32962 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 32962, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

32962 is a zip code in Indian River County, Florida, which covers Vero Beach, with a total population of 25,958 people.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in the 32962 zip code. The most basic data is the total population, which is the total number of people living in 32962.

The estimated population of people living in 32962 is 25,958, with a median age of 47.7.

We can look back at data from previous years to see how the population in the 32962 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
25,958
+2.89%
+6.26%
2020
25,229
 -4.65% -
2019
26,459
 -0.04% -
2018
26,469
+8.35%
-
2017
24,429
 - -

Population of 32962 by Race and Ethnicity

How much has the race and ethnicity of the population in the 32962 zip code changed? The US Census Bureau gives us a few defined types that the population is broken down into.

Let's look at the total numbers and also the change over the last 5 years.

Race 2021 2017 Change
White
66.7%
67%
 -0.45%
Black/African American
12.9%
14.7%
 -12.24%
Native
0%
0.1%
 -100.00%
Hispanic
17.5%
14.5%
 +20.69%
Asian
0.7%
1.1%
 -36.36%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
1.2%
2.6%
 -53.85%
Other
0.9%
0.1%
 +800.00%

This data can be very important for anybody studying the 32962 zip for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of 32962 by Age and Gender

We can also monitor the change of the age and gender in the 32962 zip code to track track trends in the population over time.

We can see how the population in 32962 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 47.7 -0.62% 42.5 +1.43% 51.9 -0.95%
2020 48 -1.64% 41.9 -4.77% 52.4 -0.95%
2019 48.8 +3.39% 44 +1.15% 52.9 +2.92%
2018 47.2 -2.88% 43.5 -2.68% 51.4 +0.39%
2017 48.6 - 44.7 - 51.2 -

The median age of the 32962 zip gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population in the 32962 area, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 944 +56.84% 1,423 -49.85% 1,496 773
10 to 19 1,176 +57.58% 1,181 -26.85% 2,010 879
20 to 29 1,615 -12.78% 1,002 +59.31% 1,417 1,702
30 to 39 1,512 -5.3% 1,353 +10.59% 1,358 1,393
40 to 49 1,127 +28.4% 1,234 +7.48% 1,387 1,268
50 to 59 1,818 -15.99% 1,941 -2.73% 1,529 1,868
60 to 69 1,573 -8.92% 2,039 -18.06% 1,433 1,681
70+ 2,026 +24.85% 2,465 +28.84% 2,557 3,207

Median Household Income

The latest median household income for the 32962 zip code is $55,884.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less.

The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for 32962.

  • Under 25
    $48,406.00
  • 25 to 44
    $66,622.00
  • 45 to 64
    $55,911.00
  • 65 and over
    $49,741.00

Average Household Income

Whenever we ask what is the average household income in the 32962 zip code, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in 32962, and then dividing that number by the total number of households.

This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of 32962 is currently $72,441.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

3.79% of households in 32962 are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of 32962 against other zip codes.

  • Less than $24,999
    18.48%
  • $25,000 to $49,999
    26.27%
  • $50,000 to $74,999
    23.06%
  • $75,000 to $99,999
    12.39%
  • $100,000 to $149,999
    10.97%
  • $150,000 to $199,999
    5.04%
  • $200,000 or more
    3.79%

Per Capita Income

The per capita income in 32962 is $29,603.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 32962 by the total population of 32962.

This is different from the average or mean income because it includes and accounts for all people living in the 32962 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 32962 to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    6.58%
  • Bachelor's degree
    28.25%
  • Some college or associate's degree
    15.77%
  • High school diploma or equivalent
    40.44%
  • Less than high school diploma
    8.97%

Employment

Employment rates are all based around the total population in 32962 that are over the age of 16.

Currently, the total population of the 32962 zip over the age of 16 is 21,844.

Of those people, a total of 53.10% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in 32962 is 50.60%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate. Here's how that breaks down for the 32962 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 1,044 40.90% 7.00%
20 to 24 years 1,557 71.40% 7.80%
25 to 29 years 1,562 80.40% 3.70%
30 to 34 years 1,112 86.20% 3.80%
35 to 44 years 2,783 76.20% 0.30%
45 to 54 years 3,283 79.60% 7.30%
55 to 59 years 1,625 67.30% 11.00%
60 to 64 years 1,692 52.60% 0.70%
65 to 74 years 4,007 23.80% 1.60%
75 years and over 3,179 5.60% 2.20%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 32962. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau (which we mentioned earlier in this article).

Age Population Participation Unemployment Rate
White 18,032 51.00% 5.20%
Black or African American 2,632 60.70% 3.80%
American Indian and Alaska Native 7 100.00% 0.00%
Asian 182 52.70% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 365 77.00% 0.00%
Two or more races 626 68.70% 0.00%
Hispanic or Latino 3,597 69.00% 3.10%
Not Hispanic or Latino 14,989 47.90% 5.60%

Occupations

In this section we can look at the most common occupations for people living in the 32962 area as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in 32962 is 11,063, with median earnings of $33,182.00.

Women in 32962 are earning approximately 80.10% of the men's earnings.

