Indian River County Real Estate - Vero Beach

Vero Beach is in South East Florida. It's population as recorded in the 2010 Census was 15,220. Vero Beach is approximately 25 miles from Port Saint Lucie (population 164,603) and around 30 miles from Palm Bay (population 103,190).

The median age for residents of Vero Beach is 50.9. Around 18.5% of Vero Beach households include school aged children and 42.3% of households include individuals aged 65 years or over. Census records indicate 87.4% of the Vero Beach population are White, 4.8% are Black or African American, .2% American Indian, 1.8% Asian and 1.7% are Two or more Races.

There are 10,258 housing units in Vero Beach. 2,753 (26.8%) of these were reported as vacant in the 2010 Census. Vero Beach is a tourist destination, 41.4% (1,141) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 3,741 residential rental units in Vero Beach. 2,828 of them were occupied in 2010 providing a residential rental vacancy rate of 23.7%.

Vero Beach links:

Indian River County

Indian River County is part of the southeast region of Florida, along with St. Lucie, Miami-Dade, Palm Beach, Broward, Martin, and Monroe counties. Cities in Indian River County are Vero Beach (county seat), Sebastian, Fellsmere, Indian River Shores, and Orchid. The county?s population is over 135,000 people. Indian River is one of the wealthiest counties in the state and in the nation.

Indian River County has targeted clean energy, information technology, aviation/aerospace, and financial/professional services as its industries for expansion. Major private sector employers are Indian River Medical Center, Publix Supermarkets, Piper Aircraft Inc., Sebastian River Medical Center, and John's Island. Public sector employers are School District of Indian River County, Indian River County, City of Vero Beach, and City of Sebastian.

As with most counties along the treasure coast, tourism is a major industry. Agriculture also plays a large part in Indian River County's economy. Resources produced here include citrus, beef, and honey. Because so much of the economy revolves around agriculture, unemployment is often high in summer months.

The most populous city is Sebastian, home to 22,000. Sebastian Airport is headquarters for Velocity Aircraft. The city is also home to an Indian River State College campus.

Over 15,000 people live in Vero Beach, the seat of Indian River County. One of the largest employers in the county is Piper Aircraft, which maintains their general aviation production facility and headquarters in the city. Vero Beach is a tourist destination, known for golfing, fishing, and surfing. It also hosts a Disney resort.

Neighboring Properties

AddressTypeSq FtClass 
4908 Wood Duck Cir Condominium 1,471 B
4912 Wood Duck Cir Condominium 1,352 B
4906 Wood Duck Cir Condominium 1,471 B
4836 Wood Duck Cir Condominium 1,471 B
4834 Wood Duck Cir Condominium 1,616 B
4838 Wood Duck Cir Condominium 1,670 B
4914 Wood Duck Cir Condominium 1,616 B
4904 Wood Duck Cir Condominium 1,471 B
4916 Wood Duck Cir Condominium 1,471 B
4832 Wood Duck Cir Condominium 1,352 B
4840 Wood Duck Cir Condominium 1,471 B
4918 Wood Duck Cir Condominium 1,471 B
4902 Wood Duck Cir Condominium 1,616 B
4920 Wood Duck Cir Condominium 1,471 B
4842 Wood Duck Cir Condominium 1,616 B
4922 Wood Duck Cir Condominium 1,616 B
4928 Wood Duck Cir Condominium 1,471 B
4830 Wood Duck Cir Condominium 1,616 B
4930 Wood Duck Cir Condominium 1,616 B
4926 Wood Duck Cir Condominium 1,471 B
4828 Wood Duck Cir Condominium 1,471 B
4826 Wood Duck Cir Condominium 1,471 B
4824 Wood Duck Cir Condominium 1,471 B
4924 Wood Duck Cir Condominium 1,616 B
4822 Wood Duck Cir Condominium 1,616 B
4932 Wood Duck Cir Condominium 1,352 B
4816 Wood Duck Cir Condominium 1,471 B
4814 Wood Duck Cir Condominium 1,616 B
4818 Wood Duck Cir Condominium 1,471 B
4820 Wood Duck Cir Condominium 1,616 B
4934 Wood Duck Cir Condominium 1,616 B
4812 Wood Duck Cir Condominium 1,352 B
4936 Wood Duck Cir Condominium 1,471 B
4938 Wood Duck Cir Condominium 1,471 B
4940 Wood Duck Cir Condominium 1,616 B
4810 Wood Duck Cir Condominium 1,616 B
4808 Wood Duck Cir Condominium 1,471 B
4804 Wood Duck Cir Condominium 1,616 B
4806 Wood Duck Cir Condominium 1,471 B

Local Household Income

The median household income in this part of Florida is $56,422. The bottom 10% of the population earn less than $18,447 per year. The top 10% earn more than $165,349 per year. The top 1% earn more than $623,975 per year. Most renters earn between $24,468 (20th percentile) and $43,200 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $112,844 and $141,055.

The tax assessed value of this property places it in percentile 78 of all properties in this area. This suggests it would appeal to someone earning around $105,461 per year who should qualify for a mortgage between $210,922 and $263,653.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $848. Most renters earn between $2,039 and $3,600 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $625 (20th percentile) to $1,191 (80th percentile) range. The residential vacancy rate is 9%.

This property falls in percentile 78 of all properties in this area. This corresponds to a rent of $1,148 per month and a monthly household income of $3,533 ($42,396 per year)

Nearby Companies

The Laal Bungalow, LLC
4910 Wood Duck Cir
Metamorphosis Film LLC
4910 Wood Duck Cir
Pile Buck International, Inc.
4834 Wood Duck Cir
Disclaimers and Disclosures

Public Records Data

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