Inverness, Florida Demographics & Population 2026
During the 2020–2024 ACS period, Inverness, Florida had a total population of 7,770, the 386th largest city in Florida, with a median household income of $43,523, which is 42% lower than the state average. The poverty rate is 15.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 42% below the state average, indicating significant economic challenges.
Inverness Quick Facts
How Inverness Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 7,672 | 7,770 | +1.3% |
| Median household income | $44,899 | $43,523 | -3.1% |
| Median home value | $168,100 | $203,000 | +20.8% |
How Inverness Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Inverness Rankings in Florida
Explore Florida Rankings
Other Cities in Citrus County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Homosassa Springs | 15,701 | $48,049 | 20.3% | $158,200 |
| Citrus Springs | 12,215 | $68,011 | 11.6% | $240,000 |
| Sugarmill Woods | 10,782 | $71,426 | 10.8% | $332,600 |
| Pine Ridge (Citrus County) | 10,762 | $71,014 | 15.1% | $384,800 |
| Beverly Hills | 9,650 | $46,488 | 19.8% | $164,500 |
| Citrus Hills | 9,304 | $85,837 | 5.9% | $436,600 |
| Hernando | 9,299 | $43,076 | 21.1% | $209,700 |
| Inverness Highlands South | 7,449 | $60,750 | 8.7% | $216,800 |
| Lecanto | 7,398 | $56,215 | 5.8% | $316,900 |
| Floral City | 5,437 | $62,025 | 14.9% | $232,000 |
Cities Similar to Inverness
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Arcadia | 7,707 | $39,677 | $177,700 | 11.3% | 31.8% |
| Fort Pierce North | 7,224 | $40,228 | $167,600 | 16.6% | 23.9% |
| Marianna | 7,150 | $40,414 | $98,700 | 14.6% | 22.1% |
| Perry | 7,068 | $40,898 | $150,500 | 17.3% | 18.9% |
| Westgate | 8,151 | $51,604 | $251,300 | 9.7% | 26.9% |
Population Overview
Inverness is a small city located in Florida, within Citrus County. The total population is 7,770. It ranks as the 386th most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Inverness is 59.3 years. This is 39% higher than the state median of 42.6 years. Only 11.7% of residents are under 18, indicating fewer families with children. 21.9% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Inverness is $43,523. This is 42% lower than the state median of $74,568. It is also 46% lower than the national median of $80,734. The poverty rate stands at 15.0%. This is 19% higher than the state poverty rate of 12.6%. The unemployment rate is 5.9%. This is 22% higher than the state rate of 4.8%. The median home value is $203,000. Housing costs are 43% lower than the state median of $359,000. The home-value-to-income ratio is 4.7x. 71.0% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 67.6%.
Race & Ethnicity
The largest racial or ethnic group in Inverness is White (non-Hispanic), making up 82.9% of the population. Hispanic or Latino residents account for 6.4%. The White (non-Hispanic) population is significantly higher than the state average (82.9% vs 50.4%). The Black or African American population (2.7%) is well below the state average of 14.6%. The Hispanic or Latino population (6.4%) is well below the state average of 27.4%.
Education
19.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 42% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.6%.
Data Sources & Methodology
All demographic data for Inverness, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Inverness, Florida?
Inverness, Florida has a population of 7,770 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Inverness, FL?
The median household income in Inverness is $43,523, which is 46% lower than the national median of $80,734.
What is the poverty rate in Inverness, FL?
The poverty rate in Inverness is 15.0%. This means approximately 1,096 residents live below the federal poverty line.
What is the racial makeup of Inverness, Florida?
Inverness's population is 82.9% White, 2.7% Black, 6.4% Hispanic/Latino, and 3.7% Asian.
What is the median home value in Inverness, FL?
The median home value in Inverness is $203,000. The home-value-to-income ratio is 4.7x.
How educated is Inverness, Florida?
19.9% of adults (25+) in Inverness hold a bachelor's degree or higher, and 5.4% hold a graduate or professional degree.