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Inverness, FL

Full City Profile · Florida · Citrus County County

2.9 /5.0
C+ Fair
7,672 Population 953/sq mi density
$44,899 Median Income $34,180 per capita
$168,100 Home Value $236,714 Zillow
$982 Median Rent 32.2% income on rent
70°F Avg Temperature 314 sunny days/yr
511 Violent Crime/100K 3,348 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$44,899 median income, 3.1% unemployment
A+
Affordability
4.6 / 5.0
$168,100 home value, $982/mo rent
F
Safety
1.0 / 5.0
511 violent crimes/100K (34% above avg)
C+
Education
2.7 / 5.0
21.0% bachelor's degree or higher

Income Overview

Median Household Income
$44,899
40% below
US avg: $75,149
Per Capita Income
$34,180
12% below
US avg: $39,052
Unemployment Rate
3.1%
14% below
US avg: 3.6%
Poverty Rate
9.3%
25% below
US avg: 12.4%

Income Comparison: Inverness vs. U.S. Average

Each bar shows Inverness’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$44,899
60%
Per Capita
US: $39,052
$34,180
88%
IRS Avg AGI
US: $72,000
$65,147
90%
Avg Weekly Wage
US: $1,432
$941
66%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$941
34% below US avg ($1,432)
Mean Commute Time
23 min
17% below US avg (28 min)
Work From Home
9.1%
40% below US avg (15.2%)
Drive Alone
75.6%
3% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$6,981M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 75.6%
Public Transit 0%
Work From Home 9.1%
Other 15.3%
Average commute time
23 minutes
US avg: 28 min

Business Landscape

Total Establishments
3,656
Restaurants
235
Healthcare
428
Retail
445
Manufacturing
66

Tax & Financial

IRS Avg Adjusted Gross Income
$65,147
10% below US avg ($72,000)
Avg Property Tax
$4,909
40% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$44,899
Per Capita Income$34,180
IRS Avg Adjusted Gross Income$65,147
Avg Weekly Wage$941
County GDP$6,981M

Hardship Indicators

Unemployment Rate3.1%
Poverty Rate9.3%
Gini Coefficient0.478
Cost of Living Index103.4

Commute

Mean Commute23 minutes
Drive Alone75.6%
Public Transit0.0%
Work From Home9.1%

Businesses

Total Establishments3,656
Restaurants235
Healthcare428
Retail445
Manufacturing66

Tax

IRS Avg AGI$65,147
Avg Property Tax$4,909