Zip 32966 (West Vero Corridor, FL) Economy


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The small city of 32966 West Vero Corridor, FL is a great place to live, with an affordable 2 Bedroom Rent of $1,360 compared to the US average of $1,430. The local economy is thriving thanks to many businesses located in the area. Major companies within this city include Wal-Mart, Starbucks, AT&T and Publix. There are also numerous smaller companies such as nail salons, restaurants, banks and gas stations that contribute to the economic stability of the community. These local businesses offer essential services and provide job opportunities for locals. Furthermore, grocery prices are close to the national average with a Grocery Cost Index of 105 versus 100 in the US. This makes it easier for residents to afford everyday items which further strengthens their financial standing within the community.

West Vero Corridor (zip 32966) has an unemployment rate of 5.2%. The US average is 6.0%.

West Vero Corridor (zip 32966) 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 (zip 32966)
- The Sales Tax Rate for West Vero Corridor (zip 32966) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Vero Corridor (zip 32966) 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 (zip 32966)
- The average income of a West Vero Corridor (zip 32966) resident is $29,741 a year. The US average is $28,555 a year.
- The Median household income of a West Vero Corridor (zip 32966) resident is $57,851 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%
  $36,213$37,638
  $57,851$69,021
  $76,372$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  8.5%6.8%
  6.9%10.0%
  3.5%2.5%
  14.4%11.0%
  4.3%4.8%
  1.2%0.8%
  1.3%1.9%
  4.3%4.7%
  3.7%1.9%
  9.5%7.6%
  0.4%0.1%
  4.9%4.2%
  6.9%9.3%
  12.7%14.0%
  4.2%2.1%
  7.0%7.0%
  3.7%4.8%
  1.5%4.7%
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