What is the average salary in Coral Gables, FL?
Salaries in Coral Gables, FL, provide a good income for many job seekers. The average yearly salary sits at around $62,624. This varies by the type of job you choose. Many people work in sectors that pay very well. For example, some earn over $187,000 a year, while others earn around $28,000.
Here are some common salaries:
- Some earn $28,000, like those in office work.
- Others earn $42,500, such as those in retail or service jobs.
- Many earn $57,000, like those in skilled trades.
- Some make $71,500, such as those in management or administration.
- A few earn over $187,000, like those in top executive roles.
What are the best paying jobs in Coral Gables, FL?
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Attorney
Average Salary: $132,251
A career as an attorney involves representing clients in legal cases. In Coral Gables, this can include working with local law firms or government agencies. Responsibilities might include preparing legal documents, conducting research, and presenting cases in court. Well-known firms such as Greenberg Traurig and Akerman LLP are potential employers.
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Financial Advisor
Average Salary: $116,238
Financial advisors help individuals manage their money. They work with clients to create investment plans and retirement strategies. In Coral Gables, this role often involves advising high-net-worth individuals. Advisors might work for firms like Merrill Lynch or Edward Jones, helping clients navigate complex financial landscapes.
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Registered Nurse
Average Salary: $69,891
Registered nurses provide care for patients in various healthcare settings. They work in hospitals, clinics, and home care. A registered nurse in Coral Gables could be involved in patient assessments, administering treatments, and coordinating care. Hospitals such as Baptist Health South Florida offer many opportunities.
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What are the best paying jobs in Coral Gables, FL without a degree?
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Server Assistant
Average Salary: $37,746
This role involves helping servers manage tables and orders. It is a great entry-level position in the food service industry. Local restaurants rely on server assistants to keep dining areas clean and guests happy.
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Line Cook
Average Salary: $36,220
This job involves preparing food quickly and safely. It is a key role in both casual and fine dining establishments. Local chefs depend on line cooks to handle large volumes of orders with precision.
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Housekeeping
Average Salary: $34,734
This position includes cleaning and maintaining guest rooms. It is essential for hospitality businesses. Hotels and resorts rely on housekeepers to ensure a clean and welcoming environment for visitors.
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Server
Average Salary: $33,039
This role involves taking orders and serving food and drinks. It is a vital part of the dining experience. Local restaurants and cafes rely on servers to create a pleasant atmosphere for guests.
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Dishwasher
Average Salary: $31,711
This position requires washing dishes and keeping the kitchen area clean. It is a key role in any food service business. Restaurants and cafes depend on dishwashers to maintain a hygienic environment.
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Service Team Member
Average Salary: $31,479
This job involves greeting guests and providing excellent service. It is important in the hospitality industry. Local businesses rely on service team members to ensure customer satisfaction.
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Barista
Average Salary: $30,681
This role includes preparing and serving coffee and other beverages. It is a popular position in coffee shops and cafes. Local coffee shops rely on baristas to create a welcoming atmosphere for customers.
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Which companies offer the top salaries in Coral Gables, FL?
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Lakeview Loan Servicing
Average Salary: $123,435
Lakeview Loan Servicing offers top-notch services in the mortgage and financial industry. The company values its employees and provides competitive salaries along with professional growth opportunities.
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Northwestern Mutual
Average Salary: $107,768
Northwestern Mutual is a leading financial services company. They focus on helping individuals and businesses achieve their financial goals. The company offers a high average salary for its employees.
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Insurance Office of America
Average Salary: $71,678
Insurance Office of America specializes in insurance solutions. It is known for its strong commitment to its employees, reflected in its competitive salaries.
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Baptist Health South Florida
Average Salary: $70,803
Baptist Health South Florida is a renowned healthcare provider. It offers a supportive work environment and competitive compensation for its staff.
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City of Coral Gables
Average Salary: $68,011
The City of Coral Gables provides various municipal services. It offers stable employment with a good average salary for its employees.
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University of Miami
Average Salary: $56,098
The University of Miami is a leading educational institution. It offers a variety of job opportunities with a respectable average salary for its staff.
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Sunrise Senior Living
Average Salary: $47,671
Sunrise Senior Living is dedicated to providing excellent care for seniors. It offers a decent average salary to its employees.
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Nordstrom
Average Salary: $35,189
Nordstrom is a well-known retailer that values its employees. It offers competitive wages in the retail industry.
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Graziano's Group LLC
Average Salary: $34,538
Graziano's Group LLC is involved in various business ventures. It provides a solid average salary for its employees.
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Domino's
Average Salary: $31,282
Domino's is a popular pizza chain. It offers a decent average salary and a fun work environment for its employees.
How does the cost of living in Coral Gables, FL compare to the national average?
The cost of living index in Coral Gables, Florida, reveals significant variances compared to the nationwide average, which is set at 100. Housing costs in Coral Gables stand at 209, indicating that expenses related to housing are nearly double the national average. This means that residents of Coral Gables face housing costs that are over 100% higher than what would be expected across the country. Such a disparity necessitates that individuals plan their budgets carefully to accommodate these elevated expenses.
In other categories, Coral Gables also shows some areas where costs exceed the national average. For example, groceries cost 110 compared to the nationwide index of 100, reflecting an 11% increase. Utilities in Coral Gables are slightly below the national average at 97, which is a 3% reduction. Transportation costs are at 108, which is 8% higher than the national average. Healthcare costs stand at 105, showing a 5% increase, while miscellaneous expenses are at 115, indicating an 15% increase. These figures highlight the need for a detailed financial assessment when considering a move to Coral Gables.
