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Economy & jobs
Statistics · City
estimate
Median household income in Inverness
2013 – 2024 · 12 data points
375 of 386 · Towns of Florida
Updated Nov 8, 2026
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
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Overview
7 figures
People
21 figures
Economy
20 figures
Housing
8 figures
Education
10 figures
Tourism
3 figures
Climate
8 figures
Latest value · 2024
$43,523
−3.1%
since 2023 ± $7,703 · margin of error
Towns of Florida · 2024
375 of 386
Place 1 is the highest value.
since 2014
+55%
+3.8% a year on average
vs Citrus County
−23%
Citrus County: $56,546 · 2024
Median household income, 2013 – 2024 US Dollar · Inverness · Citrus County · Florida · United States
+55% since 2014
$20,000
$40,000
$60,000
$80,000
$100K
2013
2016
2018
2020
2024
Inverness
Citrus County
Florida
United States
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Compared with Median household income · US Dollar
Source: U.S. Census Bureau, American Community Survey 5-year estimates
The series at a glance Inverness · 2013 – 2024
Latest value
$43,523 · 2024
First value
$28,726 · 2013
Highest
$44,899 · 2023
Lowest
$24,829 · 2016
Average change
+3.8% a year on average
Data points
12
By year
All years · 2013 – 2024
| Year | Inverness | ± | Change | Citrus County | Florida | United States |
|---|---|---|---|---|---|---|
| 2024estimate | $43,523 | $7,703 | −3.1% | $56,546 | $74,568 | $80,734 |
| 2023estimate | $44,899 | $7,376 | +6.2% | $55,355 | $71,711 | $78,538 |
| 2022estimate | $42,282 | $4,697 | +7.0% | $52,569 | $67,917 | $75,149 |
| 2021estimate | $39,532 | $4,745 | +30% | $48,664 | $61,777 | $69,021 |
| 2020estimate | $30,308 | $4,021 | +5.7% | $45,689 | $57,703 | — |
| 2019estimate | $28,673 | $3,953 | +5.9% | $44,237 | $55,660 | — |
| 2018estimate | $27,080 | $3,738 | +0.8% | $41,424 | $53,267 | — |
| 2017estimate | $26,857 | $3,769 | +8.2% | $40,574 | $50,883 | — |
| 2016estimate | $24,829 | $2,868 | −9.4% | $39,054 | $48,900 | — |
| 2015estimate | $27,396 | $3,302 | −2.7% | $38,312 | $47,507 | — |
| 2014estimate | $28,143 | $3,210 | −2.0% | $38,109 | $47,212 | — |
| 2013estimate | $28,726 | $2,128 | $39,100 | $46,956 | — |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Ranking · Towns of Florida
2013 · Place 1 is the highest value.
| # | Territory | Median household income | |
|---|---|---|---|
| 386 | Panacea | $18,920 | |
| 385 | Opa-locka | $20,338 | |
| 384 | University | $21,282 | |
| 383 | Brownsville | $21,539 | |
| 382 | Century | $21,932 | |
| 381 | Chiefland | $22,210 | |
| 380 | Goulding | $23,809 | |
| 379 | Goodland | $23,820 | |
| 378 | Otter Creek | $24,271 | |
| 377 | Carrabelle | $24,318 | |
| 376 | Mangonia Park | $24,679 | |
| 375 | Gladeview | $24,990 | |
| 374 | Defuniak Springs | $25,377 | |
| 373 | Canal Point | $25,500 | |
| 372 | Wimauma | $25,625 | |
| 371 | Medley | $25,833 | |
| 370 | Callahan | $25,962 | |
| 369 | Florida City | $26,166 | |
| 368 | Hastings | $26,184 | |
| 367 | Immokalee | $26,399 | |
| 366 | Fort Pierce | $26,414 | |
| 365 | Inglis | $26,563 | |
| 364 | Cross City | $26,607 | |
| 363 | Pierson | $27,031 | |
| 362 | Wewahitchka | $27,188 | |
| … | |||
| 353 | Steinhatchee | $28,197 | |
| 352 | Dade City | $28,510 | |
| 351 | Naranja | $28,652 | |
| 350 | Inverness | $28,726 | |
| 349 | South Bay | $28,750 | |
| 348 | Pinewood | $28,987 | |
| 347 | Dover | $29,044 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013
What it means
The income in the middle: half the households earn more, half earn less.
How it is calculated
Median of total annual household income from the survey, in dollars of the survey's last year.
Economy & jobs
Inverness in numbers
GDP per person
$73,879
2024 · Florida
GDP per person (PPP)
$73,879
2024 · Florida
Gross domestic product
$7B
2024 · Citrus County
Economic growth
1.3%
2024 · Citrus County
Inflation
2.9%
2024 · United States
Unemployment rate
5.8%
2025 · Citrus County
Unemployment rate, latest month
6.7%
Aug 2026 · Citrus County
Youth unemployment
9.3%
2025 · United States
Employment rate
68.2%
2024 · Florida
Labour force participation
47.1%
2024
Labour force
54,728
2025 · Citrus County
Household income per person
$64,167
2024 · Florida