West Vero Corridor, FL Economy


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West Vero Corridor, FL is a beautiful area located in the heart of Central Florida. The city is known for its vibrant culture and diverse population. The area has a variety of restaurants, shops, and entertainment venues, such as Universal Studios Orlando, SeaWorld Orlando, and Gatorland Zoo. In addition to these great attractions, West Vero Corridor offers affordable housing with average two bedroom rent at $1,340 compared to the national average of $1,430. Furthermore, groceries are more affordable in West Vero Corridor with a Grocery Cost Index of 105 versus 100 in the US. Popular companies that call West Vero Corridor home include Publix Super Markets Inc., Florida's Natural Growers LLC., and Winn-Dixie Stores Inc. With its diverse culture and affordability in housing and groceries West Vero Corridor is an attractive location for families wanting to live in Central Florida.

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

West Vero Corridor 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 West Vero Corridor
- The Sales Tax Rate for West Vero Corridor is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Vero Corridor 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 West Vero Corridor
- The average income of a West Vero Corridor resident is $27,569 a year. The US average is $28,555 a year.
- The Median household income of a West Vero Corridor resident is $51,998 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Vero Corridor, FloridaUnited States
  5.26
  -5.6%-6.2%
  38.4%33.5%
  7.0%6.2%
  0.0%4.6%
  $36,383$37,638
  $51,998$69,021
  $77,708$85,028
  Population by Occupation
  2.2%1.2%
  0.0%0.5%
  3.6%6.8%
  4.3%10.0%
  6.4%2.5%
  16.0%11.0%
  4.0%4.8%
  2.5%0.8%
  2.7%1.9%
  4.7%4.7%
  4.0%1.9%
  15.3%7.6%
  0.0%0.1%
  3.2%4.2%
  8.1%9.3%
  9.9%14.0%
  1.5%2.1%
  6.6%7.0%
  3.7%4.8%
  1.3%4.7%
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