Zip 32960 (Vero Beach, FL) Economy


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Vero Beach, FL is an idyllic coastal city located in 32960 zip code. The 2 bedroom rent here is $1,170 per month, which is cheaper than the US average of $1,430 per month. Also the Grocery Cost Index in this area is 103 compared to 100 in the US.
Vero Beach has many local companies such as Vero Beach Ace Hardware and Indian River Furniture Outlet that cater to both its residents and tourists alike. There are also unique attractions like McKee Botanical Garden and McLarty Treasure Museum that attract locals as well as tourists from all over the world. Furthermore, there is great beach access with widely known beaches such as South Beach Park or Riverside Park offering spectacular views of the oceanfront and a variety of outdoor activities for all to enjoy.

Vero Beach (zip 32960) has an unemployment rate of 5.2%. The US average is 6.0%.

Vero Beach (zip 32960) 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 (zip 32960)
- The Sales Tax Rate for Vero Beach (zip 32960) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Vero Beach (zip 32960) 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 (zip 32960)
- The average income of a Vero Beach (zip 32960) resident is $23,037 a year. The US average is $28,555 a year.
- The Median household income of a Vero Beach (zip 32960) resident is $45,111 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%
  $31,961$37,638
  $45,111$69,021
  $64,489$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  8.8%6.8%
  3.5%10.0%
  3.6%2.5%
  20.7%11.0%
  4.0%4.8%
  0.3%0.8%
  0.2%1.9%
  2.2%4.7%
  4.7%1.9%
  6.0%7.6%
  0.1%0.1%
  4.6%4.2%
  6.4%9.3%
  12.6%14.0%
  3.5%2.1%
  9.8%7.0%
  5.0%4.8%
  3.4%4.7%
Health