Census Bureau data for Inverness village 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.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Inverness village
- What is the median household income in Inverness village?
- The median household income in Inverness village is $215,810 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Inverness village?
- The poverty rate in Inverness village is 2.2% (U.S. Census Bureau ACS 2023).
- What is the median home value in Inverness village?
- $704,100 (U.S. Census Bureau ACS 2023).
- What is the average rent in Inverness village?
- The median gross rent in Inverness village is $3,501 per month (U.S. Census Bureau ACS 2023).
- What percentage of Inverness village residents have a college degree?
- 68.8% of adults in Inverness village hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
7,541
Median Income
$215,810
Median Home Value
$704,100
Poverty Rate
2.2%
Unemployment (ACS 2023)
2.7%
Median Age
54.0 yrs
Since 2019
Median Income:
+$23,234 (+12.1%)
Home Value:
+$75,400 (+12%)
Bachelor's+:
+2.8 pp (+4.2%)
Unemployment:
+1.2 pp (+80%)
Demographics
Total Population
7,541
Median Age
54.0
Female
51.5%
Race & Ethnicity
Hispanic or Latino 1.0%
White (non-Hisp.) 74.2%
Black 1.4%
Asian 21.3%
Two or More 2.1%
Other 0.6%
Asian Subgroups (% of total pop.)
Indian
9.5%
Korean
9.4%
Chinese
2.4%
Vietnamese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
0.6%
Puerto Rican
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$215,810
±$12,655
+$134,108 vs. state
Per Capita Income
$243,409
Median Family Income
$221,319
Poverty Rate
2.2%
-6.0 pp vs. state
Child Poverty Rate
1.5%
Working-Age Poverty Rate
—
SNAP Recipients
0.4%
Social Security Income
—
Retirement Income
37.0%
Household Income Distribution
< $10k
0.4%
$10–15k
1.1%
$15–25k
0.7%
$25–35k
1.8%
$35–50k
3.0%
$50–75k
5.3%
$75–100k
9.7%
$100–150k
9.3%
$150–200k
14.1%
$200k+
54.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
2,938
Owner-Occupied
97.9%
Renter-Occupied
2.1%
Vacancy Rate
8.2%
Median Home Value
$704,100
+$453,600 vs. state
Median Gross Rent
$3,501
Owner Cost Burden (30%+)
33.5%
Renter Cost Burden (30%+)
0.0%
Home Value Distribution
$50–100k
0.4%
$100–200k
0.8%
$200–300k
2.4%
$300–500k
16.2%
$500k–$1M
59.7%
$1M+
20.4%
Vehicle Availability
1 vehicle
16.2%
2 vehicles
45.0%
3+
38.8%
Housing Type
Single-fam. det.
86.6%
Single-fam. att.
11.4%
20+ units
0.2%
Housing Age
Pre-1940
4.4%
1940–1969
4.8%
1970–1999
14.3%
2000–2009
17.5%
2010+
4.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.8%
Bachelor's or Higher
68.8%
+31.6 pp vs. state
Graduate Degree
31.4%
Some College / Associate
12.1%
Less Than High School
1.5%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
57.3%
Unemployment Rate
2.7%
-3.1 pp vs. state
Work from Home
22.8%
Self-Employed
4.6%
Government Workers
7.8%
Private For-Profit
86.9%
Industry
Finance
21.8%
Edu/Health
18.4%
Prof. Services
13.2%
Retail
12.0%
Manufacturing
9.0%
Arts/Entmt.
7.6%
Wholesale
5.3%
Information
3.5%
Construction
3.4%
Transportation
2.6%
Public Admin
2.0%
Occupation
Management
69.3%
Sales
22.6%
Food Prep
4.1%
Construction
2.4%
Production
1.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
27.1 min
Drove Alone
69.2%
Carpool
1.4%
Public Transit
3.7%
Work from Home
22.8%
Walked
1.2%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
2,698
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
79.1%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
26.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
3.9%
5–9
7.3%
10–14
6.4%
15–19
4.7%
20–24
3.5%
25–34
5.0%
35–44
9.0%
45–54
11.2%
55–64
9.8%
65–74
10.3%
75–84
17.6%
85+
9.4%
Under 18: 21.4%
Working age (18–64): 78.6%
65 and over: 28.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
22.8%
Naturalized Citizen
76.6%
Speaks English Less Than Very Well
7.9%
Foreign-Born Origin
Asia
58.3%
Europe
33.1%
Africa
3.8%
Latin America
1.6%
Veterans & Disability
Veteran
3.4%
With a Disability
8.0%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
95.8%
Uninsured
4.2%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
98.6%
Has a Computer
99.0%
Same House 1 Year Ago
84.6%
Moved from Abroad
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023