Population Earnings
Total 11,063 $33,182.00
Male 5,033 $35,783.00
Female 6,030 $28,670.00

Occupations by Category

In the table below, we can break down the population and earnings for 32962 even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 712 $70,500.00
Business and Financial 371 $26,653.00
Computer and Mathematical 190 $90,500.00
Architecture and Engineering 39 $39,185.00
Life, Physical, and Social Science 10 $0.00
Community and Social Service 207 $41,903.00
Legal 111 $66,688.00
Educational and Library 410 $41,207.00
Arts, Design, Entertainment, Sports, and Media 115 $18,832.00
Healthcare Practitioners 994 $36,304.00
Healthcare Support 581 $9,675.00
Firefighters and Protective Service 194 $45,000.00
Law Enforcement 107 $40,616.00
Food Preparation and Serving 1,065 $25,880.00
Building and Grounds Cleaning 822 $36,992.00
Personal Care and Service 340 $24,708.00
Sales 1,576 $22,281.00
Office and Administrative Support 1,264 $24,534.00
Farming, Fishing, and Forestry 63 $33,802.00
Construction and Extraction 672 $29,074.00
Installation, Maintenance, and Repair 595 $52,266.00
Production 212 $45,833.00
Transportation and Material Moving 163 $47,793.00

Occupations by Gender

Now we can also look at the occupations by category for 32962 when it is broken down by male and female.

This lets us see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings for 32962.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 384 $54,972.00 328 $72,719.00
Business and Financial 171 $27,137.00 200 $24,810.00
Computer and Mathematical 109 $98,125.00 81 $33,262.00
Architecture and Engineering 35 $0.00 4 $0.00
Life, Physical, and Social Science 0 $0.00 10 $0.00
Community and Social Service 113 $41,108.00 94 $51,250.00
Legal 31 $0.00 80 $57,328.00
Educational and Library 55 $49,323.00 355 $40,453.00
Arts, Design, Entertainment, Sports, and Media 111 $18,750.00 4 $0.00
Healthcare Practitioners 57 $109,107.00 937 $36,153.00
Healthcare Support 18 $0.00 563 $9,606.00
Firefighters and Protective Service 55 $64,258.00 139 $41,563.00
Law Enforcement 69 $0.00 38 $0.00
Food Preparation and Serving 277 $24,063.00 788 $25,918.00
Building and Grounds Cleaning 616 $37,990.00 206 $25,231.00
Personal Care and Service 147 $32,873.00 193 $24,229.00
Sales 609 $21,801.00 967 $26,587.00
Office and Administrative Support 302 $23,837.00 962 $26,692.00
Farming, Fishing, and Forestry 63 $33,802.00 0 $0.00
Construction and Extraction 645 $28,762.00 27 $0.00
Installation, Maintenance, and Repair 595 $52,266.00 0 $0.00
Production 192 $47,222.00 20 $0.00
Transportation and Material Moving 163 $47,793.00 0 $0.00

Households and Family Size

A household is defined by the US Census Bureau as a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 9,314 households in 32962, with an average household size of 2.78 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 6,018 families living in the 32962 zip code with an average family size of 3.37 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each, that live in 32962:

Married Male Female Nonfamily
Total Households 4,675 186 1,157 3,296
Average Household Size 3.25 3.56 5.25 1.21
Total Families 4,675 186 1,157 0
Average Household Size 3.13 3.16 4.4 0

Poverty

Of the 6,018 families living in 32962, 6.30% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 32962:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 12,691 housing units in 32962.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 9,314 73.39%
Vacant 3,377 26.61%

11.16% of the total 12,691 housing units in 32962 are rental units. This is approximately 1,416 properties.

For owner-occupied housing units, a total of 7,832 are occupied by the owner - or 61.71% of the total.

Rental Rates

The median rent for a property in 32962 is $1,058.00.

In the chart below, we can look at the number of rental properties in 32962 that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    66
  • Less than $500
    73
  • $500 to $999
    524
  • $1,000 to $1,499
    645
  • $1,500 to $1,999
    139
  • $2,000 to $2,499
    35
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Value

The median value of a property in 32962 is $168,100.00.

Just like with rental rates, we can look at the number of properties in 32962 that fall into a particular value range.

  • Less than $50,000
    340
  • $50,000 to $99,999
    925
  • $100,000 to $149,999
    1,689
  • $150,000 to $199,999
    2,112
  • $200,000 to $299,999
    1,626
  • $300,000 to $499,999
    917
  • $500,000 to $999,999
    166
  • $1,000,000 or more
    57

Property Age

We can also look at the age of properties in 32962. The chart below shows the number of properties in 32962 that fall into a particular age range.

  • 1939 or earlier
    48
  • 1940 to 1949
    33
  • 1950 to 1959
    586
  • 1960 to 1969
    490
  • 1970 to 1979
    2,270
  • 1980 to 1989
    4,370
  • 1990 to 1999
    1,872
  • 2000 to 2009
    2,370
  • 2010 to 2013
    620
  • 2014 or later
    32

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in 32962 that have a particular number of vehicles available.

  • No vehicles available
    298
  • 1 vehicle available
    4,110
  • 2 vehicles available
    3,494
  • 3 or more vehicles available
    1,412

Commuting to Work

In this section, we can also look at how people in 32962 get to work. The chart below shows the number of people in 32962 that commute to work in a particular way.

23.1 minutes is the average travel time to work for people in 32962.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    123
  • 5 to 9 minutes
    717
  • 10 to 14 minutes
    1,386
  • 15 to 19 minutes
    2,679
  • 20 to 24 minutes
    1,823
  • 25 to 29 minutes
    1,245
  • 30 to 34 minutes
    963
  • 35 to 39 minutes
    128
  • 40 to 44 minutes
    159
  • 45 to 59 minutes
    299
  • 60 to 89 minutes
    289
  • 90 or more minutes
    196

Summary

We've covered a LOT of demographic and population data for 32962 in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.

States in 32962

If you want to see how the population and demographics of 32962 compare to other zip codes in Florida, check out the list of all Florida zip codes below: