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 real estate is some of the most expensive in Michigan, although Indian River house values don't compare to the most expensive real estate in the U.S.
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.
A relatively large number of people in Indian River telecommute to their jobs. Overall, about 8.97% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Indian River is worth considering.
Being a small town, Indian River does not have a public transit system used by locals to get to and from work.
The education level of Indian River ranks among the highest in the nation. Of the 25-and-older adult population in Indian River, 40.77% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Indian River in 2022 was $47,330, which is wealthy relative to Michigan and the nation. This equates to an annual income of $189,320 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, Polish, and Italian.
The most common language spoken in Indian River is English. Other important languages spoken here include Polish and Italian.