Vero Beach South, FL Economy


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Vero Beach South, FL is a beautiful city located in South Florida. It is known for its warm weather and stunning beaches, which attract visitors from all over the world. The cost of living is relatively low compared to other cities in the area with two-bedroom rentals averaging only $1,420 each month - slightly lower than the US average of $1,430. Food costs are also quite low in Vero Beach South with a grocery cost index of 104 as opposed to the US average of 100. This makes it an ideal place for those looking to save money while still enjoying a great lifestyle and amenities.
The city is home to many businesses including Publix Supermarkets, Riverside Theatre, Indian River Charter High School, and Vero Beach Regional Airport. With its great schools, abundance of outdoor activities and convenient access to local shops and restaurants, Vero Beach South has something for everyone.

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

Vero Beach South 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 South
- The Sales Tax Rate for Vero Beach South is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Vero Beach South 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 South
- The average income of a Vero Beach South resident is $25,463 a year. The US average is $28,555 a year.
- The Median household income of a Vero Beach South resident is $63,847 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVero Beach South, FloridaUnited States
  5.26
  -5.6%-6.2%
  38.4%33.5%
  7.0%6.2%
  0.0%4.6%
  $34,184$37,638
  $63,847$69,021
  $76,288$85,028
  Population by Occupation
  1.3%1.2%
  0.0%0.5%
  7.6%6.8%
  3.8%10.0%
  0.8%2.5%
  16.7%11.0%
  4.2%4.8%
  0.7%0.8%
  0.5%1.9%
  3.1%4.7%
  3.5%1.9%
  8.2%7.6%
  0.3%0.1%
  3.6%4.2%
  5.0%9.3%
  13.1%14.0%
  4.5%2.1%
  13.9%7.0%
  6.5%4.8%
  2.8%4.7%
Reviews for Vero Beach South
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Florida Population charts show a large difference from your records. As I read stats the city of Vero Beach is Approx 15,000 residents for 2016 and the Population for  More

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