Inverness, FL
Population 7,672 · Florida
About Inverness, FL
Inverness is a small town located in Florida with a population of 7,672 residents according to the latest US Census Bureau American Community Survey data. The median household income is $44,899 per year, which is 40% below the national median of $75,149. The median age of 56 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Inverness features a median home value of $168,100, which is 31% below the national median of $244,900. This positions Inverness in a moderately priced market relative to the rest of the country. Median monthly rent is $982, 16% below the national average of $1,163/month. Of the 4,640 total housing units, 70% are owner-occupied (2,753 units) and 30% are renter-occupied (1,183 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Inverness shows an unemployment rate of 6.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.0%, above the national average of 12.4%. Workers in Inverness have an average one-way commute time of 23 minutes.
Education & Demographics
21.0% of Inverness residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.7% White, 0.8% Hispanic or Latino, 2.7% Black or African American, and 2.7% Asian residents, with 4.3% of the population being foreign-born.
Cost of Living in Inverness, FL
Compared to national averages, Inverness has a median household income of $44,899 (40% below the national median of $75,149). Home values average $168,100, which is 31% below the national median. Monthly rent at $982 is 16% below the US average of $1,163. Within Florida, Inverness's income is 41% below the state average of $75,893, and home values are 52% below the state median of $353,675.
Why Live in Inverness, FL?
Inverness offers affordable housing with a median home value of $168,100, below the US average of $244,900, and rent that’s lower than the national average at $982/month, and short commute times averaging just 23 minutes.
Potential considerations include median household income ($44,899) that falls below the national average. However, Inverness’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Inverness has a population of 7,672 with a median age of 56 years. Compare Inverness with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Inverness
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Beacon Square | 7,643 | $52,598 | $147,100 | Compare |
| Sky Lake | 7,728 | $65,161 | $254,300 | Compare |
| Newberry | 7,608 | $100,513 | $268,800 | Compare |
| Arcadia | 7,571 | $38,388 | $158,900 | Compare |
| Dade City | 7,570 | $63,041 | $211,900 | Compare |
| Southwest Ranches | 7,569 | $157,390 | $841,900 | Compare |
| Macclenny | 7,558 | $63,640 | $227,500 | Compare |
| Broadview Park | 7,802 | $67,532 | $326,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
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, FL?
The population of Inverness, FL is 7,672 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Florida.
What is the median household income in Inverness?
The median household income in Inverness, FL is $44,899 per year, which is 40% below the national median of $75,149.
What is the median home value in Inverness?
The median home value in Inverness, FL is $168,100, which is 31% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Inverness?
The median monthly rent in Inverness, FL is $982, which is 16% below the national average of $1,163/month.
What is the unemployment rate in Inverness?
The unemployment rate in Inverness, FL is 6.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Inverness, FL a good place to live?
Inverness offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 7,672 and a median age of 56, the city appeals to established professionals and retirees.
How educated is Inverness, FL?
21.0% of residents in Inverness aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Inverness?
Key cost-of-living indicators for Inverness, FL: median home value is $168,100 (31% below national), median rent is $982/month, and median household income is $44,899. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Inverness?
The poverty rate in Inverness, FL is 15.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Inverness, FL?
Inverness's population is 1.7% White, 0.8% Hispanic or Latino, 2.7% Black or African American, 2.7% Asian, and 2.7% two or more races. 4.3% of residents are foreign-born.