Living in Indian River Shores, Florida
Cost of living, income, home prices, rent and demographics of Indian River Shores · Census data 2020–2024
Indian River Shores has 4,386 residents with a median age of 74.3. The median household income is $156,037 (109% higher than the Florida median), the median home value is $1,132,000, the median rent is $2,185/month.
Indian River Shores at a glance
- Population
- 4,386
- Median age
- 74.3State: 42.6
- Median household income
- $156,037State: $74,568
- Median home value
- $1,132,000State: $359,000
- Median rent
- $2,185/moState: $1,669
- Homeowners
- 97.6%
- Bachelor's degree or higher
- 79.3%
- Average commute
- 13 min
Is Indian River Shores a good place to live?
Pros: Median household income 109% higher than the Florida median; an average commute of 13 minutes; unemployment of 2.1%; a poverty rate of 6.7%.
Cons: Home values 215% higher than the state median.
The weather is best in February–March and November–December.
Cost of living in Indian River Shores
Housing is the biggest part of the cost of living. In Indian River Shores the median home value is $1,132,000, 240% higher than the U.S. median. Renters pay a median of $2,185 per month, which is 51% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Indian River Shores median household income
The median household income in Indian River Shores is $156,037 and the income per person is $139,319. 6.7% of residents live below the poverty line (Florida: 12.6%).
Housing in Indian River Shores: homes for sale and rent
- Housing units
- 3,753
- Owner-occupied
- 97.6%
- Renter-occupied
- 2.4%
- Vacant
- 33.2%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 1.75
33.2% of homes are vacant most of the year, a sign that Indian River Shores has many vacation and second homes.
Indian River Shores demographics
- Population
- 4,386
- Median age
- 74.3
- Under 18
- 4.7%
- 65 and older
- 73.1%
- Households
- 2,506
- Foreign-born
- 9.6%
- Veterans
- 10.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Indian River Shores ›
Education in Indian River Shores
79.3% of adults 25 and older in Indian River Shores have a bachelor's degree or higher (Florida: 34.1%), and 35.3% have a graduate or professional degree.
Jobs and commute in Indian River Shores
- Unemployment rate
- 2.1%State: 4.8%
- Average commute
- 13 minState: 28 min
- Work from home
- 40.4%
- Drive alone
- 51.4%
- Public transit
- 0%
- Walk to work
- 2.4%
- Homes with broadband
- 84.5%
Indian River Shores vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Indian River Shores | 4,386 | $156,037 | $1,132,000 | $2,185 |
| Winter Beach | 4,985 | $92,394 | $472,200 | $2,295 |
| Wabasso Beach | 2,262 | $115,739 | $654,100 | — |
| Gifford | 4,668 | $33,175 | $236,000 | $892 |
| Vero Beach | 17,042 | $69,758 | $391,900 | $1,221 |
| Wabasso | 1,467 | $59,006 | $401,400 | — |
| Orchid | 441 | $250,001 | $2,000,001 | — |
| Windsor | 338 | $250,001 | $2,000,001 | — |
| Vero Beach South | 30,344 | $73,420 | $335,200 | $1,314 |
More for people moving to Indian River Shores
Indian River Shores ZIP code ›Weather and climate ›Living in Indian River Shores: FAQ
What is the median household income in Indian River Shores, FL?
The median household income in Indian River Shores is $156,037, 109% higher than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Indian River Shores?
The median home value in Indian River Shores is $1,132,000, compared with $359,000 in Florida.
How much is rent in Indian River Shores?
The median gross rent in Indian River Shores is $2,185 per month, about 51% of household income.
Is Indian River Shores, FL a good place to live?
Pluses: median household income 109% higher than the Florida median; an average commute of 13 minutes; unemployment of 2.1%; a poverty rate of 6.7%. Minuses: home values 215% higher than the state median.
What is the median age in Indian River Shores?
The median age in Indian River Shores is 74.3 years (Florida: 42.6).
How long is the commute in Indian River Shores?
The average commute to work in Indian River Shores is 13 minutes; 40.4% of workers work from home.
What is the unemployment rate in Indian River Shores?
The unemployment rate in Indian River Shores is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Indian River Shores?
79.3% of adults in Indian River Shores have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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