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Florida / Indian River County / Sebastian

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Sebastian

City, Indian River County. Population 27,367 (2025), +1.7% on the prior year, +9.2% since 2020 Last updated 2026-10-04.

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BusinessFlare® GIS, live. 17.4 square miles of land inside the limits.

Population

2025
Population27,367Population, April 1, 1979 to 2025197927.4k high2025
Change since the prior year+1.7%2024 to 2025
Change since 2020+9.2%2020 to 2025
Census 202025,0542020

University of Florida Bureau of Economic and Business Research, Florida Estimates of Population, retrieved 2026-10-01 | Population estimates

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Basis of the latest figureestimate2025

Population by year

April 1 of each year. Basis is census in a census year, otherwise BEBR's estimate.

YearPopulationBasisChange
202527,367estimate+1.7%
202426,907estimate+1.9%
202326,405estimate+1.9%
202225,915estimate+1.8%
202125,454estimate+1.6%
202025,054census-0.5%
201925,168estimate+2.2%
201824,630estimate+1.8%
201724,192estimate+1.9%
201623,732estimate+2.6%
201523,137estimate+2.3%
201422,622estimate+1.5%
201322,296estimate+0.5%
201222,188estimate+0.9%
201121,995estimate+0.3%
201021,929census-3.5%
200922,722estimate-0.9%
200822,924estimate+2.2%
200722,426estimate+3.5%
200621,666estimate+8.1%
200520,048estimate+3.5%
200419,365estimate+6.0%
200318,275estimate+4.9%
200217,425estimate+3.7%
200116,796estimate+3.8%
200016,181census+3.0%
199915,707estimate+3.9%
199815,115estimate+4.5%
199714,470estimate+3.6%
199613,967estimate+3.6%
199513,488estimate+5.4%
199412,800estimate+5.3%
199312,154estimate+5.1%
199211,569estimate+5.0%
199111,019estimaten/a
19898,445estimate+9.0%
19887,748estimate+9.5%
19877,074estimate+11.2%
19866,360estimate+13.5%
19855,604estimate+8.9%
19845,145estimate+11.0%
19834,636estimate+9.7%
19824,225estimate+20.0%
19813,520estimaten/a
19791,918estimaten/a

Labor force

Aug 2026
Unemployment rate6.1%Unemployment rate, not seasonally adjusted, Jan 2017 to Aug 2026Jan 201715.6% highAug 2026
Labor force10,525Aug 2026
Employment9,886Aug 2026
Unemployed639Aug 2026
Rate a year earlier5.4%Aug 2025
Labor force, change on a year earlier+0.2%Aug 2026

US Bureau of Labor Statistics, Local Area Unemployment Statistics, retrieved 2026-10-01 | Labor force page

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Latest month is preliminaryyesAug 2026

Monthly, last three years

Not seasonally adjusted. The latest month may be preliminary.

MonthLabor forceEmployedUnemployedRate
Aug 202610,5259,8866396.1%
Jul 202610,4839,8496346.0%
Jun 202610,5559,9206356.0%
May 202610,5009,9255755.5%
Apr 202610,5519,9705815.5%
Mar 202610,5399,9725675.4%
Feb 202610,6109,9796315.9%
Jan 202610,6029,9076956.6%
Dec 202510,5929,9626305.9%
Nov 202510,6319,9526796.4%
Sep 202510,5459,9875585.3%
Aug 202510,5039,9365675.4%
Jul 202510,52410,0015235.0%
Jun 202510,55010,0505004.7%
May 202510,56010,1394214.0%
Apr 202510,69310,2644294.0%
Mar 202510,69810,2734254.0%
Feb 202510,72110,2654564.3%
Jan 202510,82210,3125104.7%
Dec 202410,64710,2174304.0%
Nov 202410,53410,0894454.2%
Oct 202410,43210,0004324.1%
Sep 202410,57110,1084634.4%
Aug 202410,55510,0834724.5%
Jul 202410,60210,1234794.5%
Jun 202410,54310,0884554.3%
May 202410,56510,1584073.9%
Apr 202410,62310,2593643.4%
Mar 202410,65410,2823723.5%
Feb 202410,64610,2513953.7%
Jan 202410,68810,2374514.2%
Dec 202310,68910,2874023.8%
Nov 202310,63010,2174133.9%
Oct 202310,62110,1904314.1%
Sep 202310,60510,1504554.3%
Aug 202310,61110,1524594.3%

