NAICS 62

Healthcare and Social Assistance in Sebastian-Vero Beach-West Vero Corridor, FL

Metro Market Score 49.5 (Challenging), ranked #131 of 248 metros. 684 establishments, 10,906 jobs.

Metro Market Assessment

Metro Market Score 49.5
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

Lower is better. Relative to national healthcare and social assistance average.

📈Rapid Growth

Sebastian-Vero Beach-West Vero Corridor ranks in the lower half for healthcare and social assistance market conditions, driven by above-average employment growth. With a market score of 49.5, conditions are relatively favorable compared to most metros.

Industry Concentration
83.1
LQ: 1.32
Rank #206 of 248 metros
Wage Competitiveness
66.9
$65,854 avg wage
Growth Trend
86.3
Employment growth index
Rank #35 of 248 metros
Wage Pressure
39.5
YoY wage change index

684 Healthcare and Social Assistance Firms in Sebastian-Vero Beach-West Vero Corridor

684
Establishments
+4.6% YoY
10,906
Total Employment
+6.2% YoY
$65,854
Average Annual Wage
+2.8% YoY
1.32
Location Quotient
Above national avg

Sebastian-Vero Beach-West Vero Corridor vs Florida Statewide

How this metro's healthcare and social assistance market compares to Florida overall. The state ranks #37/51 for entry risk.

Measure Sebastian-Vero Beach-West Vero Corridor FL Statewide
Overall Score 49.5 Challenging 47.2 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #131 of 248 metros #37 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

Healthcare and Social Assistance in Other Florida Metros

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 healthcare and social assistance sector, the industry concentration component (83.1) 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.