Indian River, MI demographics:
population, income, and more

Total population
2,039
-7.7% year-over-year change
Median household income
$62,140/yr
2.3% year-over-year change
Housing units
1,997
-2.2% year-over-year change

Indian River population

How many people live in Indian River

Indian River is home to 2,039 residents, according to the most recent Census data. Gender-wise, 48.2% of Indian River locals are male, and 51.8% are female.

Total population
2,039
-7.7% year-over-year change
Gender ratio
Male
48.2%
982
Female
51.8%
1,057
Value Percent YoY change
Male 982 48.2% -9.0%
Female 1,057 51.8% -6.5%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Indian River is 63, with the population distributed as follows: about 4.5% are children under 15, then 10% are in the 15 to 24 age group. Adults between 25 and 44 make up 10% of the population, while another 31.4% fall into the 45 to 64 bracket. Finally, around 44.2% are 65 or older.

Median age
62.7
Age breakdown
Under 15
4.5%
15 to 24
10%
25 to 44
10%
45 to 64
31.4%
Over 65
44.2%
Value Percent YoY change
Under 15 91 4.5% 1.1%
15 to 24 203 10% -13.2%
25 to 44 203 10% -29.8%
45 to 64 640 31.4% -22.7%
Over 65 902 44.2% 17.3%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Indian River, 95.8% of the population are US-born citizens, while 4.2% have gained naturalized citizenship. There’s also a share of 6.9% that includes residents with two or more races.

Citizenship
U.S.-born citizens
95.8%
Non-U.S.-born citizens
4.2%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 1,954 95.8% -7.7%
Non-U.S.-born citizens 85 4.2% -8.6%
Racial breakdown
White
92.6%
Black or African American
0%
American Indian and Alaska Native
0.4%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
6.9%
Other
0%
Value Percent
White 1,889 92.6%
American Indian and Alaska Native 9 0.4%
Two or more races 141 6.9%

Households in Indian River

A peek inside Indian River households

Indian River has 1,083 households, with an average of 2 members in each. Of these, 49.7% are families, while the remaining 50.3% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,083
-3.6% year-over-year change
Average people per household
2
Non-family households
545
Family households
538
Value Percent YoY change
Non-family households 545 50.3% -5.5%
Family households 538 49.7% -1.6%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Indian River

The housing landscape of Indian River

Indian River's housing consists of 1,997 units, with 89.7% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.8% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 2.2% of the housing landscape.

Housing units
1,997
-2.2% year-over-year change
Housing types
Value Percent
1 unit, detached 1,792 89.7%
1 unit, attached 17 0.8%
2 units 16 0.8%
3 or 4 units 25 1.2%
5 to 9 units 11 0.6%
10 to 19 units 93 4.7%
Mobile home 43 2.2%
Homes built since 2020
8
% year-over-year change

The age of buildings in Indian River

In Indian River, the median construction year is 1984. About 7.1% of homes were built before the 1940s, with another 3.2% going up by 1949. Most development happened in the second half of the 20th century. Then, 14.3% of homes were added from 2000 to 2009, 2% between 2010 and 2019, and 0.4% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 142 7.1% 44.9%
Built between 1940 and 1949 64 3.2% 33.3%
Built between 1950 and 1959 123 6.2% -23.1%
Built between 1960 and 1969 176 8.8% 25.7%
Built between 1970 and 1979 369 18.5% -22.0%
Built between 1980 and 1989 345 17.3% -6.2%
Built between 1990 and 1999 444 22.2% -2.6%
Built between 2000 and 2009 285 14.3% 6.3%
Built between 2010 and 2019 41 2% 28.1%
Built in 2020 or later 8 0.4% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Indian River occupancy rates

Out of the 1,083 occupied housing units in Indian River, 83.5% are owner-occupied, while 16.5% are lived in by tenants. Meanwhile, 45.8% of all homes on the local market sit vacant.

Occupied housing units
1,083
-3.6% year-over-year change
Occupancy breakdown
Renter occupied
179
Owner occupied
904
Value Percent YoY
change
Renter occupied 179 16.5% -18.3%
Owner occupied 904 83.5% -0.1%
Unoccupied housing units
45.8%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Indian River housing costs

Median housing costs per month
$794/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.

