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Vero Lake Estates, FL

Full City Profile · Florida · Indian River County County

2.9 /5.0
C+ Fair
6,262 Population 1,853/sq mi density
$63,487 Median Income $30,076 per capita
$293,500 Home Value $343,439 Zillow
$1,882 Median Rent 51.0% income on rent
73°F Avg Temperature 330 sunny days/yr
170 Violent Crime/100K 2,023 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$63,487 median income, 2.7% unemployment
A
Affordability
4.1 / 5.0
$293,500 home value, $1,882/mo rent
F
Safety
1.0 / 5.0
170 violent crimes/100K
C+
Education
2.6 / 5.0
19.4% bachelor's degree or higher

Income Overview

Median Household Income
$63,487
16% below
US avg: $75,149
Per Capita Income
$30,076
23% below
US avg: $39,052
Unemployment Rate
2.7%
25% below
US avg: 3.6%
Poverty Rate
12.8%
3% above
US avg: 12.4%

Income Comparison: Vero Lake Estates vs. U.S. Average

Each bar shows Vero Lake Estates’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$63,487
84%
Per Capita
US: $39,052
$30,076
77%
IRS Avg AGI
US: $72,000
$146,925
204%
Avg Weekly Wage
US: $1,432
$1,115
78%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,115
22% below US avg ($1,432)
Mean Commute Time
25 min
11% below US avg (28 min)
Work From Home
6.8%
55% below US avg (15.2%)
Drive Alone
76.7%
5% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$11,152M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 76.7%
Public Transit 0%
Work From Home 6.8%
Other 16.5%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
5,868
Restaurants
316
Healthcare
560
Retail
612
Manufacturing
104

Tax & Financial

IRS Avg Adjusted Gross Income
$146,925
104% above US avg ($72,000)
Avg Property Tax
$15,815
352% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$63,487
Per Capita Income$30,076
IRS Avg Adjusted Gross Income$146,925
Avg Weekly Wage$1,115
County GDP$11,152M

Hardship Indicators

Unemployment Rate2.7%
Poverty Rate12.8%
Gini Coefficient0.507
Cost of Living Index103.4

Commute

Mean Commute25 minutes
Drive Alone76.7%
Public Transit0.0%
Work From Home6.8%

Businesses

Total Establishments5,868
Restaurants316
Healthcare560
Retail612
Manufacturing104

Tax

IRS Avg AGI$146,925
Avg Property Tax$15,815