Annual averages

YearLabor forceEmployedUnemployedRate
202510,62210,1045184.9%
202410,58810,1584304.1%
202310,58110,1953863.6%
202210,2189,8603583.5%
20219,7679,2744935.0%
20209,6088,8217878.2%
20199,7579,3593984.1%
20189,6529,2304224.4%
20179,5329,0155175.4%

Sales and visitor spending

12 months to Mar 2026
BusinessFlare® estimate, last 12 months$549.1M

Monthly series, visitor, resident and big ticket groups, chart and workbook with the pass. Get the pass / Sign in Wide error flag.

Pass holders: once signed in on the pass page, the monthly estimate loads here.

Economic Census geographic area series, retail trade and accommodation and food services, 2017 and 2022, retrieved 2026-10-01; BusinessFlare® city-level sales and visitor spending estimate (method and error; the figures are Street Economics Pass data), retrieved 2026-10-04 | How the estimate is made

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BusinessFlare® estimate from public sources. The estimate anchors on the sales the US Census Bureau published for this place in the 2017 and 2022 Economic Census, for retail trade and for accommodation and food services, and moves them month by month with the county's sales tax returns by kind of business (Florida Department of Revenue Form 10). After the 2022 anchor the place's share of the county moves with the growth of its commercial property on the Department's 2026 tax roll, as submitted by the county property appraiser, by use code: stores, shopping centers, supermarkets and auto dealers for retail; restaurants, bars and hotels for accommodation and food. The three spending groups follow the county's kind code mix within each sector. Every place with both anchors was carried from 2017 to 2022 the same way and the landing on the 2022 Census figure is the published error.

A landing error over 25% carries a wide error flag. The error is published with every figure; an estimate is never shown without it. Rounded to the nearest hundred thousand dollars; the monthly series is pass data.

Statewide median error, 2017 to 2022 back-test15.7%2017 to 2022
Retail trade (NAICS 44-45): Census sales 2017$220M2017
Retail trade (NAICS 44-45): Census sales 2022$482M2022
Retail trade (NAICS 44-45): 2022 landing error31.0%2022
Accommodation and food services (NAICS 72): Census sales 2017n/a2017
Accommodation and food services (NAICS 72): Census sales 2022$54.2M2022
Accommodation and food services (NAICS 72): 2022 landing errorn/a2022

Economic Census anchors and the back-test

SectorCensus sales 2017Census sales 20222017 carried to 2022Landing error
Retail trade (NAICS 44-45)$220M$482M$332M31.0%
Accommodation and food services (NAICS 72)n/a$54.2Mn/an/a
  • wide error: the 2017 carry-forward landed 31% from the 2022 Census figure for Retail trade (NAICS 44-45)
  • first published in 2022 for Accommodation and food services (NAICS 72): no back-test for this sector

Business base

Aug 2026
Licensed food service, lodging and alcohol businesses214New licenses by month, Sep 2016 to Aug 2026Sep 20167 highAug 2026
Food service licenses61Aug 2026
Lodging licenses90Aug 2026
Alcoholic beverage licenses63Aug 2026
New licenses, last 12 months6Aug 2026
New business filings, last 12 months (postal city)486Sep 2026
Change on the 12 months before+6.1%Sep 2026
New filings, latest month34Sep 2026

County Business Patterns and ZIP Code Business Patterns, complete data files, retrieved 2026-10-01; Florida DBPR active licensure base files: public food service, public lodging and retail alcoholic beverage licenses, retrieved 2026-10-01; Florida Division of Corporations (Sunbiz) bulk corporate data files, new entity filings by month, retrieved 2026-10-01 | Licenses Business formations

Licenses are placed inside the city limits by their geocoded address.

