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Wage and Rent Comparison by Industry
County Industry HUD 2BR Fair Market Rent # of Workers in 2016 Average Hourly Wage Maximum Affordable Rent (30% of Income)% Income Needed for 2 BR FMR
Indian River Accommodation and Food Services $833 5436 $9.78 $489 51%
Indian River Administrative and Waste Services $833 2601 $14.83 $742 34%
Indian River Agriculture, Forestry, Fishing and Hunting $833 1579 $15.18 $759 33%
Indian River Arts, Entertainment, and Recreation $833 2245 $16.01 $800 31%
Indian River Construction $833 3632 $20.51 $1025 24%
Indian River Durable Goods Manufacturing $833 1419 $25.57 $1279 20%
Indian River Education and Health Services $833 12245 $22.31 $1116 22%
Indian River Educational Services $833 2960 $21.53 $1076 23%
Indian River Finance and Insurance $833 1428 $43.03 $2152 12%
Indian River Financial Activities $833 2563 $34.74 $1737 14%
Indian River Goods-Producing $833 7101 $20.46 $1023 24%
Indian River Health Care and Social Assistance $833 9285 $22.56 $1128 22%
Indian River Information $833 561 $30.53 $1527 16%
Indian River Leisure and Hospitality $833 7681 $11.60 $580 43%
Indian River Management of Companies and Enterprises $833 147 $72.82 $3641 7%
Indian River Manufacturing $833 1878 $24.82 $1241 20%
Indian River Natural Resources and Mining $833 1592 $15.21 $760 33%
Indian River Nondurable Goods Manufacturing $833 459 $22.49 $1124 22%
Indian River Other Services $833 2229 $14.92 $746 33%
Indian River Professional and Business Services $833 5012 $24.07 $1203 21%
Indian River Professional and Technical Services $833 2264 $31.52 $1576 16%
Indian River Public Administration $833 2498 $25.16 $1258 20%
Indian River Real Estate and Rental and Leasing $833 1135 $24.32 $1216 21%
Indian River Retail Trade $833 8502 $13.04 $652 38%
Indian River Service-Providing $833 42998 $20.45 $1022 24%
Indian River Trade, Transportation, and Utilities $833 10177 $19.03 $951 26%
Indian River Transportation and Warehousing $833 935 $21.52 $1076 23%
Indian River Utilities $833 35 $18.09 $904 28%
Indian River Wholesale Trade $833 705 $87.93 $4396 6%
Notes:  Bureau of Labor Statistics provides average annual wages for industry sectors. Annual wages are converted to hourly wages by dividing by 2000 (assumes 40-hour work week, 50 weeks per year).

Statewide FMRs come from the National Low Income Housing Coalition's Out of Reach report and are averages weighted by the number of renters in each county.
Sources:  Florida Agency for Workforce Innovation, 2016 Quarterly Census of Employment and Wages;
U.S. Department of Housing and Urban Development, 2016 Fair Market Rents ;
National Low Income Housing Coalition, Out of Reach: Florida