Life in Inverness research summary. HomeSnacks has been researching the quality of life in Inverness over the past eight years using Census data, FBI crime data, cost of living data, and other primary sources. Based on the most recently available data, we found the following about life in Inverness:
The population in Inverness is 7,423.
The median home value in Inverness is $120,100.
The median income in Inverness is $39,532.
The cost of living in Inverness is 95 which is 0.9x lower than the national average.
The median rent in Inverness is $842.
The unemployment rate in Inverness is 6.1%.
The poverty rate in Inverness is 15.8%.
Cost of living in Inverness summary. We use data on the cost of living to determine how expensive it is to live in Inverness. Real estate prices drive most of the variance in cost of living around Florida. Key points include:
The cost of living in Inverness is 95 with 100 being average.
The cost of living in Inverness is 0.9x lower than the national average.
The median home value in Inverness is $120,100.
The median income in Inverness is $39,532.
Living Expense | Inverness | Florida | National Average | |
---|---|---|---|---|
Overall | 95 | 101 | 100 | |
Services | 96 | 98 | 100 | |
Groceries | 117 | 101 | 100 | |
Health | 87 | 96 | 100 | |
Housing | 59 | 108 | 100 | |
Transportation | 97 | 98 | 100 | |
Utilities | 159 | 100 | 100 |
The current population in Inverness is 7,423. The population has increased 1.4% from 2010.
Year | Population | % Change |
---|---|---|
2021 | 7,423 | 2.9% |
2020 | 7,216 | 0.7% |
2019 | 7,164 | -0.6% |
2018 | 7,204 | 0.3% |
2017 | 7,184 | -0.3% |
2016 | 7,205 | -0.3% |
2015 | 7,230 | -0.4% |
2014 | 7,259 | -0.1% |
2013 | 7,269 | -0.7% |
2012 | 7,320 | - |
85.7% White with 6,363 White residents.
4.4% African American with 324 African American residents.
0.3% American Indian with 20 American Indian residents.
3.1% Asian with 232 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.0% Other with 0 Other residents.
1.1% Two Or More with 83 Two Or More residents.
5.4% Hispanic with 401 Hispanic residents.
Race | Inverness | FL | USA |
---|---|---|---|
White | 85.7% | 52.6% | 59.4% |
African American | 4.4% | 15.1% | 12.2% |
American Indian | 0.3% | 0.1% | 0.6% |
Asian | 3.1% | 2.7% | 5.6% |
Hawaiian | 0.0% | 0.1% | 0.2% |
Other | 0.0% | 0.5% | 0.4% |
Two Or More | 1.1% | 2.7% | 3.2% |
Hispanic | 5.4% | 26.2% | 18.4% |
Inverness is 57.3% female with 4,251 female residents.
Inverness is 42.7% male with 3,172 male residents.
Gender | Inverness | FL | USA |
---|---|---|---|
Female | 57.3% | 50.8% | 50.5% |
Male | 42.7% | 49.2% | 49.5% |
3.0% of adults in Inverness completed < 9th grade.
6.0% of adults in Inverness completed 9-12th grade.
37.0% of adults in Inverness completed high school / ged.
26.0% of adults in Inverness completed some college.
13.0% of adults in Inverness completed associate's degree.
10.0% of adults in Inverness completed bachelor's degree.
4.0% of adults in Inverness completed master's degree.
1.0% of adults in Inverness completed professional degree.
0.0% of adults in Inverness completed doctorate degree.
Education | Inverness | FL | USA |
---|---|---|---|
< 9th Grade | 3.0% | 4.0% | 5.0% |
9-12th Grade | 6.0% | 7.0% | 6.0% |
High School / GED | 37.0% | 28.0% | 26.0% |
Some College | 26.0% | 20.0% | 20.0% |
Associate's Degree | 13.0% | 10.0% | 9.0% |
Bachelor's Degree | 10.0% | 20.0% | 21.0% |
Master's Degree | 4.0% | 8.0% | 9.0% |
Professional Degree | 1.0% | 2.0% | 2.0% |
Doctorate Degree | 0.0% | 1.0% | 2.0% |
10.3% of households in Inverness earn Less than $10,000.
4.0% of households in Inverness earn $10,000 to $14,999.
16.6% of households in Inverness earn $15,000 to $24,999.
14.8% of households in Inverness earn $25,000 to $34,999.
16.2% of households in Inverness earn $35,000 to $49,999.
19.7% of households in Inverness earn $50,000 to $74,999.
10.9% of households in Inverness earn $75,000 to $99,999.
6.5% of households in Inverness earn $100,000 to $149,999.
0.8% of households in Inverness earn $150,000 to $199,999.
0.3% of households in Inverness earn $200,000 or more.
Income | Inverness | FL | USA |
---|---|---|---|
Less than $10,000 | 10.3% | 5.9% | 5.5% |
$10,000 to $14,999 | 4.0% | 3.9% | 3.9% |
$15,000 to $24,999 | 16.6% | 8.6% | 7.8% |
$25,000 to $34,999 | 14.8% | 9.3% | 8.2% |
$35,000 to $49,999 | 16.2% | 13.0% | 11.4% |
$50,000 to $74,999 | 19.7% | 18.2% | 16.8% |
$75,000 to $99,999 | 10.9% | 12.8% | 12.8% |
$100,000 to $149,999 | 6.5% | 14.7% | 16.3% |
$150,000 to $199,999 | 0.8% | 6.3% | 7.8% |
$200,000 or more | 0.3% | 7.3% | 9.5% |