Living in Vero Beach, Florida

Cost of living, income, home prices, rent and demographics of Vero Beach · Census data 2020–2024

Vero Beach has 17,042 residents with a median age of 52.5. The median household income is $69,758 (6% lower than the Florida median), the median home value is $391,900, the median rent is $1,221/month.

Vero Beach at a glance

Population
17,042
Median age
52.5State: 42.6
Median household income
$69,758State: $74,568
Median home value
$391,900State: $359,000
Median rent
$1,221/moState: $1,669
Homeowners
64.4%
Bachelor's degree or higher
39.1%
Average commute
18 min

Is Vero Beach a good place to live?

Pros: An average commute of 18 minutes; unemployment of 3.4%.

Cons: Median household income 6% lower than the Florida median; home values 9% higher than the state median; a poverty rate of 16.1%.

The weather is best in February–March and November–December.

Cost of living in Vero Beach

Housing is the biggest part of the cost of living. In Vero Beach the median home value is $391,900, 18% higher than the U.S. median. Renters pay a median of $1,221 per month, which is 32.1% of household income. Homeowners with a mortgage pay $1,988 a month in housing costs.

Median home value

Vero Beach$391,900
Florida$359,000
United States$332,700

Median monthly rent

Vero Beach$1,221
Florida$1,669
United States$1,413

Vero Beach median household income

The median household income in Vero Beach is $69,758 and the income per person is $58,674. 16.1% of residents live below the poverty line (Florida: 12.6%).

Median household income

Vero Beach$69,758
Florida$74,568
United States$80,734

Housing in Vero Beach: homes for sale and rent

Housing units
10,375
Owner-occupied
64.4%
Renter-occupied
35.6%
Vacant
27.9%Includes seasonal homes
Median year built
1976
Average household size
2.24

Vero Beach demographics

Population
17,042
Median age
52.5
Under 18
13.7%
65 and older
28.9%
Households
7,484
Foreign-born
13%
Veterans
8.4%Adults 18+

Race and ethnicity

White73.1%
Hispanic or Latino11.6%
Black9.2%
Asian2%

Hispanic or Latino can be of any race. Population history of Vero Beach ›

Education in Vero Beach

39.1% of adults 25 and older in Vero Beach have a bachelor's degree or higher (Florida: 34.1%), and 16.4% have a graduate or professional degree.

Bachelor's degree or higher

Vero Beach39.1%
Florida34.1%
United States35.7%

Jobs and commute in Vero Beach

Unemployment rate
3.4%State: 4.8%
Average commute
18 minState: 28 min
Work from home
15.7%
Drive alone
68.2%
Public transit
1%
Walk to work
1.4%
Homes with broadband
91.1%

Vero Beach vs nearby towns

TownPopulationMedian incomeHome valueRent
Vero Beach17,042$69,758$391,900$1,221
Gifford4,668$33,175$236,000$892
Vero Beach South30,344$73,420$335,200$1,314
Indian River Shores4,386$156,037$1,132,000$2,185
Florida Ridge20,889$66,625$287,900$1,342
Winter Beach4,985$92,394$472,200$2,295
West Vero Corridor10,461$61,927$216,400$1,706
South Beach3,063$193,594$900,700$3,501
Wabasso Beach2,262$115,739$654,100—

More for people moving to Vero Beach

Vero Beach ZIP code ›Weather and climate ›

Living in Vero Beach: FAQ

What is the median household income in Vero Beach, FL?

The median household income in Vero Beach is $69,758, 6% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Vero Beach?

The median home value in Vero Beach is $391,900, compared with $359,000 in Florida.

How much is rent in Vero Beach?

The median gross rent in Vero Beach is $1,221 per month, about 32.1% of household income.

Is Vero Beach, FL a good place to live?

Pluses: an average commute of 18 minutes; unemployment of 3.4%. Minuses: median household income 6% lower than the Florida median; home values 9% higher than the state median; a poverty rate of 16.1%.

What is the median age in Vero Beach?

The median age in Vero Beach is 52.5 years (Florida: 42.6).

How long is the commute in Vero Beach?

The average commute to work in Vero Beach is 18 minutes; 15.7% of workers work from home.

What is the unemployment rate in Vero Beach?

The unemployment rate in Vero Beach is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Vero Beach?

39.1% of adults in Vero Beach have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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