Indian River Shores 68 Good
Indian River Shores Livability #489 ranked city in Florida#8,403 ranked city in the USARanks better than 71% of areas

Pros and Cons of Living in Indian River Shores

PROS
  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • 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.

  • Cost Of Living

    Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.

  • 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.

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What's it like Living in Indian River Shores?

Indian River Shores is a smaller city located in the state of Florida. The city has a population of 4,255 inhabitants. If we look at the most recent Census, Indian River Shores is known to have a predominantly White population. The next two most common races are Asian and Black. Based on an average age of 74, Indian River Shores appears to be well-suited for seniors or retirees as the average age is well above the national average. Indian River Shores has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 90% of the population is classified as married and 3% have kids.

Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Indian River Shores could be a positive experience compared to other cities in Florida if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like crime, cost of living, education, housing and other key data points, finding the best places to live in Indian River Shores and in the areas around Indian River Shores is a much easier task.

The livability score in Indian River Shores is 68 out of 100 and the city is ranked in the 72nd percentile of all cities across America. For each of the livability categories, we see that Indian River Shores ranks very well for crime (A+) and housing (B-). On a less positive note, Indian River Shores does not have favorable ranks for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.

Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Indian River Shores gets top scores for their low violent crime rates of 23 crimes per 100,000 residents, which are significantly lower than the national average.

The Indian River Shores unemployment rate of 0.62% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.

Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Indian River Shores market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.

Assuming that Indian River Shores meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Indian River Shores. Everything else becomes a lot less important if it turns out that home prices in Indian River Shores are simply unattainable. The median home price for Indian River Shores homes is $780,900, which is 368.2% higher than the Florida average. If we take a closer look at the affordability of homes in Indian River Shores, we’ll see that the home price to income ratio is 5, which is 47.1% higher than the Florida average.

Best Places to Live in and Around Indian River Shores

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Compare Indian River Shores, FL Livability

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      Indian River Shores transportation information

      Statistic Indian River Shores Florida National
      Average one way commute22min27min26min
      Workers who drive to work61.1%79.5%76.4%
      Workers who carpool1.9%9.3%9.3%
      Workers who take public transit6.3%2.1%5.1%
      Workers who bicycle1.0%0.7%0.6%
      Workers who walk0.0%1.5%2.8%
      Working from home29.7%5.4%4.6%
      Source: The Indian River Shores, FL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).