NAICS 44-45

Retail Trade in Sebastian-Vero Beach-West Vero Corridor, FL

Metro Market Score 57.7 (Challenging), ranked #228 of 378 metros. 659 establishments, 8,978 jobs.

Metro Market Assessment

Metro Market Score 57.7
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

Lower is better. Relative to national retail trade average.

🏭Industry Hub📈Rapid GrowthRising Wages

Sebastian-Vero Beach-West Vero Corridor is a specialized hub for retail trade, with a location quotient of 1.56 and industry concentration in the lower 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
97.3
LQ: 1.56
Rank #368 of 378 metros
Wage Competitiveness
48.1
$37,472 avg wage
Growth Trend
79.4
Employment growth index
Rank #79 of 378 metros
Wage Pressure
75.7
YoY wage change index

659 Retail Trade Firms in Sebastian-Vero Beach-West Vero Corridor

659
Establishments
+2.5% YoY
8,978
Total Employment
+1.0% YoY
$37,472
Average Annual Wage
+2.7% YoY
1.56
Location Quotient
Above national avg

Sebastian-Vero Beach-West Vero Corridor vs Florida Statewide

How this metro's retail trade market compares to Florida overall. The state ranks #43/51 for entry risk.

Measure Sebastian-Vero Beach-West Vero Corridor FL Statewide
Overall Score 57.7 Challenging 51.0 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #228 of 378 metros #43 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

Retail Trade 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 retail trade sector, the industry concentration component (97.3) 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.