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Cost of Living in Vero Beach South, FL

Population 30,344 · Census ACS 2020–2024 5-year estimates

Median rent$1,314
Median home value$335,200
Median household income$73,420

The median rent in Vero Beach South, FL is $1,314/month, 21% lower than the Florida median and 7% lower than the U.S. median. The median home value is $335,200, about the same as the national median. Households earn a median of $73,420 a year, about the same as the state median.

Affordability

Rent as a share of median income: 21.5%
Income needed for median rent (30% rule): $52,560/yr
Home price-to-income ratio: 4.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,695/mo

Run your own numbers: mortgage calculator · hourly to salary

Vero Beach South vs. Florida vs. U.S.

Vero Beach SouthFloridaU.S.
Median rent$1,314$1,669$1,413
Median home value$335,200$359,000$332,700
Median household income$73,420$74,568$80,734
Homeownership rate79.6%67.6%65.2%
Bachelor's degree or higher29.2%34.1%35.7%
Poverty rate9.1%12.6%12.5%
Unemployment rate3.8%4.8%5.2%
Work from home11.3%15.7%15.1%
Median age48.842.638.9

FAQ

What is the average rent in Vero Beach South, FL?

The median gross rent in Vero Beach South, FL is $1,314 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Vero Beach South, FL?

Using the common 30% rule, renting a median-priced home takes about $52,560 a year in gross income.

Is Vero Beach South, FL expensive to live in?

Rent there is 7% lower than the U.S. median, and the median home costs about 4.6 times the median household income.

Other cities in Florida

Jacksonville, FLRent $1,465 · Income $69,872Miami, FLRent $1,758 · Income $62,462Tampa, FLRent $1,701 · Income $75,475Orlando, FLRent $1,747 · Income $72,336St. Petersburg, FLRent $1,663 · Income $75,192Port St. Lucie, FLRent $1,937 · Income $80,648

Cities with a similar cost of living

Odessa, TXRent $1,315 · Income $73,472Kannapolis, NCRent $1,319 · Income $73,836Lebanon, TNRent $1,306 · Income $72,848Columbia Heights, MNRent $1,295 · Income $73,691Universal City, TXRent $1,315 · Income $74,811Drexel Heights, AZRent $1,342 · Income $73,508

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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