Inverness, CO
Population 3,088 · Colorado
About Inverness, CO
Inverness is a small town located in Colorado with a population of 3,088 residents according to the latest US Census Bureau American Community Survey data. The median household income is $104,636 per year, which is 39% above the national median of $75,149. The median age of 32.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Inverness features a median home value of $799,600, which is 227% above the national median of $244,900. This places Inverness in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,036, 75% above the national average of $1,163/month. Of the 1,905 total housing units, 15% are owner-occupied (289 units) and 85% are renter-occupied (1,589 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Inverness shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 5.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Inverness have an average one-way commute time of 17.1 minutes, one of the shorter commutes in the region.
Education & Demographics
75.0% of Inverness residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 8.4% White, 1.4% Hispanic or Latino, 1.0% Black or African American, and 2.6% Asian residents, with 27.1% of the population being foreign-born.
How Inverness Ranks in Colorado
Cost of Living in Inverness, CO
Compared to national averages, Inverness has a median household income of $104,636 (39% above the national median of $75,149). Home values average $799,600, which is 227% above the national median. Monthly rent at $2,036 is 75% above the US average of $1,163. Within Colorado, Inverness's income is 18% above the state average of $88,514, and home values are 75% above the state median of $457,127.
Why Live in Inverness, CO?
Inverness offers a strong local economy with a median household income of $104,636, well above the national average, and a well-educated community where 75.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.9%, better than the national average. Additionally, the city features short commute times averaging just 17.1 minutes.
Potential considerations include a competitive housing market where the typical home costs $799,600. However, Inverness’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Inverness has a population of 3,088 with a median age of 32.9 years. Compare Inverness with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Inverness
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stepping Stone | 3,079 | $220,039 | $787,300 | Compare |
| Walsenburg | 3,079 | $40,799 | $148,600 | Compare |
| La Salle | 3,119 | $91,635 | $362,700 | Compare |
| Snowmass Village | 3,048 | $107,559 | $1,748,000 | Compare |
| Burlington | 3,165 | $59,842 | $199,000 | Compare |
| Orchard City | 3,193 | $65,282 | $286,500 | Compare |
| Buena Vista | 2,966 | $58,409 | $495,800 | Compare |
| Strasburg | 3,249 | $81,607 | $445,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Inverness With Other Cities
Frequently Asked Questions about Inverness
What is the population of Inverness, CO?
The population of Inverness, CO is 3,088 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Colorado.
What is the median household income in Inverness?
The median household income in Inverness, CO is $104,636 per year, which is 39% above the national median of $75,149.
What is the median home value in Inverness?
The median home value in Inverness, CO is $799,600, which is 227% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Inverness?
The median monthly rent in Inverness, CO is $2,036, which is 75% above the national average of $1,163/month.
What is the unemployment rate in Inverness?
The unemployment rate in Inverness, CO is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Inverness, CO a good place to live?
Inverness offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,088 and a median age of 32.9, the city appeals to young professionals and families.
How educated is Inverness, CO?
75.0% of residents in Inverness aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Inverness?
Key cost-of-living indicators for Inverness, CO: median home value is $799,600 (227% above national), median rent is $2,036/month, and median household income is $104,636. The home-value-to-income ratio is 7.6x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Inverness?
The poverty rate in Inverness, CO is 5.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Inverness, CO?
Inverness's population is 8.4% White, 1.4% Hispanic or Latino, 1.0% Black or African American, 2.6% Asian, and 3.6% two or more races. 27.1% of residents are foreign-born.