Business formations are by postal city: Sebastian, which is not the city limits.

Establishments, employment and payroll are a ZIP code basis: ZIP codes 32958.

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Establishments (ZIP basis)7272023
Employees, mid March (ZIP basis)6,3972023
Annual payroll (ZIP basis)$263M2023

Licenses by type

Counted licenses in DBPR's food service, lodging and alcoholic beverage files, placed by geocoded address.

License typeFileActive
2007-DWEL-SNGLlodging67
2010-SEATfood48
2COPalcohol20
2APSalcohol15
4COP-SFSalcohol10
2007-DWEL-CLCTlodging9
2014-MFDVfood7
3PSalcohol6
2010-NOSTfood6
11Calcohol5
4COPalcohol4
2003-NAPTlodging4
2002-MOTLlodging3
1APSalcohol2
2006-CNDO-GRPlodging2
13CTalcohol1
2001-HOTLlodging1
2003-TAPTlodging1
2005-BNBlodging1
2006-CNDO-SNGLlodging1
2007-DWEL-GRPlodging1

Filings by entity type, last 12 months

Sunbiz new entity filings by the ZIP code of the principal address, grouped to the USPS postal city (postal city: Sebastian)

Entity typeLast 12 months12 months before
Florida limited liability companies442411
Florida profit corporations2739
Florida non-profit corporations137
Out of state entities registering in Florida41
Partnerships, trusts and other filings00

ZIP Code Business Patterns, 2023

ZIP codes 32958: the ZIP codes whose Census internal point falls inside the city limits. A ZIP code crosses the limits, so this is a ZIP basis, not the city.

ZIP codeEstablishmentsEmployeesAnnual payroll
329587276,397$263M

Building permits

Aug 2026
Housing units permitted, last 12 months134Housing units permitted by month, Dec 2009 to Aug 2026Dec 200932 highAug 2026
Change on the 12 months before-14.1%Aug 2026
Permit valuation, last 12 months$45.7MAug 2026
Units, latest month14Aug 2026
Single family units, last 12 months132Aug 2026
Units in buildings of 5 or more, last 12 months0Aug 2026
Units, latest annual table1432025

US Census Bureau, Building Permits Survey, place and county residential permits, retrieved 2026-10-01 | Building permits

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Monthly, last three years

Residential permits as the Bureau publishes them; imputed months are the Bureau's imputations.

MonthUnits1 unit5 or moreValuation
Aug 202614140$4.81M
Jul 2026880$2.95M
Jun 202614140$4.8M
May 2026660$2.26M
Apr 2026880$2.61M
Mar 2026880$2.93M
Feb 202616160$5.12M
Jan 202615130$4.58M
Dec 202510100$3.27M
Nov 202515150$5.73M
Oct 2025770$2.22M
Sep 202513130$4.4M
Aug 202523230$7.69M
Jul 202513130$3.96M
Jun 202512120$3.85M
May 2025860$2.16M
Apr 2025770$2.28M
Mar 202512120$4.01M
Feb 202515150$4.13M
Jan 2025880$2.19M
Dec 202414140$3.93M
Nov 202413130$3.61M
Oct 202412120$3.67M
Sep 202419190$5.71M
Aug 202422220$6.77M
Jul 202415150$4.74M
Jun 202410100$2.87M
May 2024990$1.85M
Apr 202411110$3.47M
Mar 202415130$4.07M
Feb 202414140$4.08M
Jan 202415150$4.9M
Dec 2023770$1.76M
Nov 2023990$2.48M
Oct 202317170$4.35M
Sep 202316160$3.65M

