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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 $47,113 (excluding benefits) or $22.65 per hour; Florida's average wage is $55,845 or $26.85 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

2019 Average Annual Wage

 

2017

2018

2019

  

2017

2018

2019

 

Accommodations, Food Services

306

309

308

 

5,473

5,812

5,508

$20,280 ($9.75/hour)

Agriculture, Forestry, & Fishing

85

78

70

 

2,182

1,869

1,860

$28,392 ($13.65/hour)

Arts, Entertainment, Recreation

75

90

89

 

2,522

2,593

2,275

$34,164 ($15.43/hour)

Construction

582

624

695

 

3,406

3,847

4,438

$43,004 ($20.67/hour)

Educational Services

49

50

45

 

3,202

3,210

2,757

$39,624 ($19.05/hour)

Finance, Insurance, Real Estate

508

517

555

 

2,615

2,475

2,488

$77,648 ($37.85/hour)

Health Care, Social Assistance

489

514

554

 

9,159

9,442

9,686

$47,840 ($23.00/hour)

Information Technology

51

53

65

 

566

567

540

$60,739 ($29.20/hour)

Manufacturing

143

138

133

 

1,835

1,948

2,283

$52,260 ($25.12/hour)

Professional, Scientific, Technical Services

580

595

615

 

2,235

2,271

2,443

$54,496 ($26.20/hour)

Public Administration

41

42

42

 

2,482

2,516

2,538

$53,248 ($25.60/hour)

Retail

676

677

657

 

8,529

8,524

8,198

$28,352 ($13.63/hour)

Transportation and Warehousing

89

92

95

 

894

1,020

1,043

$42,276 ($20.38/hour)

Wholesale Trade

155

163

161

 

685

714

865

$180,815 ($86.93/hour)

Source: FL Department of Economic Opportunity, Labor Market Statistics, 3rd Quarter 2019


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