The median household income in Indian River, MI in 2022 was $55,880, which was 19.9% less than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $34,854 in 2000 this represents an increase of 37.6%. The per capita income in 2022 was $42,523, which means an increase of 52.5% compared to 2000 when it was $20,191.
Whole page based on the data from 2000 / 2022 when the population of Indian River, Michigan was 2,008 / 2,071
Income statistics for all residents
Median household income in Indian River, MI in 2022:
Indian River:
$55,881
State:
$66,986
Change in median household income between 2000 and 2022:
Indian River, Michigan:
+60.3%
State:
+50.0%
Number of households with income < $10k:
Indian River:
8.8% (91)
State:
5.7% (231,223)
Number of households with income $10k - 20k:
Indian River:
9.1% (94)
State:
7.5% (306,955)
Number of households with income $20k - 30k:
Indian River:
16.9% (174)
State:
7.9% (324,153)
Number of households with income $30k - 40k:
Indian River:
5.4% (56)
State:
8.3% (341,408)
Number of households with income $40k - 50k:
Indian River:
7.5% (77)
Michigan:
7.9% (322,255)
Number of households with income $50k - 60k:
Indian River:
4.4% (45)
State:
7.5% (305,914)
Number of households with income $60k - 75k:
Indian River:
4.8% (50)
State:
10.1% (414,440)
Number of households with income $75k - 100k:
Indian River:
19.0% (196)
Michigan:
13.2% (538,299)
Number of households with income $100k - 125k:
Indian River:
5.1% (53)
State:
9.7% (396,282)
Number of households with income $125k - 150k:
Indian River:
3.6% (37)
State:
6.7% (273,144)
Number of households with income $150k - 200k:
Indian River:
5.4% (56)
State:
7.5% (305,077)
Number of households with income > $200k:
Indian River:
9.9% (102)
State:
8.1% (330,644)
Aggregate household income in Indian River in 2022: $86,237,142
Median family income in Indian River in 2022:
Indian River:
$84,048
State:
$85,865
Number of families with income $10k - 20k:
Indian River:
13.3% (68)
State:
3.9% (100,567)
Number of families with income $20k - 30k:
Indian River:
11.9% (60)
Michigan:
5.0% (127,320)
Number of families with income $30k - 40k:
Indian River:
2.4% (12)
Michigan:
6.4% (163,565)
Number of families with income $40k - 50k:
Indian River:
8.2% (42)
State:
6.8% (172,384)
Number of families with income $50k - 60k:
Indian River:
6.0% (30)
State:
7.1% (179,870)
Number of families with income $75k - 100k:
Indian River:
20.5% (105)
Michigan:
15.0% (383,364)
Number of families with income $100k - 125k:
Indian River:
7.7% (39)
Michigan:
11.8% (301,751)
Number of families with income $125k - 150k:
Indian River:
5.3% (27)
State:
8.6% (220,338)
Number of families with income $150k - 200k:
Indian River:
8.6% (44)
State:
10.2% (259,462)
Number of families with income > $200k:
Indian River:
16.2% (82)
State:
11.3% (287,206)
Median income for 2 person families:
Indian River:
$56,104
State:
$74,532
Median non-family income in Indian River in 2022:
Indian River:
$36,702
Michigan:
$40,459
Change in median non-family income between 2000 and 2022:
Indian River, Michigan:
+111.3%
State:
+54.5%
Median per capita income in Indian River in 2022:
Indian River:
$42,523
State:
$38,151
Change in median per capita income between 2000 and 2022:
Indian River, Michigan:
+110.6%
State:
+72.1%
Income statistics for White residents
Median household income in Indian River, MI in 2022:
Indian River:
$55,723
Michigan:
$71,609
Change in median household income between 2000 and 2022:
Indian River, Michigan:
+60.7%
State:
+52.9%
Number of households with income < $10k:
Indian River:
6.9% (67)
State:
4.4% (140,440)
Number of households with income $10k - 20k:
Indian River:
9.5% (92)
Michigan:
6.5% (205,547)
Number of households with income $20k - 30k:
Indian River:
18.1% (175)
Michigan:
7.6% (242,254)
Number of households with income $30k - 40k:
Indian River:
