William Corbin and the BDBMC Welcomes New Board Members
April 2, 2025
(Includes direct, indirect, and included spreading)
(Direct, indirect and included)
Home to a $227 million maritime economy that supports more than 5,000 jobs, Martin County FL is an ideal location for marine-based companies.
up 9% over the past 12 years — from 15,422 in 2010
worth $4.69 Million ($2.18lb)
As a whole industry captures 4.3% of the regional Gross Domestic Product (GDP) of $31.6 billion per year across Indian River, Martin, and St Lucie Counties.
Annual wages for marine industries jobs in 2023 averaged: $54,132 per year in Indian River County, $66,048 per year in Martin County, and $56,798 per year in St. Lucie County
Martin County:
St. Lucie County:
Indian River County:
The three counties contained a combined 42,734 registered boats in 2022, which reflects an overall increase of 8,396 vessels (24% since 2010)
In 2024, the Marine Industries Association of the Treasure Coast hosted its 50th annual Stuart Boat Show, which saw nearly 10,500 attendees. This resulted in a higher share of visitor spending in the accommodations and food category and a 21% increase in the average visitor spending in the retail category.
The annual event, typically the second weekend in January, is named one of the TOP 20 EVENTS in southeast Florida by the Southeast Tourism Society.
The three counties contained a combined 42,734 registered boats in 2022, which reflects an overall increase of 8,396 vessels (24% since 2010)
In strategic partnership with marine industry leaders, IRSC plans to establish a cutting-edge Marine Institute strategically located adjacent to a working waterfront in Indiantown. This initiative will proactively address the critical workforce needs of the marine industry, empowering hundreds of employers and high-demand skilled professionals. By bridging the gap between in-demand careers and a highly-skilled workforce, the Institute will drive economic growth and ensure the long-term success of the region’s vital marine sector.
To learn more about this program and how you can support the future, contact Maygan Johnson, Senior Director of Development, Indian River State College Foundation.
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