BMIE Market 32968

Indian River County, Florida · ZCTA boundaries as of 2020

Profile

Population (current estimate)	15,912 2020–2024 ACS 5-year estimate ±1,550 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01003_001E · on 2020 boundaries · retrieved 2026-09-05
Households	6,100 2020–2024 ACS 5-year estimate ±550 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B11001_001E · on 2020 boundaries · retrieved 2026-09-05
Population, 2010 Census count	12,830 2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · POP10 · on 2010 boundaries · retrieved 2026-09-04
Housing units	5,330 2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · HU10 · on 2010 boundaries · retrieved 2026-09-04
Median household income	$94,113 2020–2024 ACS 5-year estimate ±10,442 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B19013_001E · on 2020 boundaries · retrieved 2026-09-05
Median age	48.3 2020–2024 ACS 5-year estimate ±2 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01002_001E · on 2020 boundaries · retrieved 2026-09-05
Median gross rent	$1,777 2020–2024 ACS 5-year estimate ±169 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25064_001E · on 2020 boundaries · retrieved 2026-09-05
Median home value	$411,200 2020–2024 ACS 5-year estimate ±27,743 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25077_001E · on 2020 boundaries · retrieved 2026-09-05
Land area	43.4 sq mi Census Gazetteer 2020
Restaurants	12 2023 · U.S. Census Bureau, ZIP Code Business Patterns 2023 detail (NAICS2022) · by USPS ZIP 32968
Restaurants per 10,000 residents	4.7 DERIVED: 2010 restaurants (ZIP) ÷ 2010 Census population (ZCTA) · different years, stated as such
Restaurant growth, 5-year	+20.0% DERIVED: 2018 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 10-year	+100.0% DERIVED: 2013 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 20-year	+500.0% DERIVED: 2003 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, Longest on file	+300.0% DERIVED: 1994 → 2023, ZIP Code Business Patterns restaurants
Projected restaurants, 2028	16 (range 13–19) FORECAST · linear trend v1 fitted to 2013–2023 (11 points, +0.6 per year, r² 0.77) · 80% range · confidence High · momentum, not a guarantee
Projected population, 5 years ahead	Needs more ACS years on file
BMIE Market Score	82 / 100 MODELED · bmie_market_score v1 · confidence High · why?
Consumer Market Score	77 / 100 MODELED · consumer_market_score v1 · confidence High · why?
Restaurant Opportunity Score	84 / 100 MODELED · restaurant_opportunity_score v1 · confidence High · why?
Market Momentum Score	86 / 100 MODELED · market_momentum_score v1 · confidence High · why?

Map

Boundary: U.S. Census Bureau cartographic file, 1:500k, 2020 vintage. Basemap © OpenStreetMap contributors.

Trends

Historical lines are published counts. Dashed lines are derived: a least-squares trend through the last decade, extended as a FORECAST with its 80% range. Momentum, not a guarantee.

Restaurants by year, with trend and projection

ZIP Code Business Patterns, USPS ZIP 32968. Projection: linear trend v1, fitted 2013–2023, +0.6 restaurants per year, r² 0.77, confidence High.

Growth index (first year on file = 100)

Each category relative to its own first published count. Full/limited split is unavailable under SIC (before 1998).

Mix of the food-service market

Share of all food-service establishments. "Other" = snack bars, caterers, contractors, mobile.

Population and restaurants per 10,000 residents

Population points: 2010 Census count and ACS 5-year estimates on file (more vintages load over time). Density uses the population point within two years of each restaurant count. Population projection appears once three or more ACS years are loaded.

Restaurant growth vs. Florida and U.S. averages

Averages are the mean growth across all ZCTAs with the figure (state n = 918, U.S. n = 24,852). DERIVED from ZIP Code Business Patterns.

Why these scores?

Each score is a weighted average of national percentile ranks (0 = lowest of all ZCTAs with that figure, 100 = highest). Weights are set in the model registry, not in code, and every score carries its model version.

BMIE Market Score: 82 (High confidence)

Component	Value	Rank	Weight	Adds
Consumer Market Score	77.2	77	40%	+30.9
Restaurant Opportunity Score	83.7	84	35%	+29.3
Market Momentum Score	86	86	25%	+21.5

Health index, advertising, whitespace, competition and risk components join in later versions.

Consumer Market Score: 77 (High confidence)

Component	Value	Rank	Weight	Adds
Population (ACS)	15,912	78	40%	+31.0
Median household income (ACS)	94,113	77	40%	+30.7
Households (ACS)	6,100	77	20%	+15.5

Percentile-rank composite. No spending model yet: income and size stand in for spending capacity.

Restaurant Opportunity Score: 84 (High confidence)

Component	Value	Rank	Weight	Adds
10-year restaurant growth	100	92	35%	+32.2
Restaurants per 10,000 residents (lower = more room)	7.5	82	25%	+20.6
Population (ACS)	15,912	78	20%	+15.5
Median household income (ACS)	94,113	77	20%	+15.4

Whitespace, competition and demand signals are not yet available; this version uses growth, density, size and income only.

Market Momentum Score: 86 (High confidence)

Component	Value	Rank	Weight	Adds
5-year restaurant growth	20	77	50%	+38.7
10-year restaurant growth	100	92	30%	+27.6
20-year restaurant growth	500	99	20%	+19.7

Restaurant-count growth only until population and income growth series exist.

A high score is a statistical position among all U.S. ZCTAs, not a prediction that a restaurant will succeed.

