Inverness Highlands South, FL Profile: Facts & Data

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Inverness Highlands South, Florida - Basic Facts

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The Inverness Highlands South CDP(1) had a population of 6,889 as of July 1, 2021. Inverness Highlands South ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Inverness Highlands South is located at latitude 28.8007 and longitude -82.3371 in Citrus County. The formal boundaries for the Inverness Highlands South Census Designated Place encompass a land area of 5.61 sq. miles and a water area of 0 sq. miles.

The Inverness Highlands South Census Designated Place has a U2 Census Class Code which indicates a census designated place without an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Inverness Highlands South Census Designated Place is located within Inverness CCD of Citrus County.

Alternate Unofficial Names for Inverness Highlands South: Inverness Highlands South CDP.

  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

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  1. Inverness Highlands South 2021 Demographic Data
  2. Growth Rates for Inverness Highlands South (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2021 Demographics
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Inverness Highlands South, FL Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 6,889 (100%)
Population in Households 6,774 (98.3%)
Population in Families 5,334 (77.4%)
Population in Group Quarters1 115 ( 1.7%)
Population Density 1,228
Diversity Index2 28
 
 

INCOME

Median Household Income $46,046
Average Household Income $58,882
% of Income for Mortgage4 12%
Per Capita Income $25,160
Wealth Index5 58
 

HOUSING

Total HU (Housing Units) 3,356 (100%)
Owner Occupied HU 2,509 (74.8%)
Renter Occupied HU 488 (14.5%)
Vacant Housing Units 359 (10.7%)
Median Home Value $134,211
Average Home Value $216,215
Housing Affordability Index3 214
 

HOUSEHOLDS

Total Households 2,997
Average Household Size 2.26
Family Households 1,948
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 0.46% 0.54%
Households 0.48% 0.55%
Families 0.36% 0.48%
Median Household Income   2.39%
Per Capita Income   2.55%
Owner Occupied HU   0.78%

Inverness Highlands South, FL - Peer Comparisons by Rank and Percentile

The table below compares Inverness Highlands South to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 407 56th
Population Density # 548 40th
Median Household Income # 654 29th
Housing Affordability Index # 848 92nd
Per Capita Income # 594 35th
Diversity Index # 711 23rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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