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.
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.
Located in the state of Florida, Indian River Shores is a small city with a population of 4,378 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (95% White). Given that fact, Indian River Shores could be considered less diverse than other cities. The Indian River Shores population appears to be aging at a faster rate than normal. The median age is currently 74, which is on the high side when compared to most other cities. Indian River Shores is known to be family friendly as more than 90% of the population has already tied the knot. It might also be worth noting that 3% of residents also have children under the age of 18.
Living in Indian River Shores can be a fulfilling experience for anyone relocating to the town. Having said that, in the state of Florida, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in Indian River Shores and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, education and other important metrics.
With a livability score of 68 out of 100, Indian River Shores is ranked #8,403 in the United States and #489 in Florida. If we check out each of the categories on their own, we see that Indian River Shores ranks 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.
When contemplating a move, job prospects often top the list of priorities. In Indian River Shores, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 0.7% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Finding affordable real estate and housing in Indian River Shores 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.
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. Median real estate prices in Indian River Shores come in at $1,413,654, which is 371.9% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Indian River Shores, the home price to income ratio is 6.1, which is 45.2% higher than the Florida average.
| Statistic | Indian River Shores | Florida | National |
| Average one way commute | 22min | 27min | 26min |
| Workers who drive to work | 61.1% | 79.5% | 76.4% |
| Workers who carpool | 1.9% | 9.3% | 9.3% |
| Workers who take public transit | 6.3% | 2.1% | 5.1% |
| Workers who bicycle | 1.0% | 0.7% | 0.6% |
| Workers who walk | 0.0% | 1.5% | 2.8% |
| Working from home | 29.7% | 5.4% | 4.6% |
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