Indian River Shores is a very small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 4,458 people and just one neighborhood, Indian River Shores is the 300th largest community in Florida.
Indian River Shores home prices are not only among the most expensive in Florida, but Indian River Shores real estate also consistently ranks among the most expensive in America.
Indian River Shores is a decidedly white-collar town, with fully 94.69% of the workforce employed in white-collar jobs, well above the national average. Overall, Indian River Shores is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Indian River Shores who work in management occupations (25.17%), office and administrative support (11.97%), and sales jobs (10.61%).
Also of interest is that Indian River Shores has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Indian River Shores telecommute to their jobs. Overall, about 26.12% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Indian River Shores is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the town’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
Indian River Shores is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
Compared to the rest of the country, citizens of Indian River Shores spend much less time in their cars: on average, their commute to work is only 17.64 minutes. This also means that noise and pollution levels in the town are less than they would otherwise be.
Do you like to read, write and learn? If you move to Indian River Shores, you'll likely find that many of your neighbors like to as well. Indian River Shores is one of the more educated communities in America, with a full 78.56% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Indian River Shores in 2022 was $147,524, which is wealthy relative to Florida and the nation. This equates to an annual income of $590,096 for a family of four. However, Indian River Shores contains both very wealthy and poor people as well.
The people who call Indian River Shores home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Indian River Shores residents report their race to be White, followed by Asian. Important ancestries of people in Indian River Shores include English, Irish, German, Scottish, and Italian.
The most common language spoken in Indian River Shores is English. Other important languages spoken here include Spanish and Tagalog.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, owner-occupied real estate dominates the neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.3% of neighborhoods in America. Despite all of the residential real estate here in the neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 39.1%, which is higher than 97.5% of all U.S. neighborhoods.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 83.4% of the residential real estate here was built in this one time period.
Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the neighborhood is wealthier than 99.4% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, also has one of the lowest ratings of child poverty in the nation.
In addition, the rate of college educated adults in the neighborhood is a unique characteristic of the neighborhood. 89.4% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.0% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.6% of all U.S. neighborhoods.
Also, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the neighborhood may actually hold the key. 77.8% of its residents are married, which is a higher percentage than is found in 99.6% of the neighborhoods in America.
Finally, if you are planning to retire in Florida, this neighborhood should be on your must-see list. For many reasons, may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Florida, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.2% of neighborhoods in FL. If a Florida retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.
There are more people living in the neighborhood employed as sales and service workers (57.7%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
In the neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 35.6% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.8% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.7% of residents in the neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.0% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Finally, in the neighborhood, 9.8% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 95.4% of the neighborhoods in America.
Did you know that the neighborhood has more Scottish and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.7% of this neighborhood's residents have Scottish ancestry and 2.8% have Canadian ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the neighborhood in Indian River Shores are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 99.4% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the neighborhood, 54.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 42.3% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (6.7%), and 3.7% in manufacturing and laborer occupations.
The most common language spoken in the neighborhood is English, spoken by 98.4% of households.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the neighborhood in Indian River Shores, FL, residents most commonly identify their ethnicity or ancestry as English (27.2%). There are also a number of people of Irish ancestry (21.8%), and residents who report Scottish roots (14.7%), and some of the residents are also of German ancestry (13.9%), along with some Italian ancestry residents (8.3%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (55.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (47.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (9.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.