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Vero Beach South

Learn about the people, housing, costs and businesses in Vero Beach South, Florida

Median Home$309,820
Median Rent$1,459/month
Population28,672
Leading IndustriesWholesale Trade · Healthcare · Finance & Insurance12% wholesale trade
Home Value Growth⬆⬆+15.7% over 2 years
Retirees27% of residentsabove average nationally
Homeowners79% of occupied units
NotableAmenity Score74/100 · highly walkable area
NotableVeteran Community10% of residents · top 14% nationally
Vero Beach South
FL

Explore Vero Beach South

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Vero Beach South?

As of today, the 30-year fixed mortgage rate for Vero Beach South is approximately 6.934% (6.971% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Vero Beach South?

The median home value in Vero Beach South is $310k. The median monthly rent is $1,459. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Vero Beach South?

Home values in Vero Beach South have increased 15.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Vero Beach South?

Based on a typical all-in ownership cost of $1,124/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Vero Beach South is $71k/year.

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What industries drive the economy in Vero Beach South?

The largest employment sectors in Vero Beach South are public administration (23%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.