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 640,000 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 professional/scientific 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 $54,317 (excluding benefits) or $26.11 per hour; Florida's average wage is $63,670 or $30.61 per hour.
- If you are looking for employees, CareerSource Research Coast offers employers a variety of services, many 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 |
2023 Average Annual Wage |
|||
---|---|---|---|---|---|---|
|
2023 |
2019 |
2023 |
2019 |
||
Accommodations, Food Services |
319 |
308 |
5,756 |
5,508 |
$26,321 |
|
Agriculture, Forestry, & Fishing |
72 |
70 |
854 |
1,860 |
$44,794 |
|
Arts, Entertainment, Recreation |
106 |
89 |
2,474 |
2,275 |
$42,2223 |
|
Construction |
753 |
695 |
4,620 |
4,438 |
$51,587 |
|
Educational Services |
58 |
45 |
2,944 |
2,757 |
$52,312 |
|
Finance, Insurance, Real Estate |
1,010 |
555 |
2,840 |
2,488 |
$63,370 |
|
Health Care, Social Assistance |
1,804 |
554 |
9,840 |
9,686 |
$69,625 |
|
Information Technology |
131 |
65 |
400 |
540 |
$66,065 |
|
Manufacturing |
166 |
133 |
2,260 |
2,283 |
$51,654 |
|
Professional, Scientific, Technical Services |
912 |
615 |
2,820 |
2,443 |
$69,559 |
|
Public Administration |
38 |
42 |
2,448 |
2,538 |
$60,867 |
|
Retail |
638 |
657 |
8,807 |
8,198 |
$36,062 |
|
Transportation and Warehousing |
106 |
95 |
1,190 |
1,043 |
$49,235 |
|
Wholesale Trade |
168 |
161 |
1,262 |
865 |
$111,102 |
|
Source: FloridaCommerce, Bureau of Workforce Statistics and Economic Research, 12/2023 |