What to know when moving to Vero Beach, FL
TL;DR: Vero Beach at a Glance
- The Vibe:
- A place where 43.1% of residents rent and the median household income is $52,350.
- The Major Draw:
- Access to the nearby South Beach Park, rated 4.8 with nearly 3,000 reviews.
- The Reality Check:
- With a poverty rate of 15.2%, affordability can be a challenge for some.
- Commute:
- Only 0.5% of residents use public transit.
- Top Tip:
- Budget for a median rent of $1,171 per month.
The 'Vibe' Check: Who Thrives Here?
Vero Beach has a population of about 24,697, with 24.8% of residents holding a bachelor's degree or higher. The community skews towards renters, as 43.1% of housing is occupied by tenants. With an annual precipitation of nearly 43 inches and 125 rainy days, it is wise to invest in rain gear. The local cost of living may be a concern, especially with a poverty rate of 15.2%.
Probably not your spot if you are looking for a strong public transit system, as only 0.5% of residents commute via transit.
Your Money: Housing & Cost Snapshot
- Median rent stands at $1,171, while the median home value is $254,400, which indicates a relatively affordable housing market compared to many areas.
- About 24.8% of residents have a bachelor's degree or higher, suggesting a moderately educated community.
- The poverty rate is 15.2%, reflecting some economic challenges within the area.
- With 43.1% of residents renting, there are plenty of rental options available.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Schools & Higher Ed
Vero Beach residents have access to nearby educational institutions. There are 2 postsecondary institutions in the region, including:
- Treasure Coast Technical College in Vero Beach
- Aviator College of Aeronautical Science and Technology in nearby Fort Pierce
Source: ArcGIS Postsecondary School Locations, NCES, College Scorecard.
Weather & Getting Outside
Indian River County experiences an annual rainfall of about 42.8 inches, spread across 125 rainy days. The region has a notable mix of outdoor spaces to enjoy.
- South Beach Park - 4.8 rating from nearly 3,000 reviews
- Humiston Beach Park - 4.7 rating from over 1,100 reviews
- The National Navy UDT-SEAL Museum - 4.8 rating from over 2,500 reviews
Sources: NOAA Climate Data Online, Google Places.
Jobs & the Local Economy
In Indian River County, the unemployment rate is currently at 5.5%, with a labor force of about 67,845 people. This reflects a local economy that is actively seeking employment opportunities.
- Employed: 64,091 individuals
- Unemployed: 3,754 individuals
Source: Bureau of Labor Statistics, Local Area Unemployment Statistics.