5 Fastest Declining Cities in Florida

In this article, we will take a look at the 5 fastest declining cities in Florida. If you would like to read our discussion on the state’s economy, you can go to the 12 Fastest Declining Cities in Florida.

5. Coral Gables City

Population Change: -1.1%

In Coral Gables City, the average household income is approximately $190,744, and the reported poverty rate is 9.54%. The racial composition of the city is predominantly White at 62%, Two or more races at 27.47%, Black or African American at 4.01%, Asian at 3.59%, Other race at 2.9%, and Native American at 0.02%. Among the racial groups in Coral Gables, Black individuals have a higher likelihood of facing poverty, with 48.72% below the poverty level currently.