Indian River, MI
Full City Profile · Michigan · Cheboygan County County
Indian River, MI
At a Glance
How Indian River Compares to the U.S. Average
Each bar shows Indian River's value as a percentage of the national average (100% = U.S. avg)
Is Indian River a Good Place to Live?
Economy & Jobs
Indian River residents earn a median household income of $60,750 , which is 19% below the national average of $75,149. Per capita income is $47,330. The unemployment rate stands at 2.1% (42% below the U.S. rate of 3.6%). 17.2% of residents live below the poverty line. The area is home to 825 business establishments, including 130 restaurants.
Housing & Cost of Living
The median home value in Indian River is $218,000 , 23% below the national median of $281,900. Zillow estimates the typical home at $296,817. Median rent is $844/month, with 49.7% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1983.
Safety & Crime
Indian River reports 251 violent crimes per 100,000 residents , which is 34% below the national average of 380/100K. Property crime is 2,871/100K.
Education
40.8% of adults in Indian River hold a bachelor's degree or higher (21% above the national average). 84.8% have completed high school. Local schools score 5.1/10 in standardized testing.
Climate & Weather
Indian River has an average annual temperature of 44°F (6°C). Winters average 19°F in January while summers reach 67°F in July. The area gets 270 sunny days per year. Annual precipitation totals 36.6 inches. Air quality is rated Good with a median AQI of 38.
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