Indian River, MI
Population 2,210 · Michigan
About Indian River, MI
Indian River is a small community in Michigan with a population of 2,210 residents. The median household income is $60,750 per year, which is near the national average. The median age in Indian River is 59 years.
Housing in Indian River has a median home value of $218,000 and median monthly rent of $844. Of the 2,043 total housing units, the majority are owner-occupied, with 905 owner-occupied and 219 renter-occupied units.
The unemployment rate in Indian River is 3.8% and the poverty rate is 16.0%. 40.8% of residents hold a bachelor's degree or higher. The average commute time is 27.8 minutes.
Cost of Living in Indian River, MI
Compared to national averages, Indian River has a median household income of $60,750 (19% below the national median of $75,149). Home values average $218,000, which is 11% below the national median. Monthly rent at $844 is 27% below the US average of $1,163. Within Michigan, Indian River's income is 8% below the state average of $66,017, and home values are 19% above the state median of $183,391.
Why Live in Indian River, MI?
Indian River offers affordable housing with a median home value of $218,000, below the US average of $244,900, and rent that’s lower than the national average at $844/month, and a well-educated community where 40.8% of residents hold a bachelor’s degree or higher.
Potential considerations include median household income ($60,750) that falls below the national average. However, Indian River’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Indian River has a population of 2,210 with a median age of 59 years. Compare Indian River with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Indian River
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Perry | 2,198 | $73,468 | $144,400 | Compare |
| Constantine | 2,196 | $71,929 | $110,600 | Compare |
| Cass City | 2,189 | $55,500 | $102,300 | Compare |
| Detroit Beach | 2,231 | $73,478 | $163,400 | Compare |
| Bronson | 2,183 | $46,607 | $93,900 | Compare |
| West Branch | 2,177 | $40,078 | $114,300 | Compare |
| Lake Odessa | 2,174 | $71,157 | $150,300 | Compare |
| Leslie | 2,167 | $67,355 | $124,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Indian River
What is the population of Indian River, MI?
The population of Indian River, MI is 2,210 according to the latest Census data.
What is the median household income in Indian River?
The median household income in Indian River, MI is $60,750 per year.
What is the median home value in Indian River?
The median home value in Indian River, MI is $218,000.
What is the average rent in Indian River?
The median monthly rent in Indian River, MI is $844.
What is the unemployment rate in Indian River?
The unemployment rate in Indian River, MI is 3.8%.