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Indian River, MI

Full City Profile · Michigan · Cheboygan County County

3.4 /5.0
B Good
2,210 Population 171/sq mi density
$60,750 Median Income $47,330 per capita
$218,000 Home Value $296,817 Zillow
$844 Median Rent 49.7% income on rent
44°F Avg Temperature 270 sunny days/yr
251 Violent Crime/100K 2,871 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$60,750 median income, 2.1% unemployment
A+
Affordability
4.7 / 5.0
$218,000 home value, $844/mo rent
F
Safety
1.0 / 5.0
251 violent crimes/100K
A
Education
4.3 / 5.0
40.8% bachelor's degree or higher

Income Overview

Median Household Income
$60,750
19% below
US avg: $75,149
Per Capita Income
$47,330
21% above
US avg: $39,052
Unemployment Rate
2.1%
42% below
US avg: 3.6%
Poverty Rate
17.2%
39% above
US avg: 12.4%

Income Comparison: Indian River vs. U.S. Average

Each bar shows Indian River’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$60,750
81%
Per Capita
US: $39,052
$47,330
121%
IRS Avg AGI
US: $72,000
$62,647
87%
Avg Weekly Wage
US: $1,432
$921
64%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$921
36% below US avg ($1,432)
Mean Commute Time
28 min
1% above US avg (28 min)
Work From Home
9.0%
41% below US avg (15.2%)
Drive Alone
75.3%
3% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$912M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 75.3%
Public Transit 0%
Work From Home 9%
Other 15.7%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
825
Restaurants
130
Healthcare
62
Retail
128
Manufacturing
31

Tax & Financial

IRS Avg Adjusted Gross Income
$62,647
13% below US avg ($72,000)
Avg Property Tax
$5,886
68% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$60,750
Per Capita Income$47,330
IRS Avg Adjusted Gross Income$62,647
Avg Weekly Wage$921
County GDP$912M

Hardship Indicators

Unemployment Rate2.1%
Poverty Rate17.2%
Gini Coefficient0.429
Cost of Living Index96.2

Commute

Mean Commute28 minutes
Drive Alone75.3%
Public Transit0.0%
Work From Home9.0%

Businesses

Total Establishments825
Restaurants130
Healthcare62
Retail128
Manufacturing31

Tax

IRS Avg AGI$62,647
Avg Property Tax$5,886