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
Compare with nearby places
Places of similar size in Michigan.
- Trowbridge Park CDP 2,271
- Jonesville city 2,257
- Detroit Beach CDP 2,231
- Perry city 2,198
- Constantine village 2,196
- Cass City village 2,189
- Bronson city 2,183
Keep going
More Michigan coverage.