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.
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.
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.
| Statistic | Indian River Estates | Florida | National |
| Average one way commute | 25min | 27min | 26min |
| Workers who drive to work | 84.1% | 79.5% | 76.4% |
| Workers who carpool | 10.3% | 9.3% | 9.3% |
| Workers who take public transit | 0.3% | 2.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.0% | 1.5% | 2.8% |
| Working from home | 3.1% | 5.4% | 4.6% |
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