NAICS 23

Construction in Sebastian-Vero Beach-West Vero Corridor, FL

Metro Market Score 43.9 (Moderate), ranked #137 of 342 metros. 751 establishments, 4,959 jobs.

Metro Market Assessment

Metro Market Score 43.9
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

ⓘ Lower is better. Relative to national construction average.

🏭Industry Hub

Sebastian-Vero Beach-West Vero Corridor is a specialized hub for construction, with a location quotient of 1.64 and industry concentration in the upper half. Higher-than-average firm density means more competition for talent and customers, but also a deeper local supply chain and client pool.

Industry Concentration
95.0
LQ: 1.64
Rank #325 of 342 metros
Wage Competitiveness
6.7
$58,165 avg wage
Growth Trend
↑ 59.1
Employment growth index
Rank #141 of 342 metros
Wage Pressure
30.8
YoY wage change index

751 Construction Firms in Sebastian-Vero Beach-West Vero Corridor

751
Establishments
+4.9% YoY
4,959
Total Employment
+3.0% YoY
$58,165
Average Annual Wage
+3.2% YoY
1.64
Location Quotient
Above national avg

Sebastian-Vero Beach-West Vero Corridor vs Florida Statewide

How this metro's construction market compares to Florida overall. The state ranks #42/51 for entry risk.

Measure Sebastian-Vero Beach-West Vero Corridor FL Statewide
Overall Score 43.9 Moderate 54.5 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #137 of 342 metros #42 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Sebastian-Vero Beach-West Vero Corridor

Information 43.3 Healthcare and Social Assistance 49.5 Professional, Scientific, and Technical Services 51.0 Finance and Insurance 51.1 Retail Trade 57.7 Real Estate and Rental and Leasing 64.0 Other Services 64.5 Administrative and Support Services 67.3 Accommodation and Food Services 68.5

Construction in Other Florida Metros

Gainesville 18.0 #7/342 Tallahassee 27.6 #27/342 Ocala 36.4 #72/342 Panama City-Panama City Beach 38.1 #88/342 Deltona-Daytona Beach-Ormond Beach 42.3 #122/342 Port St. Lucie 42.5 #123/342 Lakeland-Winter Haven 43.2 #131/342 Crestview-Fort Walton Beach-Destin 44.9 #145/342 Pensacola-Ferry Pass-Brent 45.4 #150/342 Miami-Fort Lauderdale-West Palm Beach 46.4 #160/342

+ 11 more metros. View all in Florida →

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Sebastian-Vero Beach-West Vero Corridor's construction sector, the industry concentration component (95.0) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.