Indian River is a very small town located in the state of Michigan. With a population of 1,950 people and two associated neighborhoods, Indian River is the 357th largest community in Michigan.
Indian River home prices are not only among the most expensive in Michigan, but Indian River real estate also consistently ranks among the most expensive in America.
Of important note, Indian River is also a town of artists. Indian River has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Indian River’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.51% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Indian River is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Indian River’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Indian River has relatively fewer families with younger children, and/or college students. Combined, this makes Indian River a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.
As is often the case in a small town, Indian River doesn't have a public transportation system that people use for their commute.
The education level of Indian River citizens is very high relative to the national average among all cities (21.84%): 35.72% of adults in Indian River have a bachelor's degree or even advanced degree.
The per capita income in Indian River in 2022 was $42,276, which is wealthy relative to Michigan, and upper middle income relative to the rest of the US. This equates to an annual income of $169,104 for a family of four. However, Indian River contains both very wealthy and poor people as well.
The people who call Indian River home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Indian River residents report their race to be White, followed by Native American. Important ancestries of people in Indian River include German, Irish, English, Italian, and Polish.
The most common language spoken in Indian River is English. Other important languages spoken here include Polish and Italian.