Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

39 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $868

Average Rent as Percentage of Gross Income

Median rent for 2018: $788

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $9,076
--Home Prepared Food $5,114
--Restaurant/Takeaway Food $3,962
Alcoholic Beverages $666
Housing $23,005
--Rent/Mortgage/Upkeep/Taxes $13,452
--Utilities $4,637
--Operations $1,747
--Supplies $855
--Furnishings $2,323
Apparel $2,134
--Men & Boys $477
--Women & Girls $864
--Children < 2 $9
--Footwear $450
Transportation $11,174
--New Vehicles $2,089
--Used Vehicles $2,386
--Fuel $2,413
--Insurance $1,117
--Public Transit $936
Healthcare $5,691
Entertainment $3,692
--Pets $756
--Toys $180
Personal Care Products $882
Books & Literature $126
Education $1,612
Tobacco Products $396
Miscellaneous $1,135
Retirement $2,161
Non-health Insurance $8,356
Total Expenditures $70,106

Selected Population Data

Period Geography Population
2014 Inverness city, Florida 7,205
2015 Inverness city, Florida 7,184
2016 Inverness city, Florida 7,204
2017 Inverness city, Florida 7,164
2018 Inverness city, Florida 7,216