Indian River Estates, FL Profile: Facts & Data

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Indian River Estates, Florida - Basic Facts

The Indian River Estates CDP(1) had a population of 6,585 as of July 1, 2023.

The primary coordinate point for Indian River Estates is located at latitude 27.3645 and longitude -80.3098 in St. Lucie County. The formal boundaries for the Indian River Estates Census Designated Place encompass a land area of 5.62 sq. miles and a water area of 0.41 sq. miles. St. Lucie County is in the Eastern time zone (GMT -5).

The Indian River Estates Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Indian River Estates Census Designated Place is located within Fort Pierce CCD of St. Lucie County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Indian River Estates 2023 Demographic Data
  2. Growth Rates for Indian River Estates (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2023 Demographics
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Indian River Estates, FL Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 6,585 (100%)
Population in Households 6,585 (100.0%)
Population in Families 5,214 (79.2%)
Population in Group Quarters1 0
Population Density 1,182
Diversity Index2 42
 
 

INCOME

Median Household Income $53,664
Average Household Income $67,840
% of Income for Mortgage4 28%
Per Capita Income $28,887
Wealth Index5 54
Socioeconomic Status Index6 Moderate (50.9)
 

HOUSING

Total HU (Housing Units) 3,009 (100%)
Owner Occupied HU 2,600 (86.4%)
Renter Occupied HU 204 ( 6.8%)
Vacant Housing Units 205 ( 6.8%)
Median Home Value $251,104
Average Home Value $267,250
Housing Affordability Index3 87
 

HOUSEHOLDS

Total Households 2,804
Average Household Size 2.35
Family Households 1,866
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.00% -0.62%
Households -0.31% -0.89%
Families   -1.14%
Median Household Income   2.79%
Per Capita Income   2.07%
Owner Occupied HU   -0.81%

Indian River Estates, FL - Peer Comparisons by Rank and Percentile

The table below compares Indian River Estates to the other 955 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 424 56th
Population Density # 574 40th
Median Household Income # 635 34th
Housing Affordability Index # 464 49th
Per Capita Income # 647 32nd
Diversity Index # 665 30th

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

Indian River Estates, FL - Most Popular Things to Do

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