Annual table

YearUnits1 unit5 or moreValuation
20251431410$45.9M
20241691670$49.7M
20231771650$43.4M
20222182080$57.6M
20212882880$71.1M
20201761760$42.9M
20191811810$43.2M
20181771770$42.2M
20171771770$40.5M
20161521520$34.7M
20151981980$44.2M
20141651650$36.8M
20131811810$38.6M
201259590$11.2M
201154540$10.2M

Property roll

2026 preliminary
Total just value$4.08B
Total taxable value (non school)$2.39B2026 preliminary
Total taxable value (school)$2.67B2026 preliminary
Just value, change on the prior roll+1.2%2025 final roll to 2026 preliminary
Taxable value (non school), change on the prior roll+4.9%2025 final roll to 2026 preliminary
Total just value, prior roll$4.03B2025 final roll
New construction value$51.6M2026 preliminary
Parcels13,8392026 preliminary

Florida Department of Revenue, NAL tax roll, 2026 preliminary and final as posted, retrieved 2026-10-03

Parcels are placed by Census block group through the Census Bureau's block assignment file; a parcel in a block group that straddles the limits is apportioned. Census 2020 block groups; 81% of the county's just value lies in a place. Medians are over the parcels whose block group lies mostly in the place. Qualified sales: the roll's own sale fields, qualification codes 01 and 02, improved, single parcel.

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Median single family just value$308K2026 preliminary
Qualified sales, last 12 months684Jun 2025 to May 2026
Median qualified sale price$365KJun 2025 to May 2026
Just value, residential$3.69B2026 preliminary
Just value, commercial$110M2026 preliminary
Just value, industrial$19.2M2026 preliminary
Just value, agricultural$25.4M2026 preliminary
Just value, vacant$114M2026 preliminary
Just value, institutional$39.4M2026 preliminary
Just value, government$63.6M2026 preliminary
Just value, other$17.5M2026 preliminary

Just value by use group

Department of Revenue land use codes grouped: residential 001 to 009, commercial 011 to 039, industrial 041 to 049, agricultural 050 to 069, vacant 000, 010, 040 and 070, institutional 071 to 079, government 080 to 089, other 090 to 099. Taxable is the non school taxable value. Just value change compares with the 2025 final roll, summed the same way.

Use groupParcelsJust valueTaxable (non school)New constructionResidential unitsJust value change
Residential11,880$3.69B$2.15B$50.8M12,233+1.0%
Commercial145$110M$107M$141Kn/a+0.1%
Industrial40$19.2M$19.1M$96.6Kn/a+2.6%
Agricultural31$25.4M$6M$317Kn/a+7.7%
Vacant1,470$114M$80.6M$1.31Kn/a+2.9%
Institutional54$39.4M$12.4M$7.65Kn/a-0.7%
Government189$63.6M$211K$242Kn/a+2.6%
Other30$17.5M$12.3M$0n/a+35.3%

Housing

2020 to 2024 ACS
Housing units12,976Homeownership rate, 1990 to 2024199087.0% high2024
Occupied units11,5862020 to 2024 ACS
Vacant units1,3902020 to 2024 ACS
Owner occupied households9,8682020-2024 5-Year
Renter occupied households1,7182020-2024 5-Year
Homeownership rate85.2%2020 to 2024 ACS
Cost burdened households, all tenures (over 30% of income)24.8%2025
Cost burdened renter households48.9%2025

Shimberg Center for Housing Studies, Florida Housing Data Clearinghouse, retrieved 2026-10-01 | Housing data

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Severely cost burdened renters (over 50%)29.6%2025
Assisted housing developments2Assisted Housing Inventory
Assisted units220Assisted Housing Inventory
Median gross rent$1.45K2020 to 2024 ACS
Median single family sale price$370K2024

Cost burden by income, 2025

Households by the share of income spent on housing, Shimberg Center estimates for 2025.

