Population 24,293 · Census ACS 2020–24
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Population and households in Inverness
Household size in Inverness
| Period | Inverness | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 2.33 | 2.63 | 2.68 |
| 2010–14 | 2.27 | 2.73 | 2.73 |
| 2015–19 | 2.26 | 2.75 | 2.71 |
| 2020–24 | 2.10 | 2.63 | 2.65 |
| Change | −0.24 | +0.00 | −0.03 |
Inverness is a place of small households, averaging 2.10 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Since 2006–10, household size has dropped from 2.33, a much bigger shift than nationally. Of the 512 Florida cities with 5,000+ people, only 48 have smaller households.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Inverness
| Period | Inverness | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 50.5 | 40.8 | 37.7 |
| 2010–14 | 53.0 | 42.0 | 38.6 |
| 2015–19 | 53.2 | 43.0 | 39.6 |
| 2020–24 | 56.1 | 43.5 | 40.1 |
| Change | +5.6 | +2.7 | +2.3 |
With a median age of 56.1, Inverness is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees. Since 2006–10, the median age has climbed from 50.5, as it has nationally. Residents skew youngest in the southwest and oldest in the center.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Inverness
| Period | Inverness | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 8.3% | 12.4% | 12.3% |
| 2010–14 | 9.4% | 12.2% | 12.3% |
| 2015–19 | 9.5% | 11.5% | 11.6% |
| 2020–24 | 5.6% | 11.4% | 11.6% |
| Change | −2.7 pts | −1.0 pts | −0.6 pts |
Single-parent households are relatively rare in Inverness: 5.6% of households, against 11.6% nationally. The single-parent share is down 2.7 points from 2006–10, a much bigger shift than nationally. Inverness has a lower share of single-parent households than the great majority of Florida cities.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Inverness
Renters in Inverness
| Period | Inverness | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 19.1% | 30.3% | 33.3% |
| 2010–14 | 20.1% | 33.9% | 35.6% |
| 2015–19 | 23.8% | 34.6% | 36.0% |
| 2020–24 | 17.7% | 32.4% | 34.8% |
| Change | −1.4 pts | +2.1 pts | +1.5 pts |
Only 17.7% of households in Inverness rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 56.5% have no mortgage at all, well above the national share of 39.8%. Rentals cluster in the center; owners are most common in the southeast. The renter share is down 1.4 points from 2006–10, even as the national share rose.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Inverness
| Period | Inverness | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 21.9% | 17.2% | 11.4% |
| 2010–14 | 21.7% | 17.6% | 11.4% |
| 2015–19 | 21.2% | 15.4% | 11.1% |
| 2020–24 | 15.2% | 12.5% | 9.6% |
| Change | −6.7 pts | −4.8 pts | −1.8 pts |
Vacancy is high in Inverness: 15.2% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. Vacancy has fallen 6.7 points since 2006–10, a much bigger shift than nationally.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Inverness
| Period | Inverness | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 1984 | 1984 | 1974 |
| 2010–14 | 1985 | 1985 | 1975 |
| 2015–19 | 1985 | 1986 | 1977 |
| 2020–24 | 1988 | 1989 | 1980 |
| Change | +4 | +5 | +6 |
Inverness has newer housing than the country as a whole: the median home was built in 1988, versus 1980 nationally. The median year built has moved up from 1984 in 2006–10, a sign of steady new building. Newer construction is concentrated in the northwest, while the east has the oldest housing.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Inverness
| Period | Inverness | Florida | U.S. |
