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Inverness city, Florida

City

Population: 7,672 (2023 estimate)

Located in Florida , Florida

Census Bureau data for Inverness city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Inverness city

What is the median household income in Inverness city?
The median household income in Inverness city is $44,899 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Inverness city?
The poverty rate in Inverness city is 9.3% (U.S. Census Bureau ACS 2023).
What is the median home value in Inverness city?
$168,100 (U.S. Census Bureau ACS 2023).
What is the average rent in Inverness city?
The median gross rent in Inverness city is $982 per month (U.S. Census Bureau ACS 2023).
What percentage of Inverness city residents have a college degree?
21.0% of adults in Inverness city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
7,672
Median Income
$44,899
Median Home Value
$168,100
Poverty Rate
9.3%
Unemployment (ACS 2023)
6.1%
Median Age
56.0 yrs
Since 2019 Median Income: +$16,226 (+56.6%) Home Value: +$68,900 (+69.5%) Poverty Rate: -3.6 pp (-27.9%) Bachelor's+: +7.1 pp (+51.1%) Unemployment: -2.9 pp (-32.2%)

Demographics

Total Population 7,672
Median Age 56.0
Female 58.1%
Race & Ethnicity
Hispanic or Latino 8.1% White (non-Hisp.) 81.5% Black 3.3% Asian 3.9% Two or More 6.5% Other 0.5%
Asian Subgroups (% of total pop.)
Filipino
3.6%
Indian
0.1%
Vietnamese
0.1%
Hispanic Subgroups (% of total pop.)
Puerto Rican
2.7%
Mexican
1.7%
Cuban
1.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $44,899 ±$7,376
-$26,812 vs. state
Per Capita Income $61,100
Median Family Income $68,242
Poverty Rate 9.3%
+0.4 pp vs. state
Child Poverty Rate 13.3%
Working-Age Poverty Rate
SNAP Recipients 9.2%
Social Security Income
Retirement Income 34.9%
Household Income Distribution
< $10k
9.4%
$10–15k
4.5%
$15–25k
10.1%
$25–35k
13.7%
$35–50k
15.5%
$50–75k
19.0%
$75–100k
8.9%
$100–150k
14.5%
$150–200k
2.5%
$200k+
1.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 4,640
Owner-Occupied 69.9%
Renter-Occupied 30.1%
Vacancy Rate 15.2%
Median Home Value $168,100
-$156,900 vs. state
Median Gross Rent $982
Owner Cost Burden (30%+) 35.1%
Renter Cost Burden (30%+) 39.1%
Home Value Distribution
< $50k
4.1%
$50–100k
8.5%
$100–200k
28.9%
$200–300k
28.5%
$300–500k
7.8%
$500k–$1M
4.9%
$1M+
0.4%
Gross Rent Distribution
< $500
6.7%
$500–1k
46.2%
$1–1.5k
34.1%
$1.5–2k
11.7%
$2–2.5k
1.3%
Vehicle Availability
No vehicle
11.1%
1 vehicle
52.3%
2 vehicles
30.7%
3+
6.0%
Housing Type
Single-fam. det.
52.7%
Single-fam. att.
15.9%
2–4 units
7.3%
5–19 units
7.7%
20+ units
3.3%
Mobile home
4.6%
Housing Age
Pre-1940
0.5%
1940–1969
1.5%
1970–1999
21.6%
2000–2009
11.2%
2010+
3.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 93.4%
Bachelor's or Higher 21.0%
-12.2 pp vs. state
Graduate Degree 6.7%
Some College / Associate 28.0%
Less Than High School 2.2%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 51.0%
Unemployment Rate 6.1%
+1.3 pp vs. state
Work from Home 9.1%
Self-Employed 5.0%
Government Workers 9.5%
Private For-Profit 85.2%
Industry
Edu/Health
35.6%
Retail
14.6%
Arts/Entmt.
14.0%
Finance
7.2%
Transportation
5.7%
Construction
5.1%
Public Admin
4.9%
Prof. Services
4.1%
Information
1.6%
Wholesale
0.4%
Manufacturing
0.3%
Occupation
Sales
32.5%
Management
32.0%
Food Prep
21.7%
Construction
8.6%
Production
5.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 23.0 min
Drove Alone 75.6%
Carpool 11.1%
Public Transit 0.0%
Work from Home 9.1%
Walked 2.0%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 3,936
Avg. Household Size 1.00
Avg. Family Size
Married-Couple Households 31.1%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 8.1%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
2.6%
5–9
4.4%
10–14
3.2%
15–19
4.2%
20–24
3.9%
25–34
11.3%
35–44
12.2%
45–54
7.8%
55–64
4.8%
65–74
5.9%
75–84
20.5%
85+
13.8%
Under 18: 13.6% Working age (18–64): 86.4% 65 and over: 39.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 4.3%
Naturalized Citizen 83.3%
Speaks English Less Than Very Well 1.1%
Foreign-Born Origin
Asia
43.6%
Latin America
33.3%
Europe
14.2%
Africa
5.5%

Veterans & Disability

Veteran 12.3%
With a Disability 20.3%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 87.8%
Uninsured 12.2%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 86.0%
Has a Computer 91.4%
Same House 1 Year Ago 89.6%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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