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EconPulse

Local economy signal dashboard

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PLACEThriving

Vero Beach South, FL

Thriving overall. Federal Funds is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score70out of 100
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84
42
85
70
100

Population

30,344

Data freshness

Unknown

GDP / Output

+6.4% YoY

84

$11.2B

Output changed +6.4% in 2024.

Vintage date unknown

State growth6.3%
U.S. growth5.3%

Jobs

Unemployment rate

42

5.6%

Unemployment is 5.6% for June 2026.

Vintage date unknown

State avg4.8%
U.S. avg5.2%

Population

+5.8% 5-year

85

30,344

Population moved +5.8% over the latest ACS window.

Vintage date unknown

State population22,416,077
U.S. population334,922,499

Housing

Rent share of income

70

21.5%

Median rent consumes 21.5% of median household income: Affordable.

Vintage date unknown

State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$11.4K per resident

100

$1.8B

$1.8B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$325.0B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.8B

$11.4K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.6B
2. Department of Veterans Affairs$141.7M
3. Department of Transportation$66.3M

Top recipients

Dollars
1. STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION$64.7M
2. TREASURE COAST COMMUNITY HEALTH, INC.$5.1M
3. REDACTED DUE TO PII$4.8M

Affordable

Housing Affordability

21.5%

of median income

1BR estimate$1,077
2BR estimate$1,419
Median income$73,420
Median home value$335,200

ACS context

Quick Facts

Population

30,344

Median age

48.8

Bachelor's degree+

29.2%

Poverty rate

9.1%

Labor force participation

56.0%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

June 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-31

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+1.1%

GDP CAGR

+8.3%

Federal flow

5 years

Population (5 years)
202028,676
202129,506
202229,965
202329,365
202430,344
GDP (5 years)
2020$7.5B
2021$8.8B
2022$9.5B
2023$10.5B
2024$11.2B

2-year linear forecast

Predictive Outlook

Population forecast

202430,344
202530,530 *
202630,849 *

R² = 63.8% · * projected

GDP forecast

2024$11.2B
2025$12.2B *
2026$13.1B *

R² = 98.7% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$73,420/yr
Median rent$1,314/mo
Rent share of income21.5%
Est. mortgage (30yr, 6.5%)$20,339/yr
Mortgage share of income27.7%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate5.6%
State avg4.8%
U.S. avg5.2%
Labor force participation56.0%
Poverty rate9.1%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$335,200
Median monthly rent$1,314
Price-to-rent ratio21.3x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateStrong
Composite score70/100
Economic growth84/100
Labor market42/100
Population momentum85/100
Overall stability70/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Vero Beach South CDP, Florida

City/Town

Part of

Sebastian-Vero Beach-West Vero Corridor, FL

Nearby locations

Vero Beach, FLFlorida Ridge, FLWest Vero Corridor, FLGifford, FLLakewood Park, FL