|---|---|---|---|
| 2006–10 | $776 | $1,092 | $965 |
| 2010–14 | $758 | $1,123 | $1,040 |
| 2015–19 | $817 | $1,323 | $1,213 |
| 2020–24 | $1,117 | $1,816 | $1,571 |
| Change | +$341 | +$724 | +$606 |
Rent in Inverness runs $1,117 a month at the median, utilities included, well below the U.S. median of $1,571. Rents are up $341 a month from 2006–10, a 44% rise, a slower climb than the nation's. Rent takes 35.0% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched. Renters on a budget will find the lowest rents in the southwest; the highest are in the northwest.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Inverness
Bachelor's degrees in Inverness
| Period | Inverness | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 14.8% | 26.4% | 28.4% |
| 2010–14 | 16.1% | 27.0% | 29.6% |
| 2015–19 | 16.4% | 30.0% | 32.1% |
| 2020–24 | 20.1% | 34.6% | 35.6% |
| Change | +5.4 pts | +8.2 pts | +7.2 pts |
College degrees are relatively uncommon in Inverness: 20.1% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%. The share with a degree has risen 5.4 points since 2006–10, mirroring the country.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Inverness
| Period | Inverness | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 85.9% | 85.5% | 84.9% |
| 2010–14 | 86.6% | 86.5% | 86.1% |
| 2015–19 | 85.4% | 88.2% | 87.7% |
| 2020–24 | 93.2% | 90.0% | 89.3% |
| Change | +7.3 pts | +4.4 pts | +4.3 pts |
High school completion in Inverness is above the national rate: 93.2% of adults have a diploma, against 89.3%. The share with a diploma is up 7.3 points from 2006–10, as it has nationally.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Inverness
| Period | Inverness | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 12.6% | 8.9% | 8.1% |
| 2010–14 | 13.4% | 11.0% | 9.4% |
| 2015–19 | 7.4% | 5.7% | 5.6% |
| 2020–24 | 6.6% | 4.8% | 5.4% |
| Change | −6.0 pts | −4.1 pts | −2.7 pts |
Jobs have been a little harder to find in Inverness than nationally: unemployment was 6.6%, against 5.4%. Unemployment has fallen 6.0 points since 2006–10, in line with the national trend. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Inverness compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Inverness | 2.10 | 56.1 | 5.6% | 17.7% | 15.2% | 1988 | $1,117 | 20.1% | 93.2% | 6.6% |
| Inverness Highlands South | 2.39 | 46.2 | 8.9% | 12.7% | 7.5% | 1984 | $1,205 | 15.6% | 89.9% | 5.3% |
| Inverness Highlands North | 2.38 | 40.9 | 4.7% | 23.3% | 16.4% | 1990 | $1,341 | 10.8% | 90.5% | 0.5% |
| Hernando | 2.15 | 57.4 | 8.0% | 14.5% | 19.1% | 1990 | $1,061 | 18.9% | 92.1% | 8.3% |
| Rutland | 2.62 | 46.2 | 7.6% | 22.6% | 19.9% | 1986 | $1,186 | 24.2% | 90.2% | 2.6% |
| Citrus Hills | 2.13 | 65.9 | 1.6% | 8.8% | 12.8% | 2001 | $1,245 | 35.2% | 95.9% | 2.7% |
| Floral City | 2.34 | 57.9 | 5.5% | 9.2% | 24.0% | 1988 | $878 | 16.0% | 90.0% | 8.9% |
| Lecanto | 2.41 | 54.9 | 7.3% | 11.1% | 11.0% | 1994 | $1,296 | 22.4% | 92.2% | 3.8% |
| Beverly Hills | 2.17 | 52.2 | 11.1% | 28.4% | 13.0% | 1982 | $1,140 | 15.6% | 91.7% | 7.8% |
| Holder | 2.35 | 58.1 | 6.7% | 5.3% | 12.1% | 1996 | $1,190 | 21.8% | 93.4% | 4.4% |
| Panacoochee Retreats | 2.78 | 34.9 | 19.7% | 35.7% | 31.9% | 1984 | $1,067 | 26.0% | 84.2% | 5.0% |
All figures 2020–24.
Cities with similar populations: Dover, NJ · Trotwood, OH · Tipp City, OH · Taylorsville, NC · Tavares, FL · Stoneham, MA · Springfield, TN · Fernley, NV · Farmington, UT · Farmington, MO
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Inverness. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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