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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