Population/Demographics

    Florida's Research Coast Economic Profile
                  Martin                 St. Lucie             Indian River       Okeechobee
General
Founded 30-May-25 24-May-05 30-May-25               1917
Land Area (Sq. miles) 555.6 572.5 503.2                 892
Population per sq. mile 2007 est. 258.9 483.1 281.5                        47
Water area (Sq. miles) 197.2 115.6 113.7                      118
Boat registrations 2007 - 08 15,415 13,132 10,935  
Out of state vehicle registrations 07 4,264 5,801 4,537  
         
Population
Permanent population Apr. 2008 143,868 276,585 141,667                 40,359
Average annual growth rate 2000 -08 1.69% 5.44% 3.18%                   1.47%
Permanent population Apr. 2007 143,737 271,961 139,757                 40,093
0 - 4 6,072 15,378 6,630                    2,927
five - 17 19,642 44,978 19,509                    8,393
18 - 34 20,229 49,340 21,959                    8,022
35 - 54 37,490 70,434 34,488                 10,255
55 - 64 20,630 33,708 19,291                    3,911
65 - 79 26,879 40,914 25,205                    5,919
80+ 12,795 17,209 12,675                        696
Median age - April 2007                   49.5                       43.1                       48.4                       35.8
         
Sales, Income & Finance
Gross Sales (000s) 2007 $5,865,607 $7,851,996 $3,710,126  
Taxable Sales  (000s) 2007 $2,821,973 $2,566,127 $1,987,405  
Personal Income (000s) 2006 $7,851,094 $6,892,505 $7,002,160  
Net earnings (Adjusted) 36.40% 52.10% 31.70%  
Dividends, Interest & Rent 51.10% 24.80% 54.90%  
Transfer Payments 12.60% 23.10% 13.40%  
Per Capita Personal Income 2006 $56,741 $27,540 $54,045  
Median Household Income 2007 $55,472 46,411 46,081  
Retail Price Index 2007 98.36% 98.14% 95.35%  
Bank and S & L Deposits (000s) June 30, 2008 $3,721,000 $4,175,000 $3,622,000  
         
Housing
Total Occupational Households Apr 2008 63,353 111,766 62,522                    12,691
Average Household Size April 2008 2.21 2.44 2.22                        3.16
Median Home Value 2007 $290,200 $214,900 $213,500  
Median Rent 2007 $1,005 $1,062 $903  
Total Housing Starts 2007 est. 435 2,155 1,442  
Single-Family 401 1,774 1,311  
Multi-Family 34 381 131  
Property Taxes Per $1,000 of Taxable Value 2008      
High $16.86 $24.53 $18.21  
Low $14.52 $18.85 $13.35  
         
Labor & Employment
Average Civilizn Labor Force        
By Place of Residence 2007 65,301 120,570 60,439                   17,441
Employed 62,455 113,545 56,930                   16,542
Unemployed                      2,807                       7,025 3,509                         899
Unemployment Rate 4.40% 5.80% 5.80%                    5.20%
Average Civilian Employment        
By Place of Work 2007 60,490 71,451 49,564  
         
         
City/Town Square Miles      Population Apr 2008
Martin County        
Jupiter Island 3.5 675    
Ocean Breeze Park 0.2 411    
Sewall's Point 1.2 2,000    
Stuart 6.8 16,577    
Unincorporated 429.8 73,815    
Total County 555.6 143,868    
         
St. Lucie        
Fort Pierce 26.7 44,277    
Port St. Lucie 115 157,902    
St. Lucie Village 0.9 641    
Unincorporated 429.8 73,815    
Total County 572.4 276,585    
         
Indian River        
Fellsmere 44 5,108    
Indian River Shores 7 3,829    
Orchid 1.7 305    
Sebastian 14.6 22,924    
Vero Beach 13.3 17,889    
Unincorporated 422.6 91,612    
Total County 503.2 141,667    

 

Okeechobee
City of Okeechobee
Unincorporated
Total County 

                            5,987     

Research Coast Weather
Month Avg. Temp Rainfall    
January 64.5 3.02"    
February 65 3.24"    
March 68.6 4.06"    
April 72.3 2.96"    
May 76.8 5.30"    
June 80.4 6.82"    
July 81.8 6.33"    
August 82.2 6.41"    
September 81.3 8.09"    
October 77.1 6.29"    
November 71.6 4.23"    
December 66.6 2.78"    
Annual 74 59.53"    
Source: Nat'l Climatic Data Ctr. 1971 - 2000        
         
Long-Term Population Forecast (est)
Description 2015 2020 2025 2030
         
Martin County        
Permanent Population 158,880 169,204 178,814 187,942
0-4 6,617 6,858 6,919 6,949
five - 17 19,250 19,976 20,789 21,381
18-34 22,694 23,063 23,256 23,719
35-54 35,828 34,646 35,237 36,853
55-64 26,422 28,343 26,848 24,417
65-79 33,343 40,258 47,259 51,460
80+ 14,726 15,880 18,506 23,163
         
St. Lucie County        
Permanent Population 334,952 378,411 420,561 460,318
0-4 18,968 20,546 21,646 22,658
five - 17 52,126 58,390 63,672 67,547
18-34 61,059 66,002 70,088 74,651
35-54 76,331 79,699 86,028 93,172
55-64 48,891 56,678 57,520 55,654
65-79 54,297 70,084 88,175 102,489
80+ 23,280 27,012 33,432 44,147
         
Indian River County        
Permanent Population 161,980 176,949 191,493 205,155
0-4 7,619 7,989 8,200 8,402
five - 17 21,005 22,502 23,825 24,782
18-34 25,252 26,156 27,002 28,064
35-54 34,951 35,356 36,910 39,152
55-64 26,180 28,726 27,925 26,251
65-79 31,690 39,580 47,970 53,325
80+ 15,283 16,640 19,661 25,179
         
Source: Treasure Coast Magazine, 2009 Edition