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ZipNumbers

Michigan · Census place 40480

Indian River CDP, MI

Quick answer

Indian River CDP has 2,210 residents, ranking #288 of 745 places in Michigan. Median household income is $60,750, the median home is worth $218,000 and median gross rent runs $844 a month.

Population
2,210Indian River CDP residents
Median household income
$60,750Past 12 months, inflation adjusted
Median home value
$218,000Owner-occupied units
Median gross rent
$844Rent plus utilities, monthly
Median age
59 yrsAll residents
Homeownership rate
80.5%Owner-occupied households

What the numbers mean in Indian River CDP

Housing cost measured against local earnings.

A household earning the Indian River CDP median would spend about 16.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16% of residents and 80.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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