Indian River Shores, FL
Population 4,324 · Florida
About Indian River Shores, FL
Indian River Shores is a small town located in Florida with a population of 4,324 residents according to the latest US Census Bureau American Community Survey data. The median household income is $149,722 per year, which is 99% above the national median of $75,149. The median age of 74.5 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 Shores features a median home value of $1,085,600, which is 343% above the national median of $244,900. This places Indian River Shores in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,195, 89% above the national average of $1,163/month. Of the 3,613 total housing units, 97% are owner-occupied (2,342 units) and 3% are renter-occupied (62 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Indian River Shores shows an unemployment rate of 0.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Indian River Shores have an average one-way commute time of 23.5 minutes.
Education & Demographics
78.6% of Indian River Shores residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.3% White, 0.0% Hispanic or Latino, 0.6% Black or African American, and 1.3% Asian residents, with 11.1% of the population being foreign-born.
How Indian River Shores Ranks in Florida
Cost of Living in Indian River Shores, FL
Compared to national averages, Indian River Shores has a median household income of $149,722 (99% above the national median of $75,149). Home values average $1,085,600, which is 343% above the national median. Monthly rent at $2,195 is 89% above the US average of $1,163. Within Florida, Indian River Shores's income is 97% above the state average of $75,893, and home values are 207% above the state median of $353,675.
Why Live in Indian River Shores, FL?
Indian River Shores offers a strong local economy with a median household income of $149,722, well above the national average, and a strong job market with an unemployment rate of just 0.8%, and a well-educated community where 78.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.4%, better than the national average, and short commute times averaging just 23.5 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,085,600. However, Indian River Shores’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Indian River Shores has a population of 4,324 with a median age of 74.5 years. Compare Indian River Shores with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Indian River Shores
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lower Grand Lagoon | 4,305 | $77,639 | $347,300 | Compare |
| Belleair | 4,350 | $117,500 | $642,600 | Compare |
| Hutchinson Island South | 4,350 | $61,422 | $362,100 | Compare |
| Parker | 4,358 | $68,043 | $193,500 | Compare |
| Bagdad | 4,285 | $78,603 | $220,000 | Compare |
| Laguna Beach | 4,367 | $75,194 | $391,100 | Compare |
| Highland Beach | 4,264 | $142,363 | $825,200 | Compare |
| Suncoast Estates | 4,255 | $39,456 | $98,400 | 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 Shores With Other Cities
Frequently Asked Questions about Indian River Shores
What is the population of Indian River Shores, FL?
The population of Indian River Shores, FL is 4,324 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 Shores?
The median household income in Indian River Shores, FL is $149,722 per year, which is 99% above the national median of $75,149.
What is the median home value in Indian River Shores?
The median home value in Indian River Shores, FL is $1,085,600, which is 343% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Indian River Shores?
The median monthly rent in Indian River Shores, FL is $2,195, which is 89% above the national average of $1,163/month.
What is the unemployment rate in Indian River Shores?
The unemployment rate in Indian River Shores, FL is 0.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Indian River Shores, FL a good place to live?
Indian River Shores offers above-average incomes, a competitive housing market, and a strong job market. With a population of 4,324 and a median age of 74.5, the city appeals to established professionals and retirees.
How educated is Indian River Shores, FL?
78.6% of residents in Indian River Shores aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Indian River Shores?
Key cost-of-living indicators for Indian River Shores, FL: median home value is $1,085,600 (343% above national), median rent is $2,195/month, and median household income is $149,722. The home-value-to-income ratio is 7.3x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Indian River Shores?
The poverty rate in Indian River Shores, FL is 6.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Indian River Shores, FL?
Indian River Shores's population is 0.3% White, 0.0% Hispanic or Latino, 0.6% Black or African American, 1.3% Asian, and 0.5% two or more races. 11.1% of residents are foreign-born.