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INDIAN RIVER COUNTY <br />Population Projections <br />As part of this effort, population projections found in Table 2 were developed through the year 2050. These <br />projections are based on estimates from the University of Florida's Bureau of Business and Economic <br />Research (BEBR), historic population trends, and estimates for seasonal population. Afull set of <br />population projections can be found in Appendix A of this report. <br />Table 2. Summary of Population Projections <br />Year <br />2025 <br />BEBR Medium <br />Population <br />(Countywide) <br />173,100 <br />Permanent <br />Unincorporated <br />Population <br />117,708 <br />Seasonal <br />Unincorporated <br />Population <br />13,035 <br />Unincorporated <br />Population <br />130,743 <br />2030 <br />184,400 <br />125,392 <br />13,885 <br />139,277 <br />2035 <br />193,100 <br />131,308 <br />14,541 <br />145,849 <br />2040 <br />199,200 <br />135,456 <br />15,000 <br />150,456 <br />2045 <br />204,100 <br />138,788 <br />15,369 <br />154,157 <br />2050 <br />208,400 <br />141,712 <br />15,693 <br />157,405 <br />Source: BEBR, April 2023, Indian River County, 2024 <br />Educational Attainment <br />Table 3 shows the educational attainment of the Study Area compared to the County overall and the State. <br />The Study Area has a slightly lower level of higher educational attainment than the County and State <br />.MaNk (Bachelor's Degree or higher); however, the Study Area is otherwise relatively consistent with the County's <br />overall educational attainment. <br />Table 3. Educational Attainment <br />Less than 9th Grade <br />2.4% <br />2.4% <br />3.7% <br />911- 12' Grade <br />5.4% <br />4.9% <br />5.4% <br />High School Graduate <br />28.0% <br />27.9% <br />28.2% <br />Some College, No Degree <br />19.5% <br />18.5% <br />17.4% <br />Associate degree <br />11.5% <br />11.4% <br />10.9% <br />Bachelor's Degree <br />20.0% <br />21.2% <br />21.6% <br />Graduate/Professional Degree <br />13.1% <br />13.7% <br />12.7% <br />Did not receive High School degree or <br />equivalent <br />7.8% <br />7.3% <br />9.1% <br />Bachelor's Degree or higher <br />Total <br />33.1% <br />100% <br />34.9%34.3% <br />100% <br />100% <br />Source: American Community Survey 2018-2022, 5 -year estimates <br />Local Employment <br />The median household income within the Study Area is approximately $61,697, which is slightly lower than <br />the County's and State's median household income of $62,233 and $65,081, respectively. A large <br />.amok proportion of the population of the Study Area are no longer within the labor force, which may be attributed <br />to an older population with more retired individuals living on fixed incomes. Of those within the labor force <br />EXISTING CONDITIONS <br />