My parents have lived there since 2010. Vero has plenty of room to grow, unlike a lot of South Florida.

However, my bet is on this data being skewed not by the home costs, but by the income number. There is a small but sizable contingent of HNW individuals who call Vero home. The area is known as the Treasure Coast for a reason. The barrier island has some super exclusive communities with multi-million dollar real estate; the mainland has places where you can buy new houses for $400K+ even now.