The 2010 United States Census reported that Indian Wells had a population of 4,958. The population density was 339.8 people per square mile (131.2/km2). The racial makeup of Indian Wells was 4,721 (95.2%) White (92.3% Non-Hispanic White), 29 (0.6%) African American, 20 (0.4%) Native American, 83 (1.7%) Asian, 2 (0.0%) Pacific Islander, 52 (1.0%) from other races, and 51 (1.0%) from two or more races. Hispanic or Latino of any race were 209 persons (4.2%).
The Census reported that 4,952 people (99.9% of the population) lived in households, 6 (0.1%) lived in non-institutionalized group quarters, and 0 (0%) were institutionalized.
There were 2,745 households, out of which 193 (7.0%) had children under the age of 18 living in them, 1,519 (55.3%) were opposite-sex married couples living together, 85 (3.1%) had a female householder with no husband present, 46 (1.7%) had a male householder with no wife present.
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