Inwood, FL
Population 7,098 · Florida
About Inwood, FL
Inwood is a small town located in Florida with a population of 7,098 residents according to the latest US Census Bureau American Community Survey data. The median household income is $38,786 per year, which is 48% below the national median of $75,149. The median age of 33.8 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 Inwood features a median home value of $115,200, which is 53% below the national median of $244,900. This makes Inwood one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,112, 4% below the national average of $1,163/month. Of the 2,876 total housing units, 65% are owner-occupied (1,533 units) and 35% are renter-occupied (829 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Inwood shows an unemployment rate of 6.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 25.2%, above the national average of 12.4%. Workers in Inwood have an average one-way commute time of 33.8 minutes.
Education & Demographics
8.8% of Inwood 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 6.4% White, 0.4% Hispanic or Latino, 17.1% Black or African American, and 4.9% Asian residents, with 17.9% of the population being foreign-born.
Cost of Living in Inwood, FL
Compared to national averages, Inwood has a median household income of $38,786 (48% below the national median of $75,149). Home values average $115,200, which is 53% below the national median. Monthly rent at $1,112 is 4% below the US average of $1,163. Within Florida, Inwood's income is 49% below the state average of $75,893, and home values are 67% below the state median of $353,675.
Why Live in Inwood, FL?
Inwood offers affordable housing with a median home value of $115,200, below the US average of $244,900, and rent that’s lower than the national average at $1,112/month.
Potential considerations include median household income ($38,786) that falls below the national average. However, Inwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Inwood has a population of 7,098 with a median age of 33.8 years. Compare Inwood with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Inwood
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| West Miami | 7,077 | $56,509 | $436,700 | Compare |
| Belle Isle | 7,053 | $111,875 | $474,700 | Compare |
| Islamorada, Village of Islands | 7,042 | $95,212 | $880,200 | Compare |
| Connerton | 7,159 | $121,461 | $437,000 | Compare |
| Heathrow | 7,033 | $122,837 | $543,600 | Compare |
| Fort Pierce North | 7,023 | $36,707 | $151,500 | Compare |
| Neptune Beach | 7,199 | $111,025 | $613,500 | Compare |
| Lake Lorraine | 7,210 | $91,619 | $411,900 | 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 Inwood With Other Cities
Frequently Asked Questions about Inwood
What is the population of Inwood, FL?
The population of Inwood, FL is 7,098 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 Inwood?
The median household income in Inwood, FL is $38,786 per year, which is 48% below the national median of $75,149.
What is the median home value in Inwood?
The median home value in Inwood, FL is $115,200, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Inwood?
The median monthly rent in Inwood, FL is $1,112, which is 4% below the national average of $1,163/month.
What is the unemployment rate in Inwood?
The unemployment rate in Inwood, FL is 6.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Inwood, FL a good place to live?
Inwood offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 7,098 and a median age of 33.8, the city appeals to young professionals and families.
How educated is Inwood, FL?
8.8% of residents in Inwood 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 Inwood?
Key cost-of-living indicators for Inwood, FL: median home value is $115,200 (53% below national), median rent is $1,112/month, and median household income is $38,786. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Inwood?
The poverty rate in Inwood, FL is 25.2%, 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 Inwood, FL?
Inwood's population is 6.4% White, 0.4% Hispanic or Latino, 17.1% Black or African American, 4.9% Asian, and 29.0% two or more races. 17.9% of residents are foreign-born.