D

Inverness, FL

Source:

Affordability Score: 42/100

Population: 32,324 · 3 ZIP codes

The affordability dashboard for Inverness, FL aggregates Census ACS 5-Year Estimates across 3 ZIP codes covering 32,324 residents, then layers in county-level federal data to produce an overall grade of D (42/100). The headline inputs are median household income of $55,148, median home value of $226,398, median rent of $1,055 per month, and 19.4% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,225 per month (studio $981, 1BR $988, 3BR $1,704, 4BR $2,016). Department of Labor data lists infant center-based childcare at $9,100 per year, consuming 17% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Pressure points are education, housing, commute. Unemployment currently reads 6.5% and poverty 12.0% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income D
$55,148
Median household income
Education F
19.4%
Bachelor's degree or higher
Housing F
4.1x
Home value $226,398 vs income
Commute F
30 min
Average commute time
Rent C+
$1,225/mo
2BR fair market rent (27% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$9,100/yr
Center-based infant care (17% of income)

Income & Employment

Median Income
$55,148
▼ 11% vs national
Per Capita Income
$36,158
Unemployment Rate
6.5%
Poverty Rate
12.0%

Housing

Median Home Value
$226,398
▼ 18% vs national
Median Rent
$1,055/mo
Owner Occupied
83.3%
2BR Fair Market Rent
$1,225/mo
▲ 2% vs national

Fair Market Rents by Bedroom

Studio
$981
1BR
$988
2BR
$1,225
3BR
$1,704
4BR
$2,016

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
19.4%
▼ 11 ppt vs national
High School+
57.9%
Median Age
53.4
Avg. Commute
30 min
▲ 4 min vs national

Childcare Costs

Infant (Center)
$9,100/yr
17% of income
Toddler (Center)
$7,280/yr
Preschool (Center)
$6,760/yr
School-Age (Center)
$4,940/yr

What This Means

Inverness, FL receives an overall affordability grade of D (42/100), aggregated from 3 ZIP codes with a total population of 32,324. Challenges include education and housing and commute. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Inverness ZIP Codes
View all 3 ZIP codes with demographics and individual scorecards
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What are common questions about this dashboard?

Is Inverness, FL affordable?
Inverness, FL receives an overall affordability grade of D (42/100) based on Census, HUD, FBI, and DOL data. Median household income is $55,148. Median home value is $226,398.
What is the cost of living in Inverness?
Key cost metrics: Median rent $1,055/mo. 2BR fair market rent $1,225/mo. Infant childcare $9,100/yr. Median home value $226,398.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →