Inverness

Population: 7,541
Median household income: $215,810
Median home value: $704,100

Inverness is a community in Cook County, Illinois, home to 7,541 residents. The median household income of $215,810 is above the Cook County median ($81,797).

Between 2019 and 2023, Inverness's population declined 1.2% from 7,633 to 7,541, while its median home value rose 12.0% from $628,700 to $704,100.

2.7% of residents live below the poverty line. Households average 2.75 people.

Demographics

ACS 2019–2023

Population: 7,541
Median age: 54.3 yrs
Median household income: $215,810
Median home value: $704,100
Median gross rent: $3,501
Housing units: 2,938
Homeownership rate: 97.9%
Bachelor's degree or higher: 68.8%
Unemployment rate: 2.7%

Trends

ACS 5-year · 2019–2023

Population

7,6337,541

Median household income

$192,576$215,810

Median home value

$628,700$704,100

Median gross rent

$3,250$3,501

Year	Population	Median household income	Median home value	Median gross rent
2019	7,633	$192,576	$628,700	$3,250
2020	7,959	$185,558	$648,200	$3,501
2021	7,684	$190,458	$640,700	$1,828
2022	7,722	$207,623	$699,400	—
2023	7,541	$215,810	$704,100	$3,501

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

Age distribution

Under 53.9%

5 to 1717.5%

18 to 244.4%

25 to 345.0%

35 to 449.0%

45 to 5411.2%

55 to 6420.0%

65 to 7417.6%

75 and over11.3%

	Count	Share
Under 5	291	3.9%
5 to 17	1,323	17.5%
18 to 24	331	4.4%
25 to 34	376	5.0%
35 to 44	682	9.0%
45 to 54	845	11.2%
55 to 64	1,511	20.0%
65 to 74	1,327	17.6%
75 and over	855	11.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	5,593	74.2%
Black or African American	106	1.4%
American Indian & Alaska Native	0	0.0%
Asian	1,609	21.3%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	28	0.4%
Two or more races	128	1.7%
Hispanic or Latino (any race)	77	1.0%

Educational attainment (age 25+)

No high school diploma2.2%

High school graduate8.9%

Some college or associate's20.0%

Bachelor's degree37.4%

Graduate or professional degree31.4%

	Count	Share
No high school diploma	125	2.2%
High school graduate	499	8.9%
Some college or associate's	1,120	20.0%
Bachelor's degree	2,093	37.4%
Graduate or professional degree	1,759	31.4%

Commute to work

Mean travel time to work: 27 min

Drove alone69.2%

Carpooled1.4%

Public transit3.7%

Walked1.2%

Bicycle0.0%

Worked from home22.8%

Other means1.7%

How workers get to work

	Count	Share
Drove alone	2,317	69.2%
Carpooled	46	1.4%
Public transit	124	3.7%
Walked	40	1.2%
Bicycle	0	0.0%
Worked from home	764	22.8%
Other means	58	1.7%

Travel time

	Count	Share
Under 15 min	350	13.5%
15 to 29 min	1,168	45.2%
30 to 44 min	542	21.0%
45 to 59 min	364	14.1%
60+ min	161	6.2%

Households

Average household size: 2.75
Poverty rate: 2.7% (196 of 7,378)

	Count	Share
Family households	2,226	82.5%
Nonfamily households	472	17.5%

Housing

Median year structure built: 1984

Occupancy

	Count	Share
Occupied	2,698	91.8%
Vacant	240	8.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,640	97.9%
Renter-occupied	58	2.1%

1-unit, detached86.6%

1-unit, attached11.4%

2 to 4 units1.8%

5 to 19 units0.0%

20 or more units0.2%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	2,545	86.6%
1-unit, attached	334	11.4%
2 to 4 units	52	1.8%
5 to 19 units	0	0.0%
20 or more units	7	0.2%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1737608
Type (LSAD): 47
Land area: 6.53 sq mi
Water area: 0.16 sq mi
Center point: 42.1151, -88.1009

Compare with nearby cities

Other places in Cook County

118