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Inverness, IL

Full City Profile · Illinois · McHenry County County

4.3 /5.0
A Great
7,541 Population 1,155/sq mi density
$215,810 Median Income $94,044 per capita
$704,100 Home Value $762,450 Zillow
$3,501 Median Rent 17.0% income on rent
48°F Avg Temperature 246 sunny days/yr
A
Overall
4.3 / 5.0
Strong
A+
Economy
5.0 / 5.0
$215,810 median income, 1.6% unemployment
A+
Affordability
4.8 / 5.0
$704,100 home value, $3,501/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
68.8% bachelor's degree or higher

Income Overview

Median Household Income
$215,810
187% above
US avg: $75,149
Per Capita Income
$94,044
141% above
US avg: $39,052
Unemployment Rate
1.6%
56% below
US avg: 3.6%
Poverty Rate
2.2%
82% 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
$215,810
287%
Per Capita
US: $39,052
$94,044
241%
IRS Avg AGI
US: $72,000
$93,804
130%
Avg Weekly Wage
US: $1,432
$1,060
74%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,060
26% below US avg ($1,432)
Mean Commute Time
27 min
2% below US avg (28 min)
Work From Home
22.8%
50% above US avg (15.2%)
Drive Alone
69.2%
5% below US avg (73.2%)
Public Transit
3.7%
26% below US avg (5.0%)
County GDP
$15,983M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 69.2%
Public Transit 3.7%
Work From Home 22.8%
Other 4.3%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
7,928
Restaurants
645
Healthcare
846
Retail
816
Manufacturing
432

Tax & Financial

IRS Avg Adjusted Gross Income
$93,804
30% above US avg ($72,000)
Avg Property Tax
$8,712
149% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$215,810
Per Capita Income$94,044
IRS Avg Adjusted Gross Income$93,804
Avg Weekly Wage$1,060
County GDP$15,983M

Hardship Indicators

Unemployment Rate1.6%
Poverty Rate2.2%
Gini Coefficient0.411
Cost of Living Index100.0

Commute

Mean Commute27 minutes
Drive Alone69.2%
Public Transit3.7%
Work From Home22.8%

Businesses

Total Establishments7,928
Restaurants645
Healthcare846
Retail816
Manufacturing432

Tax

IRS Avg AGI$93,804
Avg Property Tax$8,712