Vero Beach, FL Economy


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Vero Beach, FL is a popular destination for those looking to enjoy the sunshine and beaches of Florida's east coast. The cost of living in Vero Beach is very reasonable, with two bedroom rents averaging $1,380 compared to the US average of $1,430. Grocery costs are also below the national average index score at 107 versus 100 in the US. This makes it easy for residents and visitors alike to take advantage of all that Vero Beach has to offer. Local companies such as Riverside Cafe, McKee Botanical Garden, and Dodgertown Golf Club provide fun activities for tourists and locals alike. With its charming atmosphere and lower cost of living, there's no doubt that Vero Beach is a great place to visit or live!

Vero Beach has an unemployment rate of 5.2%. The US average is 6.0%.

Vero Beach has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.

Tax Rates for Vero Beach
- The Sales Tax Rate for Vero Beach is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Vero Beach is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Vero Beach
- The average income of a Vero Beach resident is $35,595 a year. The US average is $28,555 a year.
- The Median household income of a Vero Beach resident is $54,311 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVero Beach, FloridaUnited States
  5.26
  -5.6%-6.2%
  38.4%33.5%
  7.0%6.2%
  0.0%4.6%
  $52,524$37,638
  $54,311$69,021
  $83,904$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  7.9%6.8%
  4.4%10.0%
  5.6%2.5%
  19.2%11.0%
  1.6%4.8%
  0.0%0.8%
  0.3%1.9%
  2.7%4.7%
  6.6%1.9%
  8.5%7.6%
  0.2%0.1%
  4.0%4.2%
  7.9%9.3%
  11.4%14.0%
  3.3%2.1%
  6.4%7.0%
  5.1%4.8%
  4.0%4.7%
Reviews for Vero Beach
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I grew up in Miami, BEFORE you had to wear a bullet proof vest to live there! I have lived in 9 other states and moved back to Fla over 2 years ago. First to Naples  More

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Over 12 years ago

Thanks for sharing fun facts about Vero Beach but more over: Let it be boring....no fun...no bars... After all...where ever the so called "fun" is... rest  More

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Over 12 years ago

relocating to vero beach, understand quite laid back, what to do, we enjoy endlessly, cards, majong, board games, semi formal dinner dances, are we in the right place,  More

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