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Data and Statistics

The Snowbird Republic –  Florida helps investors make informed decisions with the latest Florida real estate data and statistics. Navigating the real estate market can be complex, but our data-driven approach provides clarity. Whether you’re evaluating a new property or exploring investment opportunities, we offer insight for every city, town and village across Florida. 

Businessman Holding Paper Graph Over The Increasing House Miniature

NORTH EAST CITY

City of Jacksonville ( Duval County )City of Fernandina Beach ( Nassau County)

Population and Demographics

⦁ Population (2020): 28,020
⦁ Population Change (2010-2020): Approx. 10% increase
⦁ Average Age (2023): 54
⦁ Residents over 65 (2020): 28%
⦁ Residents under 18 (2020): 15.4%
⦁ Female residents (2020): 51%
⦁ Male residents (2020): 49%
⦁ Married Population (2023): 59%

Demographics (2022)

⦁ White Non-Hispanic: 78.6%
⦁ Black Non-Hispanic: 6.85%
⦁ Asian: 2.69%
⦁ Multiracial Hispanic: 4.6%
⦁ Other Hispanic: 3.5%

Economic Data

  • Median Household Income (2022): $70,252
  • Poverty Rate (2022): 8.9% (compared to the US national average of 11.5%)
  • Largest Employers:
    ⦁ Piper Aircraft
    ⦁ Shaver Millwork
    ⦁ Motor TRS, LLC

Housing Market (2024)

  • Median Listing Home Price ( October 2024): $455K
  • Median Home Sale Price ( October 2024): $368.5K
  • Median Home Price per sq ft ( November 2024): $260
  • Median Rent ( November 2024): $3,200
  • Homeownership Rate (2022): 66.5%
  • Renters (2022): 33.5%
  • Regional Price Variations:
    ⦁ East Regions: Higher prices
    ⦁ Northeast: Lower prices

Tax and Cost of Living (2023)

  • County Property Tax Rate: 0.86% of assessed fair market value
  • Combined State and County Sales Tax Rate: 7%
  • Cost of Living: Higher than the US national average
  • Cost of Housing: Approx. same as Florida’s average
  • Cost of Healthcare: 3% lower than the US national average
  • Cost of Utilities: 9% higher than the US national average
  • Cost of Transportation: Approx. same as the US national average

Climate and Geography

  • Average Low Temperature: 18.4°C
  • Average High Temperature: 27.4°C
  • Coastal: Yes
  • Inter-coastal: Partial

Culture and Attractions

  • Amenities/Attractions:
    ⦁ Beaches
    ⦁ Parks
    ⦁ Shopping and Dining
    ⦁ Museums and Art Galleries
  • Fun Fact:
    ⦁ The Jackie Robinson Training Complex is located in Vero Beach. It was the first racially integrated training facility in the American South, named in honor of Jackie Robinson.

Notable Neighborhoods

  • Vero Lake Estates:
    ⦁ Large subdivision with affordable single-family homes, approx. 15 minutes from downtown. Quiet, family-oriented community.
  • River Shores:
    ⦁ Affordable, non-HOA inter-coastal neighborhood. Many homes feature docks backing onto the canal, close to downtown Vero Beach.
  • Central Beach:
    ⦁ Located on the barrier island, this walkable neighborhood offers retail, fine dining, beach shops, and a weekly farmers market. It is popular for its free weekend concerts and close beach access.

Short-Term Rental Regulations

  • Licenses Required:
    ⦁ Business license from the Florida Department of Business and Professional Regulation (DBPR)
    ⦁ Florida Department of Revenue Certificate of Sales and Use
  • County Tourist/Transient Tax: 4%
  • City/Town Registration or Fee: N/A
  • Property Inspection: N/A
  • Restrictions: Currently, no up-to-date official information is available for Vero Beach. For more details, visit ⦁ verobeach.com.

Political Affiliation (2020 Election)

  • Republican: 51%

Key Highlights of Vero Beach City (Indian River County)

Vero Beach is a hidden gem in Indian River County, offering a blend of natural beauty, vibrant culture, and a laid-back community vibe. Here’s what makes Vero Beach special:

Stunning Beaches

We are the only service fully dedicated to assisting Canadian and foreign investors in purchasing real estate in the state. Our team provides expert advice and access to vetted real estate professionals, ensuring you have the right support at every step. We help clients to:
⦁ Receive professional real estate advice tailored to your needs
⦁ Get connected with local experts to help you find the best properties
⦁ Access referrals to trusted real estate professionals

Year-Round Sunshine

Vero Beach enjoys a subtropical climate, making it an ideal spot for outdoor fun, no matter the season. Summers bring warmth and humidity, perfect for beach days, while the mild winters offer comfortable weather for exploration and relaxation, drawing visitors all year.

Cultural Richness

The city boasts a lively arts scene. The Vero Beach Museum of Art offers fascinating exhibits and workshops for art lovers of all ages. If live performances are more your style, the Riverside Theatre hosts various shows, from plays to musicals, providing entertainment that rivals any larger city.

Outdoor Adventure

For nature enthusiasts, Vero Beach has more than just beautiful beaches. Explore the Pelican Island National Wildlife Refuge, a haven for birdwatching and scenic walks. Golfers can take advantage of the area’s golf courses, while boating and fishing are popular pastimes for those looking to spend time on the water.

Shopping and Dining

The charming downtown area of Vero Beach offers boutique shopping and dining options. Whether looking for fresh seafood at a local eatery or wanting to indulge in a more upscale dining experience, Vero Beach has something for every palate. For those hunting for great deals, the Vero Beach Outlets are the go-to spot for brand-name bargains.

Vibrant Community and Events

Vero Beach has a friendly and active community that comes alive with various events throughout the year. From art festivals to farmers’ markets, there’s always something happening. Signature events like the Vero Beach Wine + Film Festival and the Vero Beach Air Show are local favorites that draw residents and visitors alike.

Historic Charm

The city’s rich history, dating back to the late 19th and early 20th centuries, is reflected in its preserved historic buildings and sites, adding to Vero Beach’s quaint and inviting atmosphere.

Whether you’re drawn by its natural beauty, cultural offerings, or sense of community, Vero Beach has something for everyone. It’s the perfect destination for those seeking relaxation and adventure in equal measure.

Stay informed with Florida’s real estate data and statistics so you can make the best investment decisions in Florida. If you have questions, please contact us today.

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