Indian River County, FL Economic Development | 1216 21st St. Vero Beach FL 32960 | directored@indianrivered.com | 772.567.3491

Labor Data

Indian River County is included in a regional labor market (within an hour’s drive time) consisting of four counties to the north and south with approximately 638,000 workers.  Historically, agriculture and tourism are the county’s largest industries. These industries are complimented by an increasing number of firms in the healthcare and information technology industries along with a steady stream of light manufacturing and service sector jobs. Relatively low labor costs and inexpensive building sites, plus the absence of a state income tax, continue to attract industry.  The county's average annual wage is $39,390 (excluding benefits) or $18.94 per hour; Florida's average wage is $45,562 or $21.90 per hour.

If you are looking for employees, CareerSource Research Coast offers employers a variety of services at no charge to the employer, including:  Job Fairs, Employee Screening, and Training for new hires and existing employees.  Call them at 866-482-4473.

INDUSTRY SECTORS

Number of Firms

 

Total Employment

2016 Average Annual Wage

 

2014

2015

2016

  

2014

2015

2016

 

Accommodations, Food Services

307

305

306

 

5,066

5,093

5,473

$19,812

Agriculture, Forestry, & Fishing

91

83

81

 

3,033

971

2,182

$26,624

Arts, Entertainment, Recreation

76

77

75

 

2,246

1,869

2,522

$30,992

Construction

559

588

582

 

2,918

3,326

3,406

$37,804

Educational Services

49

49

50

 

3,143

2,579

3,202

$38,272

Finance, Insurance, Real Estate

501

497

508

 

2,495

2,540

2,615

$80,548

Health Care, Social Assistance

489

487

489

 

8,518

8,764

9,159

$41,340

Information Technology

47

48

51

 

596

566

566

$60,424

Manufacturing

136

139

143

 

2,120

1,861

1,835

$46,332

Professional, Scientific, Technical Services

547

576

580

 

2,193

2,126

2,235

$52,936

Public Administration

46

41

41

 

2,477

2,472

2,482

$47,996

Retail

684

691

676

 

8,178

8,345

8,529

$25,064

Transportation and Warehousing

85

87

89

 

863

917

894

$43,108

Wholesale Trade

159

160

157

 

695

729

685

$159,276

Source: FL Department of Economic Opportunity, Labor Market Statistics, 1st Quarter 2016


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