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 $40,976 (excluding benefits) or $19.70 per hour; Florida's average wage is $49,348 or $23.73 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

2017 Average Annual Wage

 

2015

2016

2017

  

2015

2016

2017

 

Accommodations, Food Services

305

306

309

 

5,093

5,473

5,812

$20,280 ($9.75/hour)

Agriculture, Forestry, & Fishing

83

85

78

 

971

2,182

1,869

$28,392 ($13.65/hour)

Arts, Entertainment, Recreation

77

75

90

 

1,869

2,522

2,593

$34,164 ($15.43/hour)

Construction

588

582

624

 

3,326

3,406

3,847

$39,988 ($19.23/hour)

Educational Services

49

49

50

 

2,579

3,202

3,210

$39,260 ($18.88/hour)

Finance, Insurance, Real Estate

497

508

517

 

2,540

2,615

2,475

$76,648 ($36.85/hour)

Health Care, Social Assistance

487

489

514

 

8,764

9,159

9,442

$45,708 ($21.98/hour)

Information Technology

48

51

53

 

566

566

567

$59,332 ($28.53/hour)

Manufacturing

139

143

138

 

1,861

1,835

1,948

$51,324 ($24.68/hour)

Professional, Scientific, Technical Services

576

580

595

 

2,126

2,235

2,271

$54,496 ($26.20/hour)

Public Administration

41

41

42

 

2,472

2,482

2,516

$49,712 ($23.90/hour)

Retail

691

676

677

 

8,345

8,529

8,524

$27,352 ($13.15/hour)

Transportation and Warehousing

87

89

92

 

917

894

1,020

$42,380 ($20.38/hour)

Wholesale Trade

160

157

163

 

729

685

714

$179,816 ($86.45/hour)

Source: FL Department of Economic Opportunity, Labor Market Statistics, 1st Quarter 2017


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