MI area data
Indian River, MI
Indian River, MI.
Population: 4,411 (Census ACS)
Home values & appreciation
- Median home value
- $325,849
- 1-year appreciation
- +3.6%
- 3-year appreciation
- +7.3%
- 5-year appreciation
- +25.8%
- 10-year appreciation
- +92.8%
- All-time peak (2026-07)
- $325,849
- House Price Index
- 387.5 (+5.5% YoY)
Market activity
- New listings (monthly)
- 16
Affordability
- Cost of living index (Below Average)
- 92.0 (100 = US avg)
- Electricity rate (state-level)
- 20.0¢/kWh
- Natural gas rate (state-level)
- $10.90/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 3
- Elementary schools
- 1
- Middle schools
- 0
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- coldWave, inlandFlooding
Climate (30-year normals)
- Average annual temperature
- 47.0°F
- Average high
- 57.0°F
- Average low
- 37.0°F
- Annual precipitation
- 38.3 in
- Annual snowfall
- 107.7 in
Amenities
- Nearest airport
- Campbell-Pratt Airport (3 mi)
- Nearest major airport
- Pellston Regional Airport of Emmet County Airport (PLN) (14 mi)
- Hospitals nearby (~15 mi)
- 1,090
- Avg hospital rating
- 3.1 / 5
- Solar radiation rating
- Fair (3.6 kWh/m²/day)
Migration
- Net migration
- +197 tax filers
Housing stock
- Median year housing built
- 1,983
- Median annual property tax
- $1,913
- Mean commute to work
- 26 min
- Households with broadband internet
- 51.6%
Employment & development
- Total county employment
- 5,047
- Average weekly wage
- $848
- Top industries (by employment)
- Accommodation & Food, Health Care, Construction
- Annual residential building permits (county)
- 78
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →