West Vero Corridor CDP, FL Profile: Facts & Data

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West Vero Corridor CDP, Florida - Basic Facts

The West Vero Corridor Census Designated Place had a population of 8,172 as of July 1, 2019. West Vero Corridor CDP ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for West Vero Corridor CDP is located at latitude 27.6378 and longitude -80.4854 in Indian River County. The formal boundaries for the West Vero Corridor Census Designated Place encompass a land area of 4.86 sq. miles and a water area of 0.08 sq. miles.

The West Vero Corridor Census Designated Place (GNIS ID: 1853305) 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 West Vero Corridor Census Designated Place is located within Fellsmere CCD of Indian River County.

Alternate Unofficial Names for West Vero Corridor CDP: West Vero Corridor.

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  1. West Vero Corridor CDP 2019 Demographic Data
  2. Growth Rates for West Vero Corridor CDP (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2019 Demographics

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West Vero Corridor CDP, FL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

West Vero Corridor CDP, FL Housing Affordability Index is 148
State of Florida Housing Affordability Index is 113
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.

WEALTH INDEX

West Vero Corridor CDP, FL Wealth Index is 87
State of Florida Wealth Index is 94
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.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Florida address.

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POPULATION

Total Population 8,172
Population in Households 7,995
Population in Familes 5,366
Population in Group Qrtrs 177
Population Density 1,680
Diversity Index1 24
 

INCOME

Median Household Income $41,916
Average Household Income $59,836
Per Capita Income $32,909
Wealth Index3 87

HOUSING

Total Housing Units 6,341 (100%)
Owner Occupied HU 3,574 (56.4%)
Renter Occupied HU 1,237 (19.5%)
Vacant Housing Units 1,530 (24.1%)
Median Home Value $133,224
Housing Affordability Index2 148
 

HOUSEHOLDS

Total Households 4,811
Average Household Size 1.66
Family Households 2,427
Average Family Size 2
NOTES
  1. 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 race 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.
  2. 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.
  3. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.47% 1.67%
Households 1.52% 1.7%
Families 2.09% 1.6%
Median Household Income   2.02%
Per Capita Income   2.98%

West Vero Corridor CDP, FL - Peer Comparisons by Rank and Percentile

The table below compares West Vero Corridor CDP to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2019 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.

Variable Description Rank Percentile
Total Population # 367 60th
Population Density # 455 51st
Diversity Index # 758 18th
Median Household Income # 677 26th
Per Capita Income # 315 66th

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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