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Places/FL/Indian River
County profile

Indian River

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
GDP growth
+6.4%
Jobs tracked
51,628
Employers
4,820
Avg. wage
$55.9k
Population
172,799
Labor & formation
Unemployment
5.3%
Median HH income
$73.5k±$1.9k
Business applications
3,090 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Bimini Capital Management, Inc.Real Estate$16.6M60C2Nascent Biotech, Inc.Healthcare$0——3Orchid Island Capital, Inc.Real Estate———4ARMOUR Residential REIT, Inc.Real Estate———5Apex Treasury Corporation Class AFinancial Services———

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
$7.2B
2019
$7.5B
2020
$8.8B
2021
$9.5B
2022
$10.5B
2023
$11.2B
2024

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
252 (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
234
2016
261
2017
283
2018
295
2019
312
2020
362
2021
451
2022
481
2023
500
2024
492
2025

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 EDGAR

24 filings from 4 companies here in the last 90 days.

8-KOrchid Island Capital, Inc.07-08
8-KARMOUR Residential REIT, Inc.07-01
8-KARMOUR Residential REIT, Inc.06-24
8-KOrchid Island Capital, Inc.06-22
8-KARMOUR Residential REIT, Inc.06-12
8-KOrchid Island Capital, Inc.06-10
8-KBimini Capital Management, Inc.06-09
8-KARMOUR Residential REIT, Inc.05-28
8-KARMOUR Residential REIT, Inc.05-15
8-KOrchid Island Capital, Inc.05-13
Wage trend
BLS QCEW · 2019–2023
$55.9k
avg. annual pay · +27% since 2019
Similar US counties
nearest by GDP
Allen$11.2BWarren$11.1BLicking$11.1BDallas$11.1BBibb$11.1BCentre$11.2B
The read

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.
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