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 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 Growth⚡Rising 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

Within Florida

#14 of 22

retail trade metros in state

Florida state rank

#43 of 51

for retail trade entry risk

vs State Median

+1.3

worse than median (56.4)

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

Information 43.3 Construction 43.9 Healthcare and Social Assistance 49.5 Professional, Scientific, and Technical Services 51.0 Finance and Insurance 51.1 Real Estate and Rental and Leasing 64.0 Other Services 64.5 Administrative and Support Services 67.3 Accommodation and Food Services 68.5

Retail Trade in Other Florida Metros

Gainesville 24.8 #2/378 Tallahassee 38.1 #37/378 Palm Bay-Melbourne-Titusville 47.7 #106/378 Jacksonville 48.1 #110/378 Homosassa Springs 49.6 #131/378 Panama City-Panama City Beach 50.1 #142/378 Sebring 50.6 #149/378 Orlando-Kissimmee-Sanford 52.0 #163/378 Wildwood-The Villages 52.1 #164/378 Pensacola-Ferry Pass-Brent 54.0 #188/378

+ 11 more metros. View all in Florida →

Retail Trade Metros With Similar Conditions

Metros within 5 points of Sebastian-Vero Beach-West Vero Corridor's 57.7 score. Useful when comparing markets with comparable entry profiles.

Fort Collins-Loveland, CO 57.8 #229/378 Tampa-St. Petersburg-Clearwater, FL 57.6 #227/378 Syracuse, NY 57.9 #230/378 Lynchburg, VA 57.5 #226/378 Terre Haute, IN 57.5 #225/378 Mankato, MN 57.4 #224/378 Johnstown, PA 57.2 #223/378 Philadelphia-Camden-Wilmington, PA 58.2 #231/378 Fort Wayne, IN 58.3 #232/378 Savannah, GA 58.3 #233/378

Retail Trade in States Bordering Florida

State-level entry risk for retail trade in adjacent states. Use this to weigh cross-border options.

Alabama 46.4 #36/51 Georgia 47.5 #38/51

Browse Retail Trade in Other States

State-level entry risk reports for retail trade across all 51 markets, sorted by rank.

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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Sebastian-Vero Beach-West Vero Corridor, FL MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment