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Inverness, NS

Full City Profile · Nova Scotia

3.0 /5.0
B Good
1,228 Population 2/sq mi density
$65,000 Median Income $41,960 per capita
$174,000 Home Value
$645 Median Rent 8.1% income on rent
41°F Avg Temperature 241 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$65,000 median income, 21.4% unemployment
A+
Affordability
5.0 / 5.0
$174,000 home value, $645/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.5% bachelor's degree or higher

Inverness, NS

At a Glance

Median Income
$65,000
14% below
$41,960 per capita
Home Value
$174,000
38% below
Median Rent
$645/mo
45% below
8.1% of income on rent
Bachelor's Degree+
11.5%
66% below
22.5% high school+
Unemployment
21.4%
494% above
14.6% poverty rate
Avg Temperature
41°F
241 sunny days/yr

How Inverness Compares to the U.S. Average

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

Income
86%
Home Value
62%
Rent
55%
Poverty
118%
Bachelor's
34%
Unemployment
594%
Thin vertical line = U.S. national average (100%)

Is Inverness a Good Place to Live?

B
3.0 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Inverness residents earn a median household income of $65,000 , which is 14% below the national average of $75,149. Per capita income is $41,960. The unemployment rate stands at 21.4% (494% above the U.S. rate of 3.6%). 14.6% of residents live below the poverty line. The area is home to 38 business establishments.

Housing & Cost of Living

The median home value in Inverness is $174,000 , 38% below the national median of $281,900. Median rent is $645/month, with 8.1% of renters spending more than 30% of income on housing.

Education

11.5% of adults in Inverness hold a bachelor's degree or higher (66% below the national average). 22.5% have completed high school.

Climate & Weather

Inverness has an average annual temperature of 41°F (5°C). Winters average 21°F in January while summers reach 63°F in July. The area gets 241 sunny days per year. Annual precipitation totals 52.4 inches.

Data Overview

People

Population1,228
Median Age56.4 yrs
Density2/mi²
Male / Female49% / 51%

Economy

C+
Median Income$65,000
Per Capita$41,960
Unemployment21.4%
Poverty14.6%
Avg Weekly Wage$807

Housing

A+
Home Value$174,000
Rent$645
Ownership84.8%
Housing Units2,395
Rent Burden8.1%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp41°F
Sunny Days241/yr
Rain52.4 in/yr
Elevation138 ft

Education

D
Bachelor's+11.5%
High School+22.5%
Graduate+3.5%

Community

Commute22 min

Did You Know?

17.8% work from home.