Indian River Estates, FL Real Estate
According to census data in the year 2000 there were 2,506 housing units in Indian River Estates.
This represents a 26.9% growth from 1,975 in 1990.
Of those housing units, 2,480 were located in either urbanized areas or urban clusters, and 26 were located in what is classified as a rural area.
Homeownership rate in Indian River Estates is about 91.9%.
Indian River Estates's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Indian River Estates were built after 1985.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.90% |
| Two Bedrooms | 38.10% |
| Three Bedrooms | 53.60% |
| Four Bedrooms | 5.60% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1985 |
| Median Value of occupied units | $84,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.97 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 13.70% |
| Home Equity Loan | 4.30% |
| Simple Mortgage | 51.80% |
| Debt Free | 30.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.5% |
