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<br /> about 12 percent (Florida Department of Economic Opportunity, Labor Market Statistics Center,
<br /> 2015).
<br /> 3.2.7.3 General Income
<br /> As reported in March 2014,Okeechobee County and Indian River County had an estimated per-capita
<br /> personal income of$27,423 and $54,448, respectively, which is an increase of$2,318 and $6,142
<br /> since 2010(Bureau of Economic Analysis, CAI-3, 2015). The State of Florida and United States had
<br /> a reported per capita personal income of$41,497 and $44,765 for the same time frame, respectively
<br /> (Bureau of Economic Analysis,CAI-3,2015).
<br /> According to the Florida Bureau of Economic Business Research, the 2013 estimated median
<br /> household income in Okeechobee County and Indian River County was $35,954 and $44,326,
<br /> respectively(BEBR, 2015). When compared to the 2010 data, Okeechobee County saw a 1.5 percent
<br /> increase in median household income, while Indian River County saw a 6.7 percent decrease in
<br /> median household income. Florida had an estimated median household income of$46,021 in 2013,
<br /> which was an increase of 3.7 percent from the 2010 data.
<br /> Within Workforce Region 20, Construction and Utilities provide approximately 7 percent of the
<br /> region's employment in 2014. The average wage per construction worker in the second quarter of
<br /> 2014 in Workforce Region 20 was approximately $35,952 (Florida Department of Economic
<br /> Opportunity, Labor Market Statistics Center, 2015). The average wage per job in 2013 was $34,994
<br /> for Okeechobee County and$38,955 for Indian River County(Bureau of Economic Analysis,CA3-4,
<br /> 2015), whereas the average wage per job for the entire State of Florida was $45,064.
<br /> 3.2.7.4 Housinsz
<br /> The total number of housing units in Okeechobee County is estimated at 18,232, with an estimated
<br /> vacancy rate of 30.4 percent. In Indian River County,the total number of housing units is estimated at
<br /> 76,576, with an estimated vacancy rate of 23.6 percent. The majority of the housing stock in
<br /> Okeechobee County was constructed prior to 2000, with only 0.6 percent constructed since 2010
<br /> (Indian River County; 0.2 percent). These estimates are based on an American Community Survey
<br /> for the period of time of 2011 to 2013 (US Census,2015).
<br /> The total occupied housing units in Okeechobee County is estimated at 12,688(Indian River County:
<br /> 58,531), with 7 1.1 percent of those units occupied by the owners(Indian River County: 74.1 percent)
<br /> and 28.9 percent occupied by renters (Indian River County: 25.9 percent). The estimated median
<br /> purchase price of a home in Okeechobee County in 2013 dollars was $98,800 (Indian River County:
<br /> $148,400)(US Census,2015).
<br /> Attachment 1 b
<br /> FPL- 193
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