North River Shores, FL Profile: Facts & Data

The North River Shores CDP⁽¹⁾ had a population of 3,435 as of July 1, 2022. North River Shores ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for North River Shores is located at latitude 27.2175 and longitude -80.2698 in Martin County. The formal boundaries for the North River Shores Census Designated Place encompass a land area of 1.29 sq. miles and a water area of 0.68 sq. miles. Martin County is in the Eastern time zone (GMT -5). The elevation is 7 feet.

The North River Shores 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 North River Shores Census Designated Place is located within Stuart CCD of Martin County.

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.

North River Shores, FL Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	3,435 (100%)
Population in Households	3,418 (99.5%)
Population in Families	2,382 (69.3%)
Population in Group Quarters¹	17 ( 0.5%)
Population Density	2,713
Diversity Index²	34


INCOME
Median Household Income	$75,307
Average Household Income	$107,128
% of Income for Mortgage⁴	27%
Per Capita Income	$52,210
Wealth Index⁵	106

HOUSING
Total HU (Housing Units)	2,018 (100%)
Owner Occupied HU	1,160 (57.5%)
Renter Occupied HU	511 (25.3%)
Vacant Housing Units	347 (17.2%)
Median Home Value	$381,928
Average Home Value	$481,885
Housing Affordability Index³	88

HOUSEHOLDS
Total Households	1,671
Average Household Size	2.05
Family Households	886
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.

North River Shores, FL - Peer Comparisons by Rank and Percentile

The table below compares North River Shores to the other 954 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2022 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.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	-0.31%	-0.29%
Households	-0.37%	-0.29%
Families		-0.36%
Median Household Income		1.99%
Per Capita Income		3.53%
Owner Occupied HU		-0.09%

Variable Description	Rank	Percentile
Total Population	# 564	41st
Population Density	# 296	69th
Median Household Income	# 308	68th
Housing Affordability Index	# 171	18th
Per Capita Income	# 183	81st
Diversity Index	# 755	21st

North River Shores, FL Profile: Facts & Data

North River Shores, Florida - Basic Facts

North River Shores, FL Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

North River Shores, FL - Peer Comparisons by Rank and Percentile

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