TenureIncome (share of area median)30% or less30.1 to 50%Over 50%
All households30% AMI or less8699569
All households30.01-50% AMI655209405
All households50.01-80% AMI1,239771529
All households80.01-120% AMI1,05822852
All householdsGreater than 120% AMI6,3642310
Renters30% AMI or less390232
Renters30.01-50% AMI33110144
Renters50.01-80% AMI105160215
Renters80.01-120% AMI116830
RentersGreater than 120% AMI729330
Owners30% AMI or less4799337
Owners30.01-50% AMI62299261
Owners50.01-80% AMI1,134611314
Owners80.01-120% AMI94214552
OwnersGreater than 120% AMI5,6351980

Single family sales by year

YearMedian priceSales
1996$74K291
1997$76K340
1998$80.6K336
1999$86.3K381
2000$88.3K448
2001$98.5K473
2002$111K477
2003$126K659
2004$164K667
2005$200K923
2006$219K716
2007$199K464
2008$155K394
2009$141K276
2010$129K323
2011$120K275
2012$127K381
2013$148K492
2014$160K604
2015$170K640

Assisted housing developments

Shimberg Center Assisted Housing Inventory.

DevelopmentAddressCityUnitsAssisted
Pelican Isles925 Pelican Isle CircleSebastian150150
Grace's Landing1055 Grace's Landing CircleSebastian7070

Fiscal

Sep 2026
Half-cent sales tax, latest month$172KHalf-cent sales tax distributions by month, Oct 2016 to Sep 2026Oct 2016$258K highSep 2026
Half-cent sales tax, fiscal year to date$2.3MFY2026 to Sep 2026
Half-cent sales tax, last 12 months$2.3MSep 2026
Half-cent sales tax, change on the 12 months before-4.3%Sep 2026
State revenue sharing, latest month$103KSep 2026
State revenue sharing, fiscal year to date$1.25MFY2026 to Sep 2026
State revenue sharing, last 12 months$1.25MSep 2026
State revenue sharing, change on the 12 months before+2.9%Sep 2026

Florida Office of Economic and Demographic Research, Expenditures and Revenues Reported by Florida's County and Municipal Governments, retrieved 2026-10-01; Florida Department of Revenue, Revenue Confirmation Online, distributions to local governments, retrieved 2026-10-01; Florida Department of Financial Services, LOGERx local government Annual Financial Report data, long-term debt outstanding, retrieved 2026-10-04 | Distributions Annual financial report

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Total revenues$50.9MFY2024
Revenues, change on the year before+34.2%FY2024
Total expenditures$40.7MFY2024
Expenditures, change on the year before+38.7%FY2024
Revenues per resident$1.89KFY2024
Long-term debt outstanding at year end$0FY2025

Half-cent sales tax, monthly distributions

As the Department of Revenue's ledger prints them; a blank month is a month with no line.

MonthDistributed
Sep 2026$172K
Aug 2026$184K
Jul 2026$182K
Jun 2026$194K
May 2026$223K
Apr 2026$187K
Mar 2026$197K
Feb 2026$241K
Jan 2026$187K
Dec 2025$184K
Nov 2025$173K
Oct 2025$177K
Sep 2025$197K
Aug 2025$174K
Jul 2025$194K
Jun 2025$210K
May 2025$234K
Apr 2025$211K
Mar 2025$197K
Feb 2025$239K
Jan 2025$212K
Dec 2024$189K
Nov 2024$171K
Oct 2024$177K
Sep 2024$171K
Aug 2024$174K
Jul 2024$195K
Jun 2024$213K
May 2024$232K
Apr 2024$207K
Mar 2024$205K
Feb 2024$246K
Jan 2024$203K
Dec 2023$199K
Nov 2023$186K
Oct 2023$185K

State revenue sharing, monthly distributions

As the Department of Revenue's ledger prints them; a blank month is a month with no line.