Restaurants on file (28)

By cuisine

Bakery 6 · Pizza 5 · Asian 3 · Dessert 3 · Italian 3 · Sandwiches 3 · Coffee 2 · Japanese 2 · American 1 · Chinese 1 · European 1 · German / Eastern European 1 · Juice / smoothies 1 · Latin American (other) 1 · Mexican 1 · Steakhouse 1 · Sushi 1

By type

Restaurant (service type not stated) 14 · Bakery 6 · Bar 5 · Dessert 3 · Quick service 3 · Café 2 · Casual dining 2 · Specialty food shop 2 · Juice, smoothie, tea 1 · Other 1

Name	Type	Cuisine	Address	Status
Big Apple Pizza & Pasta	Restaurant (service type not stated)	Pizza	2950 9Th St SW, 2950 9Th St SW	open
Cap's Pizza	Restaurant (service type not stated)	Pizza · Italian	725 27th Ave SW	open
Cigar Cantina	Bar		75 43rd Ave	open
Cut Rite Outback	Restaurant (service type not stated)	Steakhouse	7785 21st St SW	open
Daddys Donuts	Bakery · Dessert · Café	Dessert · Coffee · Bakery	755 27th Ave SW #3	open
Davila's Pizza - Oslo Davila's Pizza	Restaurant (service type not stated)	Pizza · Italian	4125 9th St SW	open
El Tapatio Mexican Grill	Restaurant (service type not stated)	Mexican · Latin American (other)	4165 9th St SW	open
Eva's Polish Kitchen	Restaurant (service type not stated)	German / Eastern European	40 43rd Ave	open
Faith & Flour	Bakery · Dessert	Bakery · Dessert	5790 25th St SW	open
Falana's Irish Pub	Bar		5285 Sapphire Ln SW	open
Fire And Wine South County	Restaurant (service type not stated)	American	2950 9th St SW	open
Key Lime Cove Village C	Bar		5400 Key Lime Mnr SW	open
Little Caesars Pizza Little Caesars	Quick service · Restaurant (service type not stated)	Pizza	755 27th Ave SW	open
Missy’s Pioneer Pantry	Bakery	Bakery	6176 7th Pl	open
Nonna Lina’s Italian Market, Deli & Bakery	Specialty food shop · Quick service · Bakery	Sandwiches · Bakery	2950 9th St SW	open
ONIKU HIBACHI Hibachi-San	Restaurant (service type not stated)	Japanese · Asian	4125 9th St SW	open
Oslo Café	Café · Restaurant (service type not stated)	Coffee · European	2950 9th St SW #105	open
Palm Isles Beach Resort Tiki Bar and Grill.	Casual dining · Bar			open
Plum Tree	Restaurant (service type not stated)	Chinese · Asian	4165 9th St Sw Spc 11	open
Pono Nutrition Vero Beach	Juice, smoothie, tea	Juice / smoothies	3650 2nd Pl SW	open
Quiznos Sub	Other	Sandwiches	4165 9th St SW	open
Rise & Thrive Sourdough Bakery	Bakery	Bakery	2925 1st Pl	open
Tiki Bar Sebastian, Florida	Bar · Casual dining			open
Vero Backroads Sweets & More	Dessert · Bakery	Dessert · Bakery	7350 17th St SW	open
Vero's Heroes!	Restaurant (service type not stated) · Quick service · Specialty food shop	Sandwiches	975 27th Ave SW	open
Vittorio's Pizza	Restaurant (service type not stated)	Italian · Pizza	2980 Oslo Rd	open
ZENSHI Handcrafted Sushi Zenshi Sushi	Restaurant (service type not stated)	Japanese · Sushi · Asian	4145 Oslo Rd	open
Original Philly Llc	Restaurant (service type not stated)		4165 9th St SW	closed

Listings: Overture Maps Places (CDLA-Permissive-2.0), matched into the BMIE restaurant master. Census establishment counts and listing counts differ by definition (Census counts employer establishments in the reference week; listings are places currently mapped).

Restaurant establishments over time

Year	All food service	Restaurants	Full-service	Limited-service	Snack & beverage	Bars	Industry codes
1994	3	3	—	—	—	—	SIC1987
1995	4	4	—	—	—	—	SIC1987
1996	3	3	—	—	—	—	SIC1987
1997	5	5	—	—	—	—	SIC1987
1998	4	4	2	—	2	—	NAICS1997
1999	3	3	2	—	1	—	NAICS1997
2000	7	6	5	—	1	1	NAICS1997
2001	9	8	6	1	1	1	NAICS1997
2002	4	3	2	—	1	1	NAICS1997
2003	2	2	2	—	—	—	NAICS2002
2004	8	7	4	2	1	—	NAICS2002
2005	6	5	2	2	1	—	NAICS2002
2006	4	3	1	2	—	—	NAICS2002
2007	4	3	1	2	—	—	NAICS2002
2008	8	7	1	4	2	—	NAICS2007
2009	5	4	1	2	1	—	NAICS2007
2010	6	6	2	2	1	—	NAICS2007
2011	7	7	3	4	—	—	NAICS2007
2012	8	8	2	6	—	—	NAICS2012
2013	6	6	2	4	—	—	NAICS2012
2014	6	6	2	4	—	—	NAICS2012
2015	9	9	4	5	—	—	NAICS2012
2016	10	10	6	4	—	—	NAICS2012
2017	11	11	6	5	—	—	NAICS2017
2018	10	10	5	4	—	—	NAICS2017
2019	12	12	6	5	—	—	NAICS2017
2020	12	11	5	5	—	—	NAICS2017
2021	11	11	4	6	—	—	NAICS2017
2022	14	14	7	6	—	—	NAICS2022
2023	13	12	6	5	—	—	NAICS2022

U.S. Census Bureau, ZIP Code Business Patterns, by USPS ZIP 32968. Categories are BMIE roll-ups of the published SIC/NAICS codes (full vs limited service is not split under SIC). More years load in stages.

Nearby markets (within 5 miles)

None within 5 miles.