Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Ratings
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Employment
The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.
Inverness, Florida is a small city with a population of 7,675 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (91% White). Given that fact, Inverness could be considered less diverse than other cities. With an average age of 61 years, Inverness residents appear to be older compared to the national average. For seniors and retirees, this city presents itself as a compelling choice.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Inverness, Florida could be a good experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Finding the best places to live in Inverness and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, cost of living, commute, education and other important metrics.
The livability score in Inverness is 66 out of 100 and the city is ranked in the 63rd percentile of all cities across America. If we probe a little deeper into each category within the livability score, we see that Inverness has higher than average grades for the following: education (B-) and housing (A-). There is at least one category that did not score well in Inverness. The following was graded with a less than perfect score: amenities (F) and employment (F).
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Inverness excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Inverness real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Inverness. The median home price for Inverness homes is $186,798, which is 37.7% lower than the Florida average. If we take a closer look at the affordability of homes in Inverness, we’ll see that the home price to income ratio is 4.2, which is 0% lower than the Florida average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Inverness | Florida | National |
| Average one way commute | 22min | 27min | 26min |
| Workers who drive to work | 77.0% | 79.5% | 76.4% |
| Workers who carpool | 13.1% | 9.3% | 9.3% |
| Workers who take public transit | 0.2% | 2.1% | 5.1% |
| Workers who bicycle | 0.5% | 0.7% | 0.6% |
| Workers who walk | 0.0% | 1.5% | 2.8% |
| Working from home | 7.7% | 5.4% | 4.6% |
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