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Year <br />Population <br />% Increase <br />1930 <br />6,724 <br />-- <br />1940 <br />8,957 <br />33% <br />1950 <br />11,872 <br />33 <br />1960 <br />25,309 <br />113 <br />1970 <br />35,992 <br />42 <br />1980 <br />59,896 <br />66 <br />1985 <br />76,442 <br />28 <br />1986 <br />80,023 <br />5 <br />1987 <br />83,515 <br />4 <br />1988 <br />87,313 <br />5 <br />Source: U.S., Census and University of Florida, Bureau of Economic and <br />Business Research <br />While the population of the County has been steadily increasing, so <br />has the median age of the resident population. The number of persons <br />age 18-44 is the largest age category. The following table illustrates <br />the percentage of population in the various age groups for 1986. <br />Age Group 1986 <br />0-17 15,853 <br />18-44 26,758 <br />45-64 18,411 <br />65+ 19,001 <br />Components of Population Change <br />1980 Census ...................................... <br />1986 ............................................ <br />TotalChange ................................. <br />Components of Change due to Natural Increase...... <br />Components of Change due to Net Migration ........ <br />Percentage of Change due to Natural Increase...... <br />Percentage of Change due to Net Migration......... <br />% <br />19.8% <br />33.4 <br />23.0 <br />23.8 <br />59,896 <br />80,023 <br />20,127 <br />337 <br />19,790 <br />1.67% <br />98.33% <br />Source: Bureau of Economic Analysis, Florida Department of Commerce. <br />Industry <br />The economy of the County is based upon agriculture (citrus and <br />cattle), tourism, light manufacturing, wholesale and retail trade and <br />commercial fishing. The Florida Crop and Livestock Reporting Service <br />reports that in the 1987-1988 crop year Indian River County had 65,162 <br />acres of citrus which produced 22,408,000 boxes of oranges, grapefruit <br />and specialty fruit. The County was third among all Florida counties <br />23 <br />