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Inverness, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
7,770
Population
$43,523
Median Income
$203,000
Home Value
59.3
Median Age

Demographics

Inverness has a population of 7,770 with a median age of 59.3. Here is the racial and ethnic breakdown of the population:

White
85.7%
Hispanic
6.4%
Asian
3.7%
Black
2.9%
Other
1.3%
Demographic Value
Total Population7,770
Median Age59.3
White85.7%
Black or African American2.9%
Asian3.7%
Hispanic or Latino6.4%
Other / Two or More Races1.3%
Inverness, Florida — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 85.7%Hispanic/Latino: 6.4%Asian: 3.7%Black: 2.9%Other: 1.3%7,770PopulationWhiteWhite85.7%Hispanic/LatinoHispanic/Latino6.4%AsianAsian3.7%BlackBlack2.9%OtherOther1.3%

Income & Economy

The median household income in Inverness is $43,523, which is 46.0% below the national median of $80,610. The per capita income is $35,168. The poverty rate is 15.0%.

$43,523
Median Household Income
$35,168
Per Capita Income
15.0%
Poverty Rate

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Education

In Inverness, 92.6% of residents age 25+ have a high school diploma or higher, and 19.9% hold a bachelor's degree or higher (5.4% with a graduate or professional degree).

HS Diploma+
92.6%
Bachelor's+
19.9%
Graduate+
5.4%
Education Level % of Adults (25+)
High School Diploma or Higher92.6%
Bachelor's Degree or Higher19.9%
Graduate or Professional Degree5.4%

Housing

The median home value in Inverness is $203,000, below the national median of $303,400. The median monthly rent is $975. The homeownership rate is 71.0%.

$203,000
Median Home Value
$975/mo
Median Rent
71.0%
Homeownership Rate
Housing Metric Value
Median Home Value$203,000
Median Monthly Rent$975
Homeownership Rate71.0%
Vacancy Rate12.5%

Salaries in Florida

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Frequently Asked Questions

What is the population of Inverness, Florida?
The population of Inverness, Florida is 7,770 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Inverness, Florida?
The median household income in Inverness, Florida is $43,523. This is 46.0% below the national median of $80,610.
What is the median home value in Inverness, Florida?
The median home value in Inverness, Florida is $203,000. The median monthly rent is $975.
What percentage of people in Inverness have a college degree?
In Inverness, Florida, 19.9% of adults age 25 and older hold a bachelor's degree or higher, and 92.6% have a high school diploma or higher.
Is Inverness, Florida an affordable place to live?
The home price-to-income ratio in Inverness, Florida is 4.7x (median home value $203,000 vs. median income $43,523), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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