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 515,000 workers.  Historically, agriculture and tourism were the county’s largest industries. These industries are now 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 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

2015 Average Annual Wage

 

2013

2014

2015

  

2013

2014

2015

 

Accommodations, Food Services

302

307

305

 

4,736

5,066

5,093

$18,772

Agriculture, Forestry, & Fishing

86

91

83

 

2,309

3,033

971

$39,520

Arts, Entertainment, Recreation

73

76

77

 

1,961

2,246

1,869

$32,656

Construction

566

559

588

 

2,900

2,918

3,326

$38,532

Educational Services

48

49

49

 

2,826

3,143

2,579

$32,604

Finance, Insurance, Real Estate

500

501

497

 

2,230

2,495

2,540

$58,370

Health Care, Social Assistance

484

489

487

 

8,401

8,518

8,764

$43,576

Information Technology

46

47

48

 

639

596

566

$55,796

Manufacturing

131

136

139

 

1,802

2,120

1,861

$46,384

Professional, Scientific, Technical Services

548

547

576

 

2,128

2,193

2,126

$57,616

Public Administration

48

46

41

 

2,514

2,477

2,472

$49,036

Retail

684

684

691

 

7,988

8,178

8,345

$25,272

Transportation and Warehousing

85

85

87

 

870

863

917

$43,160

Wholesale Trade

162

159

160

 

695

695

729

$59,228

Source: FL Department of Economic Opportunity, Labor Market Statistics, 3rd Quarter 2015


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