5.9% (57)
State:
8.1% (257,175)
Number of households with income $40k - 50k:
Indian River:
7.9% (76)
Michigan:
7.8% (246,839)
Number of households with income $50k - 60k:
Indian River:
4.5% (43)
State:
7.4% (233,723)
Number of households with income $60k - 75k:
Indian River:
5.1% (49)
Michigan:
10.4% (328,664)
Number of households with income $75k - 100k:
Indian River:
17.0% (164)
Michigan:
13.6% (431,867)
Number of households with income $100k - 125k:
Indian River:
5.4% (52)
State:
10.3% (325,164)
Number of households with income $125k - 150k:
Indian River:
3.8% (37)
Michigan:
7.1% (226,232)
Number of households with income $150k - 200k:
Indian River:
5.6% (54)
State:
8.1% (255,445)
Number of households with income > $200k:
Indian River:
10.4% (100)
Michigan:
8.7% (276,727)
Aggregate household income in Indian River in 2022: $82,372,345
Median family income in Indian River in 2022:
Indian River:
$84,981
State:
$90,317
Number of families with income $10k - 20k:
Indian River:
14.2% (68)
Michigan:
3.2% (64,106)
Number of families with income $20k - 30k:
Indian River:
13.2% (63)
State:
4.6% (91,551)
Number of families with income $30k - 40k:
Indian River:
2.4% (12)
Michigan:
5.9% (117,356)
Number of families with income $40k - 50k:
Indian River:
8.5% (40)
State:
6.4% (127,491)
Number of families with income $50k - 60k:
Indian River:
6.2% (29)
State:
6.8% (135,883)
Number of families with income $75k - 100k:
Indian River:
15.7% (75)
State:
15.5% (309,815)
Number of families with income $100k - 125k:
Indian River:
8.1% (39)
State:
12.4% (248,235)
Number of families with income $125k - 150k:
Indian River:
5.5% (26)
State:
9.2% (182,895)
Number of families with income $150k - 200k:
Indian River:
9.1% (43)
Michigan:
11.0% (218,573)
Number of families with income > $200k:
Indian River:
17.0% (81)
State:
12.0% (239,713)
Median non-family income in Indian River in 2022:
Indian River:
$40,403
State:
$42,438
Change in median non-family income between 2000 and 2022:
Indian River, Michigan:
+132.7%
Michigan:
+56.8%
Median per capita income in Indian River in 2022:
Indian River:
$45,355
State:
$41,514
Change in median per capita income between 2000 and 2022:
Indian River, Michigan:
+124.5%
State:
+75.2%
Income statistics for American Indian and Alaska Native residents
Median per capita income in Indian River in 2022:
Indian River:
$42,440
State:
$27,661
Income statistics for Multirace residents
Number of households with income < $10k:
Indian River:
43.7% (31)
State:
6.1% (12,463)
Number of households with income $10k - 20k:
Indian River:
0.0% (0)
State:
8.7% (17,830)
Number of households with income $20k - 30k:
Indian River:
0.0% (0)
State:
7.6% (15,686)
Number of households with income $30k - 40k:
Indian River:
0.0% (0)
Michigan:
9.5% (19,444)
Number of households with income $40k - 50k:
Indian River:
0.0% (0)
State:
7.5% (15,476)
Number of households with income $50k - 60k:
Indian River:
0.0% (0)
State:
8.1% (16,622)
Number of households with income $60k - 75k:
Indian River:
0.0% (0)
State:
10.6% (21,725)
Number of households with income $75k - 100k:
Indian River:
56.3% (40)
Michigan:
14.4% (29,501)
Number of households with income $100k - 125k:
Indian River:
0.0% (0)
State:
8.9% (18,231)
Number of households with income $125k - 150k:
Indian River:
0.0% (0)
State:
5.8% (11,923)
Number of households with income $150k - 200k:
Indian River:
0.0% (0)
Michigan:
6.8% (13,956)
Number of households with income > $200k:
Indian River:
0.0% (0)
State:
6.2% (12,672)
Aggregate household income in Indian River in 2022: $3,266,289
Median per capita income in Indian River in 2022:
Indian River:
$11,944
State:
$26,098
Change in median per capita income between 2000 and 2022:: -82.4%
Indian River, Michigan:
-82.4%
Michigan:
+106.5%
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-82.4%
+106.5%