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Indian River Shores

Learn about the people, housing, costs and businesses in Indian River Shores, Florida

Median Home$1,536,568
Median Rent$1,993/month
Population4,136
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare8% education
Home Value Growth⬆⬆⬆+21.4% over 2 years
Retirees71% of residentstop 1% nationally
Homeowners97% of occupied units
NotableHighly Educated46% bachelor's · 22% graduate · top 1% nationally
NotableHigh Incomes$192k/year · top 1% nationally
Indian River Shores
FL

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Indian River Shores?

As of today, the 30-year fixed mortgage rate for Indian River Shores is approximately 6.773% (6.805% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Indian River Shores?

The median home value in Indian River Shores is $1.5M. The median monthly rent is $1,993. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Indian River Shores?

Home values in Indian River Shores have increased 21.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Indian River Shores?

Based on a typical all-in ownership cost of $2,504/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $107k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Indian River Shores is $192k/year.

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What industries drive the economy in Indian River Shores?

The largest employment sectors in Indian River Shores are healthcare (22%) and arts, food, and hospitality (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.