Indian River Estates 66 Good
Indian River Estates Livability #627 ranked city in Florida#11,326 ranked city in the USARanks better than 61% of areas

Pros and Cons of Living in Indian River Estates

PROS
  • Cost Of Living

    Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

  • Ratings

    Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.

CONS
  • Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

  • Health & Safety

    Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.

  • Schools

    Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.

New Real Estate Listings in Indian River Estates Area
Search Homes for Sale in Indian River Estates, FL

What's it like Living in Indian River Estates?

Indian River Estates, Florida is a smaller city with a population of 6,542 people. At 90%, the majority of the Indian River Estates population is White; this is followed by 2% Asian and 0% Black. Indian River Estates is considered to be a city with an aging population. The average age of all residents is 50, which is well beyond the United States median age average. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Indian River Estates your home, your one-way commute time will typically last around 25 minutes, a duration that aligns with the national average commute time of 26 minutes.

Are you trying to figure out if living in Indian River Estates is the right fit for your lifestyle? To ensure a positive experience before relocating to any new city in Florida, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like health & safety, education, housing, you can easily compare the best places to live in Indian River Estates and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Indian River Estates to Florida and the national average.

The livability score in Indian River Estates is 64 out of 100 and the city is ranked in the 60th percentile of all cities across America. If we explore each of the categories on their own, we see that Indian River Estates ranks well for cost of living (A+) and housing (A+). Unfortunately for Indian River Estates, there are some categories for which it does not score well, this includes: amenities (F), education (F) and employment (D).

Unemployment rates can range pretty dramatically from one city to another. Knowing that Indian River Estates has an unemployment rate of 2.02% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

Finding affordable real estate and housing in Indian River Estates can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Indian River Estates is actually affordable. Median real estate prices in Indian River Estates come in at $159,800, which is 4.2% lower than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Indian River Estates, the home price to income ratio is 3.5, which is 2.9% higher than the Florida average.

Best Places to Live in and Around Indian River Estates

See all the best places to live around Indian River Estates

How Do You Rate The Livability In Indian River Estates?

1. Select a livability score between 1-100
0
Awful
25
Poor
50
Average
75
Good
100
Great
2. Select any tags that apply to this area
View results

Compare Indian River Estates, FL Livability

      vs

      Indian River Estates transportation information

      Statistic Indian River Estates Florida National
      Average one way commute25min27min26min
      Workers who drive to work84.1%79.5%76.4%
      Workers who carpool10.3%9.3%9.3%
      Workers who take public transit0.3%2.1%5.1%
      Workers who bicycle0.0%0.7%0.6%
      Workers who walk0.0%1.5%2.8%
      Working from home3.1%5.4%4.6%
      Source: The Indian River Estates, FL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).