Indian River County · Florida · South · 26k residents
Sebastian, FL: economy, jobs & business costs
The site-selection read on Sebastian: labor costs, talent, corporate tax, energy, and business activity, with the Florida median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,218/wk. Florida's corporate income tax rate is 5.5%. Commercial electricity averages 11.0¢/kWh.
Compare Sebastian side by side
Avg. weekly wage
$1,218/wk
Corporate income tax
5.5%
Bachelor's degree or higher
27.1%
Commercial electricity
11.0¢/kWh
Economic momentum
How fast Sebastian's economy is moving, ranked against the US cities we track.
40/100
Steady
Ranks Sebastian's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $317,000 |
| Price per sq. ft. | $260 |
| Property tax rate | 0.8% |
| 1-bedroom rent | $1,451/mo |
| 2-bedroom rent | $1,353/mo |
| State & local income tax | 0% |
| Sales tax | 7% |
| Corporate income tax | 5.5% |
| Avg. weekly wage | $1,218/wk |
| Bachelor's degree or higher | 27.1% |
| Commercial electricity | 11.0¢/kWh |
| Businesses per 1k residents | 34.2/1k |
| Wage: Software developer | $132,720 |
| Wage: Registered nurse | $81,300 |
| Wage: General manager | $89,030 |
| Wage: Customer service | $37,940 |
| Wage: Warehouse worker | $35,690 |
| Wage: Heavy truck driver | $48,410 |
| Wage: Electrician | $55,610 |
| Wage: Retail salesperson | $33,450 |
| Cost of living index | 97 |
| Groceries index | 103 |
| Utilities | $180/mo |
| Transit pass | $65/mo |
| Gas price | $3.25/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,000/mo |
| Median household income | $69,409 |
| Unemployment rate | 3.3% |
| Population | 26k |
| Crime index | 45/100 |
| School rating | 5.8/10 |
| Walkability | 30/100 |
| Disaster risk | 96/100 |
| Avg. commute | 28 min |
| Sunny days / year | 240 days |
| July high | 91°F |
| January low | 54°F |
| Annual snowfall | 0 in |
| Home price YoY | -1.5% |
| Home price MoM | -0.1% |
| Rent YoY | +4.6% |
| Rent MoM | -0.5% |
| Employment (jobs) YoY | 0.0% |
| Building permits YoY | -15.4% |
| Ocean coast | 21 mi |
| Big lake | 62 mi |
| Mountains | 505 mi |
| Major airport | 67 mi |
| Ski resort | 564 mi |
Popular comparisons
Nearby
- Vero Beach South, FL · 30k
- Florida Ridge, FL · 21k
- Palm Bay, FL · 130k
- West Melbourne, FL · 29k
- Melbourne, FL · 87k
Similar size
- Pace, FL · 26k
- Fish Hawk, FL · 26k
- Immokalee, FL · 26k
- Palm City, FL · 26k
- World Golf Village, FL · 26k
Real listings in Sebastian
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Sebastian a good place to run a business?
- Florida's corporate income tax rate is 5.5%; average weekly wages in the surrounding labor market run $1,218/wk; commercial electricity averages 11.0¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Sebastian, FL?
- Sebastian indexes at 97 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,353/mo and a acs median home value of $317,000.
- How much does a house cost in Sebastian?
- The acs median home value in Sebastian is $317,000 (Census ACS estimate; individual listings vary).
- How much is rent in Sebastian?
- A two-bedroom in Sebastian rents for about $1,353/mo.