Education in Indian River

Indian River education at a glance

About 29.4% of the population in Indian River went to high school, while 18.5% pursued college studies. Another 6.6% earned an associate degree and 25.7% hold a bachelor’s. Meanwhile, 19.8% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
High school diploma 549 29.4% -32.6%
College diploma 346 18.5% 10.5%
Associate degree 123 6.6% -6.8%
Bachelor's degree 479 25.7% 32.0%
Graduate degree 370 19.8% -8.9%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Indian River

How much people earn in Indian River

The average annual household income in Indian River was $105,485 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +18.4% change from the previous year. At the same time, the median income stood at $62,140, reflecting a +2.3% shift over the same period.

Average household income in Indian River
$105,485/year
18.4% year-over-year change
Median household income in Indian River
$62,140/year
2.3% year-over-year change

Indian River income by age

In Indian River, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $66,850. Those with someone between 45 and 64 in charge, often well established professionally, earn $85,809 overall. Overall, 89.4% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $66,850 303.2%
45 - 64 $85,809 -1.1%
Above poverty level
1,822
Below poverty level
217
Value Percent YoY
change
Above poverty level 1,822 89.4% -1.8%
Below poverty level 217 10.6% -38.7%

Employment in Indian River

Workforce and job types in Indian River

The job market in Indian River is powered by 819 working residents, spread across a range of industries and roles. 80.6% of the working population are employed in professional or administrative positions, while 19.4% are in hands-on or service-based jobs. Also, 13.2% run their own businesses, 46.3% are employed by private companies, and 22% work in the public sector.

Workforce demographics

Working population
819
-25.8% year-over-year change
White collar
660
Blue collar
159
Value Percent YoY change
White collar 660 80.6% -23.6%
Blue collar 159 19.4% -33.5%
Employer type
Self employees
13.2%
Private companies
46.3%
Governmental workers
22%
Not for profit companies
18.6%
Value Percent YoY change
Self employees 108 13.2% -20.6%
Private companies 379 46.3% -39.8%
Governmental workers 180 22% -14.7%
Not for profit companies 152 18.6% 19.7%
Unemployment rate
3.8%
-25.6% year-over-year change

Available workforce

The unemployment rate in Indian River stands at 3.8%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Indian River

How people get around in Indian River

Means of transportation
Value Percent YoY change
Car 707 86.3% -27.9%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Indian River by zipcode?

Zipcode Population Number of households Median income Average income
49749 4,411 2,140 $65,608 $97,483

Explore more communities

FAQs about Indian River demographics 

What is the total population of Indian River?

Indian River has a total population of 2,039 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -7.7% compared to a year ago.

What is the gender ratio in Indian River?

The gender ratio in Indian River is as follows:
  • 48.2% males (982 residents)
  • 51.8% females (1,057 residents)

What is the median age in Indian River?

The median age in Indian River is 62.7.

What is the age distribution of the population in Indian River?

The age distribution in Indian River is as follows:
  • Under 15: 4.5% (91 residents)
  • Ages 15-24: 10% (203 residents)
  • Ages 25-44: 10% (203 residents)
  • Ages 45-64: 31.4% (640 residents)
  • Over 65: 44.2% (902 residents)

What is the racial and ethnic makeup of Indian River?

The racial and ethnic makeup of Indian River is as follows:
  • White: 92.6% (1,889 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0.4% (9 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 6.9% (141 residents)
  • Other: 0% (0 residents)

What percentage of the population in Indian River are U.S.-born citizens?

U.S.-born citizens represent 95.8% of the population in Indian River.

How many housing units are there in Indian River?

There are 1,997 housing units in Indian River, reflecting a -2.2% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Indian River and what is the average household size?

Indian River has a total of 1,083 households, with an average of 2 people in each.

What is the median household income in Indian River?

Indian River has a median household income of $62,140, representing a +2.3% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Indian River?

The employment rate is 96.2% in Indian River, with a workforce of 819 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 80.6% (660 residents)
  • Blue-collar workers: 19.4% (159 residents)

Places of employment:
  • Self-employed: 13.2% (108 residents)
  • Private companies: 46.3% (379 residents)
  • Governmental workers: 22% (180 residents)
  • Not-for-profit companies: 18.6% (152 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025