MonthDistributed
Sep 2026$103K
Aug 2026$103K
Jul 2026$103K
Jun 2026$102K
May 2026$102K
Apr 2026$102K
Mar 2026$102K
Feb 2026$102K
Jan 2026$102K
Dec 2025$109K
Nov 2025$109K
Oct 2025$109K
Sep 2025$112K
Aug 2025$112K
Jul 2025$112K
Jun 2025$94.9K
May 2025$94.9K
Apr 2025$94.9K
Mar 2025$94.9K
Feb 2025$94.9K
Jan 2025$94.9K
Dec 2024$94.9K
Nov 2024$105K
Oct 2024$105K
Sep 2024$105K
Aug 2024$105K
Jul 2024$105K
Jun 2024$105K
May 2024$105K
Apr 2024$105K
Mar 2024$105K
Feb 2024$105K
Jan 2024$105K
Dec 2023$105K
Nov 2023$105K
Oct 2023$105K

Long-term debt by fiscal year

Total long-term debt outstanding at fiscal year end, all funds, as the government reported it to the Department of Financial Services in its Annual Financial Report.

Fiscal yearDebt outstandingChange
FY2025$0n/a
FY2024$0n/a
FY2023$0-100.0%
FY2022$91.2K-24.6%
FY2021$121K-83.9%
FY2020$753K-49.0%
FY2019$1.48M-31.0%
FY2018$2.14M-23.3%
FY2017$2.79M-12.1%
FY2016$3.17M-28.8%
FY2015$4.46M-28.7%
FY2014$6.25M-26.9%
FY2013$8.56Mn/a

Revenues by category, FY2024

Sum of the fund columns in EDR's workbook for this government.

CategoryFY2024FY2023Change
General Government Taxes$16.6M$10.2M+63.0%
Permits, Fees, and Special Assessments$5M$9.61M-47.9%
Intergovernmental Revenues$5.73M$4.58M+25.0%
Charges for Services$3.09M$3.02M+2.3%
Judgments, Fines, and Forfeits$72K$171K-57.9%
Miscellaneous Revenues$7.18M$5.46M+31.6%
Other Sources$13.2M$4.86M+170.8%
Taxesn/an/an/a
Intergovernmental Revenuen/an/an/a
Permits and Franchise Feesn/an/an/a

Expenditures by category, FY2024

Sum of the fund columns in EDR's workbook for this government.

CategoryFY2024FY2023Change
General Government Services (Not Court-Related)$6.67M$6.49M+2.9%
Public Safety$8.79M$8.26M+6.4%
Physical Environment$7.07M$2.95M+139.3%
Transportation$6.7M$3.5M+91.6%
Economic Environment$229K$250K-8.1%
Culture / Recreation$2.98M$3.05M-2.5%
Other Uses and Non-Operating$8.29M$4.86M+70.4%
Other Usesn/an/an/a

Bank deposits

June 30, 2026
Deposits (offices reporting this city)$1BDeposits, June 30 each year, 1994 to 20261994$1.08B high2026
Change on a year earlier-4.4%June 30, 2026
Change, real-7.3%June 30, 2026
Branches7June 30, 2026
Institutions6June 30, 2026
Branches opened since the survey a year earlier0June 30, 2026
Branches closed since the survey a year earlier1June 30, 2026

FDIC Summary of Deposits, Florida offices, every June 30 since 1994, retrieved 2026-10-01 | Bank deposits

Offices whose reported city is Sebastian.

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Offices, June 30, 2026

Deposits as each office reports them to the FDIC; the city is the one the bank reports, not a municipal boundary.

InstitutionBranchAddressCityDeposits
Wells Fargo Bank, National AssociationSebastian Branch1524 Us Highway 1Sebastian$253M
Bank of America, National AssociationChesser'S Gap Branch710 S Fleming StSebastian$149M
TD Bank, National AssociationSebastian Branch13633 Us Highway 1Sebastian$143M
Seacoast National BankSebastian Branch1110 Roseland RdSebastian$129M
PNC Bank, National AssociationSebastian Office13035 Us Highway 1Sebastian$123M
Truist BankSebastian Branch9601 N Us Highway 1Sebastian$108M
PNC Bank, National AssociationWest Sebastian Branch993 Sebastian BlvdSebastian$97.8M

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