ZIP comparison · Sebastian-Vero Beach-West Vero Corridor, FL
32963 vs 32968
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP32963Indian River Shores, FL | ZIP32968Vero Beach South CDP, FL |
|---|---|---|
| Home value | ||
| Typical home value | Better: $1,049,358 | $422,898 |
| 1-year appreciation | Better: -3.4% | -3.7% |
| 5-year CAGR | Better: +8.3% | +5.6% |
| 10-year CAGR | Better: +6.6% | +6.2% |
| Rent & investment | ||
| Monthly rent | $5,083 | Better: $2,415 |
| Gross yield | 5.8% | Better: 6.9% |
| Cap rate | 3.5% | Better: 4.1% |
| Property tax | ||
| Effective tax rate | 0.8% | Better: 0.7% |
| Typical annual tax | $8,115 | Better: $2,913 |
| Demographics | ||
| Population | 15,008 | 15,912 |
| Median household income | Better: $149,923 | $94,113 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | +928 | +928 |
| Schools | ||
| Public schools | 1 | 3 |
| Students enrolled | 492 | 1,962 |