Indian River County, FL

Comprehensive housing, income, and cost of living data for Indian River County, Florida. Population: 161.0K.

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Median Home Price

$333.8K

Based on 8 cities

Median Household Income

$71.0K

Annual household income

Price-to-Income Ratio

4.7x

Moderately affordable

Salary Needed to Buy

$86.5K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax

$2,288

Average annual amount

Effective Tax Rate

0.69%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,688

Property Tax$191

Insurance$139

Total Monthly$2,018

Historical Home Prices

2015

$180.9K

2016

$199.2K

+10.1%%

2017

$218.7K

+9.8%%

2018

$233.9K

+6.9%%

2019

$242.1K

+3.5%%

2020

$260.1K

+7.4%%

2021

$323.4K

+24.4%%

2022

$383.4K

+18.6%%

2023

$385.8K

+0.6%%

2024

$378.6K

-1.9%%

2025

$357.8K

-5.5%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

3.5%%

Below national average

Population Density

320

People per square mile

Homicide Rate

4.6

Low (per 100K residents)

Political Lean (2020)

Competitive

R+0

Racial Demographics

White

73.1%

Black

Hispanic

13.4%

Asian

1.4%

Two or More Races

3.3%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature

73°F

Annual average

Sunny Days

214

Days per year

Annual Rainfall

52.4"

Inches per year

Natural Disaster Risk

High Risk

Score: 96/100

January Low

19°F

Average winter low

July High

84°F

Average summer high

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