Inverness

Population: 7,672
Median household income: $44,899
Median home value: $168,100

Located in Citrus County, Florida, Inverness is a community with a population of 7,672. At $44,899, its median household income sits below Citrus County's $55,355.

From 2019 to 2023, Inverness's population grew 5.4% from 7,281 to 7,672, while its median home value rose 69.5% from $99,200 to $168,100.

The median resident is 56.0 years old. The largest age group is 65 to 74, 20.5% of residents.

Demographics

ACS 2019–2023

Population: 7,672
Median age: 56.0 yrs
Median household income: $44,899
Median home value: $168,100
Median gross rent: $982
Housing units: 4,640
Homeownership rate: 69.9%
Bachelor's degree or higher: 21.0%
Unemployment rate: 6.1%

Trends

ACS 5-year · 2019–2023

Population

7,2817,672

Median household income

$28,673$44,899

Median home value

$99,200$168,100

Median gross rent

$786$982

Year	Population	Median household income	Median home value	Median gross rent
2019	7,281	$28,673	$99,200	$786
2020	7,399	$30,308	$105,600	$786
2021	7,423	$39,532	$120,100	$842
2022	7,602	$42,282	$147,200	$911
2023	7,672	$44,899	$168,100	$982

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 52.6%

5 to 1711.1%

18 to 244.7%

25 to 3411.3%

35 to 4412.2%

45 to 547.8%

55 to 6410.7%

65 to 7420.5%

75 and over19.2%

	Count	Share
Under 5	198	2.6%
5 to 17	848	11.1%
18 to 24	359	4.7%
25 to 34	867	11.3%
35 to 44	937	12.2%
45 to 54	597	7.8%
55 to 64	822	10.7%
65 to 74	1,573	20.5%
75 and over	1,471	19.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	6,256	81.5%
Black or African American	206	2.7%
American Indian & Alaska Native	10	0.1%
Asian	299	3.9%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	281	3.7%
Hispanic or Latino (any race)	620	8.1%

Educational attainment (age 25+)

No high school diploma6.6%

High school graduate33.1%

Some college or associate's39.2%

Bachelor's degree14.3%

Graduate or professional degree6.7%

	Count	Share
No high school diploma	413	6.6%
High school graduate	2,077	33.1%
Some college or associate's	2,459	39.2%
Bachelor's degree	898	14.3%
Graduate or professional degree	420	6.7%

Commute to work

Mean travel time to work: 23 min

Drove alone75.6%

Carpooled11.1%

Public transit0.0%

Walked2.0%

Bicycle0.7%

Worked from home9.1%

Other means1.5%

How workers get to work

	Count	Share
Drove alone	2,436	75.6%
Carpooled	358	11.1%
Public transit	0	0.0%
Walked	64	2.0%
Bicycle	24	0.7%
Worked from home	294	9.1%
Other means	47	1.5%

Travel time

	Count	Share
Under 15 min	1,282	43.8%
15 to 29 min	775	26.5%
30 to 44 min	338	11.5%
45 to 59 min	325	11.1%
60+ min	209	7.1%

Households

Average household size: 1.81
Poverty rate: 15.0% (1,081 of 7,195)

	Count	Share
Family households	1,733	44.0%
Nonfamily households	2,203	56.0%

Housing

Median year structure built: 1987

Occupancy

	Count	Share
Occupied	3,936	84.8%
Vacant	704	15.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,753	69.9%
Renter-occupied	1,183	30.1%

1-unit, detached52.7%

1-unit, attached15.9%

2 to 4 units15.8%

5 to 19 units7.7%

20 or more units3.3%

Mobile home & other4.6%

Units in structure

	Count	Share
1-unit, detached	2,446	52.7%
1-unit, attached	739	15.9%
2 to 4 units	732	15.8%
5 to 19 units	356	7.7%
20 or more units	152	3.3%
Mobile home & other	215	4.6%

Geography

Place GEOID: 1233950
Type (LSAD): 25
Land area: 8.05 sq mi
Water area: 0.33 sq mi
Center point: 28.8442, -82.3429