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CITY · 2020 ACS

Inverness

Florida · 7,543 residents · 8.333 sq mi
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The short version

Inverness has notably lower household income than the US average, with a median household income of $30,308. Population has held roughly steady since 2000. 14% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $105,600. With a median age of 55.3, the population is older than the US median of 38.8. Households here earn about 47% less than the Florida median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 55.3
US median: 38.8
Less educated
14% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
7,543
+11%since 2000
from 6,789 in 2000
1990 – 2025
Population density
905 / sq mi
+11%since 2000
from 815 / sq mi in 2000
US average: 280
Median age
55.3
+1%since 2000
from 54.6 in 2000
US average: 38.8
Population, 1990 – 2024
6K6K7K7K8K1990201020202024Inverness
20248K
1990201020202024
Section 02

Income & economy

Median household income
$30,308
−24%inflation adjusted, since 2000
from $26,604 in 2000
US average: $66,278
1990 – 2024
Per capita income
$20,787
+21%since 2000
from $17,211 in 2000
US average: $35,364
Households earning $100K+
12.2%
+0.9 ptssince 2009
from 11.3% in 2009
US average: 43.9%
Poverty rate
21.5%
+6.8 ptssince 2000
from 14.8% in 2000
US average: 12.8%
Workforce by industry, 2020
Information11.5%
US avg: 11.1%
Finance & insurance9.3%
US avg: 5.5%
Wholesale trade9%
US avg: 6.7%
Education & health services5.3%
US avg: 0.8%
Retail trade5.2%
US avg: 10%
Transportation & warehousing4.1%
US avg: 2.5%
Professional, scientific, technical4%
US avg: 4.7%
Arts, entertainment, food2.5%
US avg: 2%
Other services0.7%
US avg: 6.6%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$105,600
+8%inflation adjusted, since 2000
from $65,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$786
+16%inflation adjusted, since 2000
from $452 in 2000
US average: $1,124
Owner-occupied
63.2%
−4.2 ptssince 2000
from 67.4% in 2000
36.8% rent
Afford Score
3.5
+42%since 2000
from 2.4 in 2000
1990 – 2024
RELATED:See current rent listings in Inverness on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic88.5%(6,011)
Black5.1%(346)
Hispanic / Latino4.4%(300)
Asian0.5%(37)
Other0%
Diversity Score23.6%(1,603)
2020
White, non-Hispanic80.5%(6,072)
Black4.2%(318)
Hispanic / Latino8.7%(660)
Asian2.1%(159)
Other1%(77)
Diversity Score36.9%(2,780)
Diversity Score
37
+56%since 2000
from 24 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
14.4%
+2.4 ptssince 2000
from 12.0% in 2000
US average: 32.9%
High school or higher
87.6%
+13.2 ptssince 2000
from 74.4% in 2000
US average: 88.5%
Graduate degree
6.0%
+1.8 ptssince 2000
from 4.3% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.4 min
+17%since 2000
from 19.1 min in 2000
US average: 26.9
Drive alone to work
77.0%
+1.4 ptssince 2009
from 75.6% in 2009
US average: 75.1%
No vehicle available
13.4%
+3.2 ptssince 2009
from 10.1% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
10.6%
−8.8 ptssince 2011
from 19.4% in 2011
US average: 5.4%
Labor force participation
35.4%
−2.0 ptssince 2011
from 37.4% in 2011
US average: 63.4%
Management & professional
32.5%
−31.3 ptssince 2009
from 63.8% in 2009
US average: 39.3%
Section 08

People & community

Male
41.1%
−2.8 ptssince 2009
from 43.9% in 2009
Female
58.9%
+2.8 ptssince 2009
from 56.1% in 2009
Foreign born
2.7%
−2.0 ptssince 2009
from 4.8% in 2009
US average: 13.5%
Uninsured
7.1%
−77.1 ptssince 2013
from 84.2% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Inverness to nearby cities

INVERNESS VS
Citrus Hills
Income$85,837+183%
Home value$436,600+313%
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SEE FULL COMPARISON →
INVERNESS VS
Hernando
Income$43,076+42%
Home value$209,700+99%
Population9,299+19%
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INVERNESS VS
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Home value$164,500+56%
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INVERNESS VS
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Income$71,014+134%
Home value$384,800+264%
Population10,762+38%
SEE FULL COMPARISON →
Frequently asked

How many people live in Inverness, Florida?

Inverness, Florida has about 7,543 residents according to the 2020 American Community Survey.

What is the median household income in Inverness, Florida?

The typical household in Inverness, Florida earns about $30,308 a year. Half of households make more than that, and half make less.

Is Inverness, Florida expensive?

In Inverness, Florida, the median home is worth about $105,600, and the typical rent is about $786 a month.

How educated are people in Inverness, Florida?

About 14.4% of adults age 25 and over in Inverness, Florida hold a bachelor's degree or higher.

What is the poverty rate in Inverness, Florida?

About 21.5% of people in Inverness, Florida live below the federal poverty line.

Has Inverness, Florida grown since 1990?

Yes, Inverness, Florida has grown since 1990. The population has added about 1,746 residents, a change of about 30 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →