Vero Beach South, FL Profile: Facts & Data

The Vero Beach South Census Designated Place has a U2 Census Class Code which indicates a census designated place without an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Vero Beach South Census Designated Place is located within Vero Beach CCD of Indian River County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Vero Beach South, FL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	28,965 (100%)
Population in Households	28,850 (99.6%)
Population in Families	22,887 (79.0%)
Population in Group Quarters¹	115 ( 0.4%)
Population Density	2,458
Diversity Index²	51


INCOME
Median Household Income	$74,878
Average Household Income	$105,508
% of Income for Mortgage⁴	30%
Per Capita Income	$46,089
Wealth Index⁵	116
Socioeconomic Status Index⁶	Moderate (52.8)

HOUSING
Total HU (Housing Units)	13,878 (100%)
Owner Occupied HU	9,596 (69.1%)
Renter Occupied HU	3,055 (22.0%)
Vacant Housing Units	1,227 ( 8.8%)
Median Home Value	$363,325
Average Home Value	$397,608
Housing Affordability Index³	82

HOUSEHOLDS
Total Households	12,651
Average Household Size	2.28
Family Households	7,865
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Vero Beach South, FL - Peer Comparisons by Rank and Percentile

The table below compares Vero Beach South to the other 955 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.78%	0.64%
Households	0.97%	0.75%
Families		0.76%
Median Household Income		2.49%
Per Capita Income		3.83%
Owner Occupied HU		1.44%

Variable Description	Rank	Percentile
Total Population	# 150	84th
Population Density	# 340	65th
Median Household Income	# 432	55th
Housing Affordability Index	# 524	55th
Per Capita Income	# 329	66th
Diversity Index	# 572	40th

Vero Beach South, FL Profile: Facts & Data

Vero Beach South, Florida - Basic Facts

Vero Beach South, FL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Vero Beach South, FL - Peer Comparisons by Rank and Percentile

Vero Beach South, FL - Most Popular Things to Do

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Indian River County