Melbourne Homes for Sale

More Information

   Community Profiles

   

Indialantic

Return to main Community Profiles index

During the Florida real estate boom that peaked in 1925, a community of homeowners established Indialantic, whose name means "between the Indian River and the Atlantic Ocean." The 1.05-square mile area was incorporated in 1952. Today it is a quiet, primarily residential town with a population of nearly 3000.

Swimming, fishing, boating and surfing are favorite pastimes, and Fifth Avenue - the beachside extension of U.S. 192 in Indialantic - is lined with a collection of ethnic restaurants and specialty shops, including women's and men's clothing, tropical fish, swim and surf apparel, framing, and used books.

In addition to its residential population, Indialantic is also home to numerous wildlife species, some of which are endangered. In 1975, the city was designated a bird sanctuary by a Town Council proclamation, and from May through October, endangered sea turtles nest along the town's shore. The hatching of the eggs and the struggle of the baby sea turtles to reach the Atlantic Ocean waters is an annual attraction for nature seekers and tour groups.

DEMOGRAPHICS
Many of the residents of Indialantic are married, some with adult-age children still living at home. A large number are either retired or planning for retirement, concentrating on investing and saving. More than half of the income for this group comes from interest, dividends, or rental properties. They own single-family homes in older, established neighborhoods and enjoy golfing, gardening, other outdoor activities.

Population in July 2008: 2,931. Population change since 2000: -0.4%
Males: 1,446 (49.4%)
Females: 1,485 (50.6%)

Median resident age: 45.7 years
Florida median age: 38.7 years

Estimated median household income in 2008: $76,621 (it was $62,181 in 2000)
Indialantic: $76,621
Florida: $47,778

Estimated per capita income in 2008: $50,990

Estimated median house or condo value in 2008: $332,685 (it was $150,300 in 2000)
Indialantic: $332,685
Florida: $218,700

Mean prices in 2008: All housing units: $408,844; Detached houses: $432,647; Townhouses or other attached units: $198,771; In 2-unit structures: $231,653; In 3-to-4-unit structures: $671,884; In 5-or-more-unit structures: $219,342

Recent home sales, real estate maps, and home value estimator for zip code 32903

RACES IN INDIALANTIC:
White Non-Hispanic (95.7%)
Hispanic (2.3%)
Two or more races (1.0%)
Other race (0.6%)

Dec. 2009 cost of living index in Indialantic: 88.6 (less than average, U.S. average is 100)

Ancestries: German (18.9%), English (18.4%), Irish (16.4%), Italian (13.7%), United States (5.4%), Scotch-Irish (5.2%).

Land area: 1.04 square miles. Population density: 2828 people per square mile

Houses: 1,493 (1,347 occupied: 1,056 owner occupied, 291 renter occupied)

% of renters here: 22%
State: 30%

Housing density: 1441 houses/condos per square mile

Median price asked for vacant for-sale houses and condos in 2008 in this state: $303,747.

Median contract rent in 2008: $988 (lower quartile is $824, upper quartile is $1,474)

Median rent asked for vacant for-rent units in 2008: $1,144

Median gross rent in Indialantic, FL in 2008: $1,096

Housing units in Indialantic with a mortgage: 553 (78 second mortgage, 64 home equity loan, 15 both second mortgage and home equity loan)

Houses without a mortgage: 340

Estimated median house or condo value in 2008: $332,685 (it was $150,300 in 2000)
Indialantic: $332,685
Florida: $218,700

Lower value quartile - upper value quartile: $229,635 - $406,007

Mean price in 2008:
Detached houses: $432,647
Here: $432,647
State: $320,221

Townhouses or other attached units: $198,771
Here: $198,771
State: $238,220

In 2-unit structures: $231,653
Here: $231,653
State: $259,404

In 3-to-4-unit structures: $671,884
Here: $671,884
State: $213,359

In 5-or-more-unit structures: $219,342
Here: $219,342
State: $260,965

Household type by relationship

Households: 2,941

In family households: 2,313 (636 male householders, 186 female householders)

689 spouses, 700 children (665 natural, 19 adopted, 16 stepchildren), 18 grandchildren, 26 brothers or sisters, 38 parents, 14 other relatives, 6 non-relatives

In nonfamily households: 628 (239 male householders (191 living alone)), 251 female householders (176 living alone)), 138 nonrelatives

Size of family households: 471 2-persons, 154 3-persons, 125 4-persons, 58 5-persons, 14 6-persons.

Size of nonfamily households: 367 1-person, 103 2-persons, 20 3-persons.

427 married couples with children.

62 single-parent households (16 men, 46 women).

93.7% of residents of Indialantic speak English at home.

2.7% of residents speak Spanish at home (83% speak English very well, 7% speak English not well, 11% don't speak English at all).

2.9% of residents speak other Indo-European language at home (75% speak English very well, 25% speak English well).

0.7% of residents speak Asian or Pacific Island language at home (100% speak English not well).

Foreign born population: 173 (5.9%)

(67.1% of them are naturalized citizens)

Median number of rooms in houses and condos:
Here: 6.5
State: 5.6

Median number of rooms in apartments:
Here: 4.1
State: 3.8


HIGH SCHOOLS - PUBLIC 
Melbourne High School
74 Bulldog Blvd., Melbourne
(321) 952-5880
Grades: 9-12

Satellite Beach High School
300 Scorpion Court, Satellite Beach
(321) 779-2000
Grades: 9-12

MIDDLE SCHOOLS - PUBLIC
Herbert C. Hoover Junior High School
2000 Hawk Haven Drive, Indialantic
(321) 727-1611
Grades: 7-8

ELEMENTARY SCHOOLS - PUBLIC
Indialantic Elementary
1050 North Palm Avenue, Indialantic
(321) 723-2811
Grades: K-6