Inwood, Florida Demographics & Population 2026
During the 2020–2024 ACS period, Inwood, Florida had a total population of 7,556, the 394th largest community in Florida, with a median household income of $55,540, which is 26% lower than the state average. The poverty rate is 20.3%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 7.1% of adults have a bachelor's degree, well below the national average of 35.7%.
Inwood Quick Facts
How Inwood 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 | 7,098 | 7,556 | +6.5% |
| Median household income | $38,786 | $55,540 | +43.2% |
| Median home value | $115,200 | $142,300 | +23.5% |
How Inwood 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 diverse community with significant representation from multiple racial and ethnic groups.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Inwood Rankings in Florida
Explore Florida Rankings
Other Cities in Polk County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Lakeland | 119,961 | $64,185 | 13.2% | $249,400 |
| Poinciana | 75,068 | $68,015 | 14.9% | $290,700 |
| Winter Haven | 55,200 | $59,648 | 16.4% | $269,800 |
| Haines City | 34,234 | $65,975 | 16.1% | $288,900 |
| Bartow | 20,438 | $68,178 | 18.1% | $234,100 |
| Auburndale | 18,530 | $77,911 | 9.6% | $296,200 |
| Lake Wales | 16,785 | $56,347 | 22.4% | $239,300 |
| Highland City | 13,276 | $90,947 | 5.9% | $347,100 |
| Davenport | 13,238 | $73,685 | 14.1% | $333,300 |
| Lakeland Highlands | 12,102 | $108,263 | 2.7% | $385,000 |
Cities Similar to Inwood
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Lecanto | 7,398 | $56,215 | $316,900 | 21.5% | 5.8% |
| West Samoset | 7,429 | $54,352 | $212,800 | 11.3% | 16.4% |
| Mims | 7,610 | $59,005 | $235,700 | 16.5% | 11.5% |
| Southeast Arcadia | 7,555 | $60,169 | $169,200 | 6.3% | 26.4% |
| Clewiston | 7,348 | $57,222 | $239,200 | 17.4% | 16.4% |
Population Overview
Inwood is a small city located in Florida, within Polk County. The total population is 7,556. It ranks as the 394th most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Inwood is 36.3 years. This is 15% lower than the state median of 42.6 years.
Economy, Income & Housing
The median household income in Inwood is $55,540. This is 26% lower than the state median of $74,568. It is also 31% lower than the national median of $80,734. The poverty rate stands at 20.3%. This is 62% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 6.5%. This is 35% higher than the state rate of 4.8%. The median home value is $142,300. Housing costs are 60% lower than the state median of $359,000. With a home-value-to-income ratio of just 2.6x, Inwood is one of the most affordable housing markets in the area. 68.6% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 67.6%.
Race & Ethnicity
Inwood is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. White (non-Hispanic) residents account for 33.6%. The Black or African American population is significantly higher than the state average (26.6% vs 14.6%). The Asian population (0.1%) is well below the state average of 2.9%.
Education
7.1% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 79% 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 81.5%.
Data Sources & Methodology
All demographic data for Inwood, 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 Inwood, Florida?
Inwood, Florida has a population of 7,556 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Inwood, FL?
The median household income in Inwood is $55,540, which is 31% lower than the national median of $80,734.
What is the poverty rate in Inwood, FL?
The poverty rate in Inwood is 20.3%. This means approximately 1,533 residents live below the federal poverty line.
What is the racial makeup of Inwood, Florida?
Inwood's population is 33.6% White, 26.6% Black, 35.9% Hispanic/Latino, and 0.1% Asian.
What is the median home value in Inwood, FL?
The median home value in Inwood is $142,300. The home-value-to-income ratio is 2.6x.
How educated is Inwood, Florida?
7.1% of adults (25+) in Inwood hold a bachelor's degree or higher, and 1.5% hold a graduate or professional degree.