residents were born outside the United States.
| Measure | Tract 62.03 | Coral Gables |
|---|---|---|
| Median age | 44.2±7.6 | 39.1 |
| Under 18 years | 18.8%±6.6 pts | 17.2% |
| 65 years and over | 22.9%±7.6 pts | 18.9% |
| Hispanic or Latino (any race) | 59.9%±9.1 pts | 56.6% |
| White alone, not Hispanic | 33.2%±9.0 pts | 32.3% |
| Black or African American alone, not Hispanic | 0.6%±0.3 pts | 3.7% |
| Asian alone, not Hispanic | 3.4%±2.8 pts | 3.1% |
| American Indian and Alaska Native alone, not Hispanic | 0.0%±1.9 pts | 0.0% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0%±1.9 pts | 0.0% |
| Two or more races, not Hispanic | 1.4%±1.5 pts | 3.5% |
| Some other race alone, not Hispanic | 1.5%±1.6 pts | 0.7% |
| Born outside the United States | 50.4%±7.2 pts | 37.7% |
| Speak a language other than English at home (age 5+) | 70.1%±7.6 pts | 60.7% |
| Civilian veterans (age 18+) | 3.2%±2.2 pts | 2.5% |
| With a disability | 8.9%±4.1 pts | 7.5% |
| No health insurance coverage | 3.6%±2.8 pts | 4.5% |
| High school graduate or higher (age 25+) | 99.1%±0.9 pts | 96.9% |
| Bachelor's degree or higher (age 25+) | 74.4%±7.9 pts | 73.6% |
| Graduate or professional degree (age 25+) | 47.3%±10.3 pts | 41.5% |
| Lived in the same house a year earlier | 84.3%±7.8 pts | 80.7% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov
What do households in Census Tract 62.03 earn?
Half of the 1,341 households in Census Tract 62.03 earn less than $114,258 a year (±$35,783), against $71,753 across Miami-Dade County: 109th highest of the county's 662 tracts with a reliable estimate. 12.8% of residents live below the poverty line.
| Measure | Tract 62.03 | Coral Gables |
|---|---|---|
| Median household income | $114,258±$35,783 | $134,216 |
| Mean household income | $202,440±$61,018 | $222,464 |
| Per capita income | $107,955±$31,471 | $87,693 |
| People below the poverty line | 12.8%±5.6 pts | 9.4% |
| Children under 18 below the poverty line | 21.4%±16.6 pts | 7.5% |
| Households receiving SNAP | 3.0%±2.6 pts | 4.0% |
| Households with a computer | 99.3%±1.3 pts | 98.1% |
| Households with a broadband subscription | 96.5%±2.8 pts | 95.2% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What does housing cost in Census Tract 62.03?
Owners occupy 38.3% of Census Tract 62.03's occupied homes and renters 61.7%. The median owner-occupied home is valued at $669,600 by its owner (±$123,791). The median renter pays $1,883 a month including utilities, and 40.1% of renters pay 35% or more of their income on rent.
| Measure | Tract 62.03 | Coral Gables |
|---|---|---|
| Median home value (owner-occupied) | $669,600±$123,791 | $1,089,900 |
| Median gross rent | $1,883±$146 | $2,373 |
| Renters paying 35% or more of income on rent | 40.1%±12.5 pts | 47.2% |
| Median monthly owner costs, with a mortgage | $3,246±$515 | $4,000 or more |
| Owner-occupied homes | 38.3%±8.9 pts | 64.5% |
| Renter-occupied homes | 61.7%±8.9 pts | 35.5% |
| Housing units | 1,501±186 | 22,020 |
| Single-family detached homes | 13.9%±4.0 pts | 49.7% |
| Mobile homes | 0.0%±3.4 pts | 0.2% |
| Built 2020 or later | 5.4%±4.3 pts | 3.3% |
| Built 2010 to 2019 | 14.5%±6.7 pts | 10.6% |
| Built 1939 or earlier | 9.3%±6.2 pts | 9.9% |
| Households with no vehicle | 10.2%±5.3 pts | 6.3% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov
How do people in Census Tract 62.03 get to work?
62.7% of Census Tract 62.03's workers drive alone and 20.8% work from home. The average trip to work takes 20.5 minutes.
| Measure | Tract 62.03 | Coral Gables |
|---|---|---|
| In the labor force (age 16+) | 71.5%±7.5 pts | 58.7% |
| Unemployment rate | 2.7%±2.6 pts | 3.6% |
| Drove alone to work | 62.7%±13.9 pts | 61.9% |
| Carpooled | 3.4%±3.3 pts | 5.0% |
| Public transportation | 2.0%±2.1 pts | 1.3% |
| Walked | 9.0%±9.2 pts | 6.1% |
| Worked from home | 20.8%±7.7 pts | 22.6% |
| Mean travel time to work | 20.5 min±3.8 | 23.8 min |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
How does Census Tract 62.03 compare with the other tracts in Miami-Dade County?
Among Miami-Dade County's tracts with a reliable estimate, Census Tract 62.03 ranks as shown below (1 = highest).
| Measure | In Miami-Dade County | In Coral Gables |
|---|---|---|
| Population | 548th of 697 | 10th of 18 |
| Residents per square mile | 528th of 706 | 6th of 18 |
| Median household income | 109th of 662 | 15th of 17 |
| Per capita income | 29th of 695 | 6th of 18 |
| Median home value | 93rd of 650 | 14th of 16 |
| Median gross rent | 327th of 641 | 13th of 15 |
| Poverty rate | 294th of 451 | 3rd of 9 |
| Bachelor's degree or higher | 36th of 680 | 10th of 17 |
| Median age | 271st of 696 | 11th of 18 |
| Owner-occupied share | 508th of 661 | 16th of 17 |
The tracts next to it on Miami-Dade County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 106.04 | 106th | $114,906±$33,362 · within the margin of this tract |
| Tract 153 | 107th | $114,514±$24,633 · within the margin of this tract |
| Tract 39.19 | 108th | $114,505±$65,993 · within the margin of this tract |
| Tract 62.03 | 109th | $114,258±$35,783 |
| Tract 161 | 110th | $114,138±$21,306 · within the margin of this tract |
| Tract 77.06 | 111th | $112,063±$48,110 · within the margin of this tract |
| Tract 85.02 | 112th | $112,024±$22,712 · within the margin of this tract |
"Within the margin": the two incomes differ by less than their combined 90% margins, so the survey cannot say which is higher and the ranks between them are not firm.
Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) · How ranks are computed
How reliable are the figures for Census Tract 62.03?
1 of the 18 figures for Census Tract 62.03 on this page carries a coefficient of variation over 40% and is marked with a ring: they come from a small sample, so read them as rough.
A census tract's figures rest on a few hundred sampled households over five years, so its margins are wider than a city's. Two tracts differ only when the gap between them is larger than their combined 90% margin (the square root of the sum of the two squared margins). How to read a margin of error.
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · Check it at data.census.gov
How these figures are made: methodology and release checks · reading a margin of error · every state · corrections