Vero Beach, FL
Population 16,785 · Florida
About Vero Beach, FL
Vero Beach is a mid-sized city located in Florida with a population of 16,785 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,351 per year, which is 10% below the national median of $75,149. The median age of 52.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Vero Beach features a median home value of $392,500, which is 60% above the national median of $244,900. This places Vero Beach in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,197, 3% above the national average of $1,163/month. Of the 10,173 total housing units, 64% are owner-occupied (4,743 units) and 36% are renter-occupied (2,625 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Vero Beach shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 14.4%, above the national average of 12.4%. Workers in Vero Beach have an average one-way commute time of 16.9 minutes, one of the shorter commutes in the region.
Education & Demographics
38.6% of Vero Beach residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 5.7% White, 2.3% Hispanic or Latino, 1.0% Black or African American, and 2.4% Asian residents, with 9.4% of the population being foreign-born.
Cost of Living in Vero Beach, FL
Compared to national averages, Vero Beach has a median household income of $67,351 (10% below the national median of $75,149). Home values average $392,500, which is 60% above the national median. Monthly rent at $1,197 is 3% above the US average of $1,163. Within Florida, Vero Beach's income is 11% below the state average of $75,893, and home values are 11% above the state median of $353,675.
Why Live in Vero Beach, FL?
Vero Beach offers a strong job market with an unemployment rate of just 2.9%, and a well-educated community where 38.6% of residents hold a bachelor’s degree or higher, and short commute times averaging just 16.9 minutes.
Potential considerations include median household income ($67,351) that falls below the national average, and a competitive housing market where the typical home costs $392,500. However, Vero Beach’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Vero Beach has a population of 16,785 with a median age of 52.6 years. Compare Vero Beach with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Vero Beach
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mount Dora | 16,812 | $69,931 | $316,100 | Compare |
| Belle Glade | 16,818 | $47,191 | $141,100 | Compare |
| Wildwood | 16,739 | $71,858 | $419,700 | Compare |
| Lake Mary | 16,724 | $116,944 | $462,200 | Compare |
| Myrtle Grove | 16,637 | $63,011 | $182,600 | Compare |
| Palmetto Estates | 16,587 | $82,199 | $412,200 | Compare |
| Safety Harbor | 17,040 | $105,813 | $433,300 | Compare |
| New Port Richey | 17,057 | $46,160 | $164,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Vero Beach With Other Cities
Frequently Asked Questions about Vero Beach
What is the population of Vero Beach, FL?
The population of Vero Beach, FL is 16,785 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.
What is the median household income in Vero Beach?
The median household income in Vero Beach, FL is $67,351 per year, which is 10% below the national median of $75,149.
What is the median home value in Vero Beach?
The median home value in Vero Beach, FL is $392,500, which is 60% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Vero Beach?
The median monthly rent in Vero Beach, FL is $1,197, which is 3% above the national average of $1,163/month.
What is the unemployment rate in Vero Beach?
The unemployment rate in Vero Beach, FL is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Vero Beach, FL a good place to live?
Vero Beach offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 16,785 and a median age of 52.6, the city appeals to established professionals and retirees.
How educated is Vero Beach, FL?
38.6% of residents in Vero Beach aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Vero Beach?
Key cost-of-living indicators for Vero Beach, FL: median home value is $392,500 (60% above national), median rent is $1,197/month, and median household income is $67,351. The home-value-to-income ratio is 5.8x, a moderate figure by national standards.
What is the poverty rate in Vero Beach?
The poverty rate in Vero Beach, FL is 14.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Vero Beach, FL?
Vero Beach's population is 5.7% White, 2.3% Hispanic or Latino, 1.0% Black or African American, 2.4% Asian, and 8.5% two or more races. 9.4% of residents are foreign-born.