Indian River County, Florida

Income Data

+9% vs. Florida average
$71,049
Median Household Income
$46,273
Per Capita Income

At a Glance

Median Household Income
$71,049
+9% vs. state avg
Per Capita Income
$46,273
+17% vs. national
Income-to-Housing Ratio
22.6%
income as % of home value
Rank in Florida
#22 / 67
by median household income

How Indian River County Compares

Indian River County$71,049
Florida Average$65,468
National Median$74,755

Detailed Income Statistics

$71,049
Median Household Income
$46,273
Per Capita Income
$314,700
Median Home Value
22.6%
Income-to-Housing Ratio

Data Story

About Household Income in Indian River County, Florida

Indian River matches national earnings

Indian River County's median household income of $71,049 sits just $3,706 below the national median of $74,755, placing it squarely in the national middle-to-upper range. The county performs well relative to most American peers.

Indian River outearns Florida average

At $71,049, Indian River County's median household income exceeds Florida's state average of $65,468 by $5,581, ranking it in Florida's upper-income tier. The county punches above the state median despite its smaller size.

Indian River leads regional peers

Indian River County's $71,049 significantly exceeds nearby rural counties like Hendry ($53,044), Highlands ($55,581), and Hernando ($63,193). Only Hillsborough County ($75,011) outpaces Indian River in the region.

Housing requires substantial income

Indian River's rent-to-income ratio of 21.7% is manageable, but the median home value of $314,700 demands household incomes well above the county median. Buyers should plan carefully for mortgage qualification.

Position yourself for long-term gains

Indian River households earning $71,000 have capacity for meaningful retirement contributions and diversified investments. At this income level, strategic tax planning and real estate investment can accelerate wealth accumulation toward six-figure net worth.

Frequently Asked Questions

What is the median household income in Indian River County, Florida?
The median household income in Indian River County, Florida is $71,049, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Indian River County?
The per capita income in Indian River County is $46,273, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $71,049.
How does Indian River County compare to the Florida average?
Indian River County's median household income of $71,049 is higher than the Florida state average of $65,468. The per capita income is $46,273, compared to the state average of $35,698.
What is the per capita income in Indian River County, Florida?
The per capita income in Indian River County, Florida is $46,273, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Indian River County income higher than the Florida average?
Indian River County's median household income of $71,049 is higher than the Florida average of $65,468. This difference of $5,581 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Indian River County rank for income in Florida?
Indian River County ranks #22 out of 67 counties in Florida by median household income (1 = highest). With a median household income of $71,049 and per capita income of $46,273, it falls in the top third of counties statewide.

Income Comparison Calculator

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County median: $71,049 per year

vs. County Median

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vs. State Average

+9%

vs. National Median

-5%

vs. Indian River County MedianAbout equal
vs. Florida Average9% above
vs. National Median5% below

Income Adequacy

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Your monthly income ($5,921) vs. median rent ($1,284/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.