HomeMichiganCheboygan CountyIndian River CDP
Indian River CDP, Michigan: commercial real estate data.
Indian River CDP is a Census CDP of 2,039 people across 12.93 square miles of land, in Cheboygan County. Median household income is $62,140, 83.5 percent of occupied homes are owned, and the SBA record carries 13 7(a) approvals to borrowers here worth $12.4 m.
74 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Indian River
What Indian River is
- Census place typeCDP
- Land area12.93 sq mi
- Water area7.36 sq mi
- Population per square mile of land158
- County holding the largest share of its areaCheboygan County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Indian River
How many people live in Indian River
- Population2,039
- Median age62.7
- Population under 18172 plus or minus 68
- Share under 188.4 percent plus or minus 3.2
- Population 65 and over902 plus or minus 202
- Share 65 and over44.2 percent plus or minus 8.9
- Households1,083
- Family households538
- Share of households that are families49.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Indian River
Income and work in Indian River
- Median household income$62,140 plus or minus $27,738
- Per capita income$57,274
- Civilian labor force851 plus or minus 219
- Employed819 plus or minus 207
- Unemployed32 plus or minus 42
- Unemployment rate3.8 percent plus or minus 4.8
- Adults 25 and over1,745
- Adults 25 and over with a high school diploma or higher92.4 percent
- Adults 25 and over with a bachelor degree or higher46.5 percent plus or minus 10.3
- Adults 25 and over with a graduate degree21.2 percent plus or minus 7.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Indian River
Housing in Indian River
- Housing units1,997
- Occupied units1,083
- Vacant units914 plus or minus 209
- Vacancy rate45.8 percent plus or minus 9.4
- Owner occupied904
- Renter occupied179 plus or minus 109
- Ownership rate83.5 percent
- Median owner-occupied home value$314,100 plus or minus $71,887
- Single family units1,809
- Share single family90.6 percent
- Units in buildings of two or more145 plus or minus 108
- Share in buildings of two or more7.3 percent plus or minus 5.3
- Mobile homes43 plus or minus 64
- Median year structure built1984
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Indian River
How Indian River gets to work
- Workers 16 and over who commute722 plus or minus 172
- Commuting under 15 minutes105 plus or minus 86
- Share commuting under 15 minutes14.5 percent plus or minus 11.4
- Commuting 30 minutes or more347 plus or minus 124
- Share commuting 30 minutes or more48.1 percent plus or minus 12.7
- Drove alone84.4 percent plus or minus 29.3
- Carpooled2.0 percent plus or minus 2.8
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home11.8 percent plus or minus 7.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Indian River
SBA loans in Indian River (7(a))
- Approvals13
- Gross approval$12,399,100
- Average approval$953,777
- Median approval$616,300
- Ninetieth percentile approval$1,485,000
- Largest approval$4,291,000
- Jobs supported115
- Jobs per approval8.8
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term240 months
- Share on real estate terms of 20 years or more53.8 percent
- Share to franchises0.0 percent
- Distinct lenders6
- Distinct industries by NAICS5
A charge-off rate is not published here. only 4 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Indian River
SBA loans in Indian River (504)
- Approvals2
- Gross approval$423,000
- Average approval$211,500
- Median approval$255,000
- Largest approval$255,000
- Jobs supported5
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cheboygan County, not Indian River
Cheboygan County context, not Indian River figures
These are Cheboygan County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Indian River measurements.
- Establishments in Cheboygan County770
- Employment at those establishments, Cheboygan County4,794
- Covered employment, Cheboygan County6,140
- Average annual pay, Cheboygan County$47,915
- Average weekly wage, Cheboygan County$921
- Housing units permitted, Cheboygan County78
- Of those, single family, Cheboygan County78
- County product, 2024, Cheboygan County$911,727,000
- County product change over the prior year, Cheboygan County5.1 percent
- Average income of an arriving household, Cheboygan County$81,359
Every figure in this section is published for Cheboygan County as a whole and is not a measurement of Indian River. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- No median gross rent is published for this place.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Indian River questions, answered from the record.
How many people live in Indian River, Michigan?
2,039, in 1,083 households. Indian River CDP covers 12.93 square miles of land, which is 158 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Indian River in?
Cheboygan County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Indian River?
$62,140. The median owner-occupied home is valued at $314,100. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Indian River businesses?
13 7(a) approvals totalling $12.4 m, across 6 lenders, median approval $616,300, plus 2 504 approvals worth $423,000. These count approvals to borrowers whose address is in Indian River, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Indian River borrowers get paid back?
No rate is published for Indian River. only 4 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Indian River figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cheboygan County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Indian River.
Is zoning published for Indian River?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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