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CITY

Indian River

Michigan · 2,039 residents · 12.927 sq mi
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The short version

Indian River has lower-than-average household income, with a median household income of $62,140. Population has held roughly steady since 2000. 46% of adults hold a bachelor's degree or higher. Median home value has more than doubled since 2000, reaching $314,100. With a median age of 62.7, the population is older than the US median of 38.9. 46% of adults hold a bachelor's degree, well above the US average, yet household income trails the national figure — a profile common to graduate-student tracts and academic hubs.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 62.7
US median: 38.9
More educated
46% hold a bachelor's degree
US average: 36%
Less affordable
home values up 43%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,039
+2%since 2000
from 2,008 in 2000
2000 – 2024
Population density
158 / sq mi
+2%since 2000
from 155 / sq mi in 2000
US average: 281
Median age
62.7
+33%since 2000
from 47.2 in 2000
US average: 38.9
Population, 2000 – 2024
1K2K2K2K2K2000201020202024Indian River
20242K
2000201020202024
Section 02

Income & economy

Median household income
$62,140
−2%inflation adjusted, since 2000
from $34,854 in 2000
US average: $82,259
2000 – 2024
Per capita income
$57,274
+184%since 2000
from $20,191 in 2000
US average: $44,673
Households earning $100K+
46.6%
+17.8 ptssince 2009
from 28.9% in 2009
US average: 53.3%
Poverty rate
10.6%
+3.5 ptssince 2000
from 7.1% in 2000
US average: 12.5%
Income inequality (Gini)
0.526
+21%since 2010
from 0.435 in 2010
US average: 0.476
Workforce by industry, 2024
Information16.1%
US avg: 10.8%
Wholesale trade12.6%
US avg: 6.9%
Retail trade8.1%
US avg: 9.9%
Finance & insurance5.1%
US avg: 5.9%
Professional, scientific, technical5.1%
US avg: 5.1%
Agriculture, forestry, fishing2.2%
US avg: 1.6%
Construction2.2%
US avg: 1.2%
Other services1.7%
US avg: 6.7%
Public administration1.7%
US avg: 4.8%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$314,100
+43%inflation adjusted, since 2000
from $120,900 in 2000
US average: $376,019
2000 – 2024
Owner-occupied
83.5%
+2.6 ptssince 2000
from 80.8% in 2000
16.5% rent
Vacancy rate
45.8%
−4.7 ptssince 2009
from 50.4% in 2009
US average: 10.0%
Owner cost-burdened
30.5%
−3.9 ptssince 2009
from 34.4% in 2009
US average: 22.9%
Renter cost-burdened
45.3%
−18.1 ptssince 2009
from 63.3% in 2009
US average: 47.4%
Afford Score
5.1
+46%since 2000
from 3.5 in 2000
2000 – 2024
Gentrification Score
67
RELATED:See current rent listings in Indian River on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.2%(1,932)
Black0%(1)
Hispanic / Latino1.4%(29)
Asian0.1%(2)
Other0%
Diversity Score4%(81)
2024
White, non-Hispanic92.6%(1,889)
Black0%(0)
Hispanic / Latino0.8%(16)
Asian0%(0)
Other6.6%(134)
Diversity Score17.2%(350)
Diversity Score
17
+328%since 2000
from 4 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
46.5%
+28.6 ptssince 2000
from 17.8% in 2000
US average: 35.6%
High school or higher
92.4%
+5.8 ptssince 2000
from 86.6% in 2000
US average: 89.6%
Graduate degree
21.2%
+16.2 ptssince 2000
from 5.0% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
32.7 min
+103%since 2000
from 16.1 min in 2000
US average: 26.5
Drive alone to work
84.4%
+18.2 ptssince 2009
from 66.1% in 2009
US average: 68.9%
Carpooled to work
2.0%
−8.0 ptssince 2009
from 9.9% in 2009
US average: 8.5%
Public transit
0.0%
−2.7 ptssince 2009
from 2.7% in 2009
US average: 3.2%
Worked from home
11.8%
+10.1 ptssince 2009
from 1.8% in 2009
US average: 15.0%
Walked to work
0.0%
−19.5 ptssince 2009
from 19.5% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
5.8%
+1.7 ptssince 2009
from 4.1% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.8%
−11.6 ptssince 2011
from 15.4% in 2011
US average: 5.2%
Labor force participation
44.3%
−2.9 ptssince 2011
from 47.3% in 2011
US average: 63.5%
Self-employed
19.5%
+7.3 ptssince 2009
from 12.2% in 2009
US average: 13.1%
Management & professional
49.0%
−14.1 ptssince 2009
from 63.1% in 2009
US average: 42.5%
Section 08

People & community

Male
48.2%
−2.2 ptssince 2009
from 50.3% in 2009
Female
51.8%
+2.2 ptssince 2009
from 49.7% in 2009
Foreign born
3.3%
+2.3 ptssince 2009
from 1.0% in 2009
US average: 14.1%
Veterans
7.9%
−39.0 ptssince 2009
from 46.9% in 2009
US average: 6.2%
With a disability
32.5%
+11.9 ptssince 2012
from 20.6% in 2012
US average: 13.3%
Uninsured
1.8%
−87.9 ptssince 2013
from 89.7% in 2013
US average: 8.4%
Broadband at home
92.9%
+28.7 ptssince 2017
from 64.2% in 2017
US average: 91.0%
English only at home
96.7%
−2.7 ptssince 2016
from 99.4% in 2016
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2016
from 0.0% in 2016
US average: 13.6%
Drill deeper

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INDIAN RIVER VS
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Frequently asked

How many people live in Indian River, Michigan?

Indian River, Michigan has about 2,039 residents according to the 2024 American Community Survey.

What is the median household income in Indian River, Michigan?

The typical household in Indian River, Michigan earns about $62,140 a year. Half of households make more than that, and half make less.

Is Indian River, Michigan expensive?

In Indian River, Michigan, the median home is worth about $314,100.

How educated are people in Indian River, Michigan?

About 46.5% of adults age 25 and over in Indian River, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Indian River, Michigan?

About 10.6% of people in Indian River, Michigan live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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