City profile · Florida · Census ACS 2023

Inverness, FL

Population, income, housing, safety, climate and schools for Inverness - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

7,672
Residents
$44,899
Median income
$168,100
Median home
$1,225
Median rent (state)

Inverness - the verdict

Out of every US city with 1,000+ residents, Inverness places in the 13th percentile for household income. Source: Census ACS.

13th
percentile, household income
33rd
percentile, home value
39th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Inverness, FL

Florida's Inverness is a small town, with 7,672 residents per the latest Census Bureau ACS figures. Inverness households earn a median of $44,899 annually, in the lower quartile of U.S. cities for household income, with a poverty rate of 9.3%. Inverness's housing stock carries a median value of $168,100, and the median resident age is 56.0 years. Educational attainment runs 21.0% of adults with a bachelor's degree or higher. Separately, 47.9% of working-age residents are in the labor force.

The Census Building Permit Survey recorded 31 residential units authorized here in 2024 (Construction Slowdown), down 72% from five years earlier. NOAA climate normals record an annual average temperature of 69.8°F with 52.4 inches of precipitation per year.

Florida carries a cost-of-living premium: BEA Regional Price Parities 2024 puts Florida at 103.4 on a 100-equals-national-average scale (Above Average). HUD Fair Market Rent for a typical two-bedroom in this state is $1,225 per month. EIA 2023 residential energy data puts Florida's average monthly utility costs around $225 (state average). The average commute for Inverness workers runs 20.9 minutes, with 75.6% driving alone and 9.1% working from home. FEMA's National Risk Index rates natural-hazard exposure at 94.7 out of 100 (Very High).

Population

7,672 residents

Census ACS 2023 - Florida

Median Household Income

$44,899 /yr

Poverty 9.3%

Cost of Living Index (state)

103.4 (US=100)

Above Average - BEA RPP 2024, Florida average

How does Inverness compare to other US cities?

Here's how Inverness stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.

Household income 13% higher than other cities
Home value 33% pricier than other cities
Median rent 39% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Inverness against every qualifying US city; each in-state rank narrows that to Florida only. Full formula and direction notes: methodology.

Florida-relative analysis

Median Gross Rent places Inverness near the bottom of Florida's cities

Among the 930 Florida cities PlainCities tracks with reported median gross rent data, Inverness ranks #842 - the 8th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Inverness only against its own state's cities, not the full US field.

Median Household Income
#806 of 903
11th percentile in Florida
Median Gross Rent
#842 of 930
8th percentile in Florida
Median Home Value
#745 of 894
17th percentile in Florida
Poverty Rate
#384 of 930
58th percentile in Florida
Bachelor's Degree or Higher
#583 of 930
37th percentile in Florida

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Florida only, not a livability score. See the methodology for the source and calculation.

13thIncome percentile

13th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Inverness's home value compares nationally

Median home value vs. every US city (population 1,000+)

$168,100 Among the most affordable more affordable than 67% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). This entry sits in this band. $175,000–$200,000: 1,229 US cities (8%). Above this entry. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Inverness $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

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

Income distribution context

Household income distribution - Inverness, FL Inverness, FL's reported median household income shown against the U.S. national quintile-share pattern (not Inverness, FL-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Inverness, FL median $44,899/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Inverness, FL's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Inverness, FL. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 21.0%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 9.3%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 47.9%

Census ACS S2301, share of working-age residents in the labor force

Population
7,672
Median Income
$44,899
Median Home Value
$168,100
Median Age
56.0
Poverty Rate
9.3%
Labor force participation
47.9%
Bachelor's Degree+
21.0%

Climate

Avg Temperature
69.8°F
Annual Precipitation
52.4"
Annual Snowfall
0.0"

Schools

Total Schools
6
Public schools in this city

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
7,500 residents7,600 residents7,700 residents7,800 residents7,900 residents 202020212022202320242025 7,589 residents 7,796 residents ▲ +2.7%
Inverness's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

📉 Construction Slowdown
Total Permits (2024)
31
housing units authorized
Single-Family
31
detached homes
Multifamily
0
apartments & condos
Supply Intensity
4
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 112
2020 17
2021 23
2022 28
2023 37
2024 31

Permit volume decreased 72% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Average Commute Time
20.9 minutes
Drive Alone
75.6%
Carpool
11.1%
Public Transit
0.0%
Walk
2.0%
Work from Home
9.1%
Other
2.2%

Based on 3,223 workers 16 and over.

Monthly Utility Costs

State-average estimates for Florida - EIA 2023 residential energy data

Electricity
$145
avg/month
Natural Gas
$25
avg/month
Water & Sewer
$55
avg/month
Total Utilities
$225
estimated/month

Estimates reflect Florida state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Florida state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Inverness sits in

Cost of Living Index
103.4
Above Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,225/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
94.7 / 100
Very High
FEMA NRI composite score (county)

Similar Cities in Florida

Beacon Square
7,643 people
Sky Lake
7,728 people
Newberry
7,608 people
Arcadia
7,571 people
Dade City
7,570 people
Southwest Ranches
7,569 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Inverness's 7,672 residents (Census ACS 5-Year 2023).

Ashland, VA
7,667 people
Shorewood, MN
7,679 people
Seward, NE
7,665 people
Floresville, TX
7,679 people
Ludington, MI
7,664 people
Thousand Palms, CA
7,662 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Inverness's $44,899 (Census ACS 5-Year 2023, table B19013).

North Industry, OH
$44,899 median income
Edgewater Park, OK
$44,896 median income
Tappahannock, VA
$44,896 median income
Piney View, WV
$44,886 median income
Lawrenceville, IL
$44,885 median income
Victor, CO
$44,914 median income

Race & Ethnicity Composition

Race and ethnicity - Inverness, FL Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Inverness, FL - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 85.7% 6.5% ETHNICITY, Hispanic or Latino (any race) 8.1% White 85.7% Black or African American 3.3% Asian 3.9% American Indian 0.1% Native Hawaiian 0.0% Some other race 0.6% Two or more races 6.5% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Inverness compares to nearby Florida cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Inverness (this city) 7,672 $44,899
Beacon Square 7,643 $52,598
Sky Lake 7,728 $65,161
Newberry 7,608 $100,513
Census ACS 5-year FIPS FL NOAA Normals NCES CCD Census BPS 2024 OMB Bulletin 23-01

What do people ask about Inverness, FL?

What is the population of Inverness, FL? +

7,672 people live in Inverness, FL according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Inverness, FL? +

The median household income in Inverness is $44,899 per year, based on Census ACS 2023 data.

What is the cost of living in Inverness? +

BEA does not publish a city-level cost-of-living figure for Inverness; the closest available measure is the Florida state average, a cost of living index of 103.4 (U.S. average = 100), rated "Above Average" based on BEA Regional Price Parities 2024 data. Costs within Florida vary by metro area.

What is the median home value in Inverness, FL? +

A typical home in Inverness is worth $168,100, according to Census ACS 2023 estimates.

What is the climate like in Inverness? +

Inverness has an average annual temperature of 69.8°F, 52.4 inches of precipitation. Source: NOAA Climate Normals.

Source: U.S. Census Bureau ACS 5-Year 2023, NOAA Climate Normals, NCES CCD, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.