Indian River Estates, FL
Population 7,331 · Florida
About Indian River Estates, FL
Indian River Estates is a small town located in Florida with a population of 7,331 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,563 per year, which is 27% below the national median of $75,149. The median age of 43 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Indian River Estates features a median home value of $238,000, which is 3% below the national median of $244,900. This positions Indian River Estates in a moderately priced market relative to the rest of the country. Median monthly rent is $2,177, 87% above the national average of $1,163/month. Of the 3,178 total housing units, 91% are owner-occupied (2,665 units) and 9% are renter-occupied (250 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Indian River Estates shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 21.8%, above the national average of 12.4%. Workers in Indian River Estates have an average one-way commute time of 23.8 minutes.
Education & Demographics
15.4% of Indian River Estates residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 3.4% White, 1.0% Hispanic or Latino, 2.6% Black or African American, and 5.1% Asian residents, with 5.9% of the population being foreign-born.
Cost of Living in Indian River Estates, FL
Compared to national averages, Indian River Estates has a median household income of $54,563 (27% below the national median of $75,149). Home values average $238,000, which is 3% below the national median. Monthly rent at $2,177 is 87% above the US average of $1,163. Within Florida, Indian River Estates's income is 28% below the state average of $75,893, and home values are 33% below the state median of $353,675.
Why Live in Indian River Estates, FL?
Indian River Estates offers affordable housing with a median home value of $238,000, below the US average of $244,900, and short commute times averaging just 23.8 minutes.
Potential considerations include median household income ($54,563) that falls below the national average. However, Indian River Estates’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Indian River Estates has a population of 7,331 with a median age of 43 years. Compare Indian River Estates with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Indian River Estates
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Willow Oak | 7,299 | $59,346 | $241,600 | Compare |
| Mims | 7,282 | $57,232 | $235,600 | Compare |
| West Samoset | 7,273 | $55,938 | $213,900 | Compare |
| Williamsburg | 7,400 | $81,200 | $316,900 | Compare |
| Clewiston | 7,257 | $57,110 | $210,000 | Compare |
| Mascotte | 7,407 | $80,114 | $286,200 | Compare |
| Southeast Arcadia | 7,247 | $53,532 | $127,500 | Compare |
| South Apopka | 7,425 | $54,427 | $248,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Indian River Estates With Other Cities
Frequently Asked Questions about Indian River Estates
What is the population of Indian River Estates, FL?
The population of Indian River Estates, FL is 7,331 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Florida.
What is the median household income in Indian River Estates?
The median household income in Indian River Estates, FL is $54,563 per year, which is 27% below the national median of $75,149.
What is the median home value in Indian River Estates?
The median home value in Indian River Estates, FL is $238,000, which is 3% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Indian River Estates?
The median monthly rent in Indian River Estates, FL is $2,177, which is 87% above the national average of $1,163/month.
What is the unemployment rate in Indian River Estates?
The unemployment rate in Indian River Estates, FL is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Indian River Estates, FL a good place to live?
Indian River Estates offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 7,331 and a median age of 43, the city appeals to a broad range of residents.
How educated is Indian River Estates, FL?
15.4% of residents in Indian River Estates aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Indian River Estates?
Key cost-of-living indicators for Indian River Estates, FL: median home value is $238,000 (3% below national), median rent is $2,177/month, and median household income is $54,563. The home-value-to-income ratio is 4.4x, a moderate figure by national standards.
What is the poverty rate in Indian River Estates?
The poverty rate in Indian River Estates, FL is 21.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Indian River Estates, FL?
Indian River Estates's population is 3.4% White, 1.0% Hispanic or Latino, 2.6% Black or African American, 5.1% Asian, and 1.1% two or more races. 5.9% of residents are foreign-born.