County profile
Indian River County, FL
United States · GDP 2024
#405 of 3,127 US counties by GDP72nd-percentile growthmore diversified than 81% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$11.2B
BEA · 2024
GDP growth (YoY)
+6.4%
BEA · 2024
Jobs tracked
51,628
Census CBP · 2023
Employers
4,820
Census CBP · 2023
Avg. wage
$55.9k
BLS QCEW · 2023
Population
172,799
Census PEP · 2025
Labor, income & education
Unemployment
5.6%
Median HH income
$73.5k±$1.9k
Bachelor's degree+
33.8%±1.3%
Poverty rate
11.1%±1.0%
Business applications
3,090 · 2025
Retail establishments
619
36.1/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Bimini Capital Management, Inc.Financial Services$16.6M73B2Nascent Biotech, Inc.Healthcare$0——3Apex Treasury Corporation Class AFinancial Services———4ARMOUR Residential REIT, Inc.Real Estate———5Orchid Island Capital, Inc.Real Estate———HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care28%
Retail trade24%
Food & accommodation18%
Construction11%
Admin & support10%
Professional services8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
172,799
residents · 2025 · +7.7% since 2020
Income per capita $115.4k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+16,512
International migration+2,434
Natural change−6,642
GDP trend
2019–2024 · nominal
$7.2B2019
$7.5B2020
$8.8B2021
$9.5B2022
$10.5B2023
$11.2B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$351.5k±$7.6k
Median gross rent
$1.4k/mo±$58/mo
Vacancy rate
18.1%±1.2%
Affordability
6.3× wages
Residential permits
$132.1M
252 units · 1.5/1k pop
FEMA risk score
95.6
HUD Fair Market Rent (2BR):$1.6k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 99Lightning 94Wildfire 88
FHFA HOUSE PRICE INDEX · 2016–2025
2342016
2612017
2832018
2952019
3122020
3622021
4512022
4812023
5002024
4922025
RESIDENTIAL PERMITS · 2021–2025
↓ -84% since 20211,5922021
1,1832022
1,6562023
5572024
2522025
Transport access
BTS · FAA · USACE
Nearest interstate
6.5 km
I-95
Nearest freight rail
17.6 km
FEC
Nearest port
38.3 km
INDIAN RIVER REFRIG TERM CO
Nearest commercial airport
19.0 km
VERO BEACH RGNL
Filing activity
SEC EDGAR19 filings from 3 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$55.9k
avg. annual pay · +27% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Indian River?
Indian River's economy produced $11.2B in 2024, growing 6.4% year over year — faster than most US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.