Cost of Living in Indian Harbour Beach, FL

Population 8,991 · Florida · Data vintage 2023

127
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Indian Harbour Beach is a smaller Florida community of around 9000 residents, where median household incomes of $98,046 and housing costs ($387,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Geographically, Indian Harbour Beach sits roughly 14 miles north of Palm Bay. Median home values run roughly 56% higher than Palm Bay's $248,000.

Cost Overview

Housing 127
Rent 127

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Indian Harbour Beach

The median home value in Indian Harbour Beach is $387,400 — 27% above the national median of $305,000. Median rent runs $1,674/month, 27% higher than the national median of $1,314/month. The median household income of $98,046/year is 31% higher than the US median of $74,580. The local unemployment rate is 4.8%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 81.5°F and lows of 64.6°F. Overall, Indian Harbour Beach has a cost of living index of 127 versus the US average of 100, meaning it is 27% more expensive.

🏠 Housing

Median Home Value
$387,400
27% above avg
Zillow Home Value
$280,843
Zillow ZHVI
Median Rent
$1,674/mo
27% above avg
Zillow Rent
$2,816/mo
Zillow ZORI
Price-to-Rent Ratio
19.3x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 78.3%
Renter-occupied 21.7%

💰 Estimated Monthly Budget

Rent median rent
$1,674
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,288/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.3 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.2%

Commute Mode

Drove alone
77.8%
Carpooled
5.3%
Bicycle
0.4%
Work from home
15.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$98,046
31% above avg
Per Capita Income
$58,998
Unemployment Rate
4.8%
1% below avg
Poverty Rate
14.8%
Labor Force Participation
53.4%

🎓 Education

Bachelor's degree+ 27.0%
Graduate degree 28.1%

👥 Demographics

Median Age 48.5
Male median age 46.2
Female median age 51.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
81.5°F
Avg Low
64.6°F
Annual Precip
50.8"
50° 60° 70° 80° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 727477818588908988847774
Low °F 525458636973747574696156
Precip" 2.631.982.692.293.537.106.506.677.634.862.552.36

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
76.4%
Good air days/yr
130
Max AQI recorded
143
PM2.5 days
222
Ozone days

Frequently Asked Questions

What is the cost of living in Indian Harbour Beach, FL?

Indian Harbour Beach has a cost index of 127 (100 = national average). It is 27% above the national average.

What is average rent in Indian Harbour Beach, FL?

The median gross rent in Indian Harbour Beach is $1,674 per month based on 2023 Census data.

What is the average home price in Indian Harbour Beach?

The median home value in Indian Harbour Beach is $387,400 according to Zillow and Census data.

What is the median income in Indian Harbour Beach?

The median household income in Indian Harbour Beach is $98,046 per year (2023 ACS 5-year estimates).

What is the sales tax in Indian Harbour Beach, FL?

The combined state and local sales tax rate in Indian Harbour Beach is 7.0%. Florida has no state income tax.

Is Indian Harbour Beach, FL affordable?

Indian Harbour Beach is above average in cost of living, with an index of 127 — about 27% higher than the national average.

What is the weather like in Indian Harbour Beach?

Indian Harbour Beach has average high temperatures of 81.5°F and average lows of 64.6°F. Annual precipitation is 50.8". Data from NOAA 1991–2020 Climate Normals.

Indian Harbour Beach at a Glance

Population
8,991
Median Income
$98,046
Home Value
$387,400
Median Rent
$1,674/mo
Unemployment
4.8%
Avg High Temp
81.5°F
Sales Tax
7.0%
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