Housing data for Inverness Highlands South, FL
Inverness Highlands South, FL has an estimated 7,449 residents and 3,425 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Citrus County.
11.0% of households rent.
The median gross rent is $1,289 a month.
Its population grew measurably since 2015–2019 (+15.6%).
Figures last updated on .
- Residents
- 7,449 (±846)
- Housing units
- 3,425 (±310)
- Households that rent
- 11.0%
- Median gross rent
- $1,289
- Residents since 2015–2019
- +15.6%
What stands out in Inverness Highlands South
Working from home: 6.5% (±3.6 points) in Inverness Highlands South, lower than in Citrus County (13.6%).
Median real estate taxes: $1,008 (±$168) in Inverness Highlands South, lower than in Citrus County ($1,430).
Households that moved in since 2020: 16.0% (±5.2 points) in Inverness Highlands South, lower than in Citrus County (22.8%).
Homes in buildings of 5 or more units: 0.7% (±0.9 points) in Inverness Highlands South, lower than in Citrus County (3.0%).
- Commute and cars in Inverness Highlands South
- Property taxes in Inverness Highlands South
- How long people stay in Inverness Highlands South
- Types of homes in Inverness Highlands South
Housing in Inverness Highlands South at a glance
- Median rent: $1,289 median gross rent a month
- Rent by bedrooms: $1,071 median gross rent, 2 bedrooms
- Rent burden: 62.4% of renters pay 30% or more of income
- Renters and owners: 11.0% of households rent
- Income and affordability: $60,750 median household income
- Home values: $216,800 median home value
- Homeowner costs: $1,173 median monthly cost with a mortgage
- Property taxes: $1,008 median real estate taxes a year
- Types of homes: 0.7% of homes are in buildings of 5 or more units
- Bedrooms: 68.5% of homes have 3 or more bedrooms
- Age of homes: 31.0% of homes were built before 1980
- Vacancy rate: 7.2% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 94.2% heat with electricity
- Commute and cars: 31.0 minutes average trip to work
- Growth: +15.6% residents since 2015–2019
- How long people stay: 16.0% moved in since 2020
- Crowding and facilities: 3.0% of homes have more than 1 person per room
Inverness Highlands South against Citrus County, its state and the nation
| Inverness Highlands South | Citrus County | Florida | United States | |
|---|---|---|---|---|
| Residents | 7,449 (±846) | 162,472 (exact) | 22,416,077 (exact) | 334,922,499 |
| Housing units | 3,425 (±310) | 84,929 (±109) | 10,256,470 (±942) | 143,775,355 |
| Households that rent | 11.0% (±4.4 points) | 14.8% (±1.3 points) | 32.4% (±0.2 points) | 34.8% |
| Median gross rent | $1,289 (±$244) | $1,107 (±$50) | $1,669 (±$5) | $1,413 |
| Median household income | $60,750 (±$9,456) | $56,546 (±$1,701) | $74,568 (±$284) | $80,734 |
| Median home value | $216,800 (±$8,338) | $245,500 (±$4,889) | $359,000 (±$930) | $332,700 |
| Median real estate taxes (a year) | $1,008 (±$168) | $1,430 (±$44) | $2,730 (±$10) | $3,119 |
| Built before 1980 | 31.0% (±7.0 points) | 25.1% (±1.4 points) | 33.9% (±0.2 points) | 49.7% |
| Average commute | 31.0 minutes (±4.2) | 27.8 minutes (±1.2) | 28.0 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 90.5% (±3.6 points) | 90.9% (±0.8 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 46.5 years (±9.0) | 56.9 years (±0.3) | 42.6 years (±0.1) | 38.9 years |
Inverness Highlands South covers 5.6 square miles of land, about 1,329 residents per square mile (Census Bureau Gazetteer).
How Inverness Highlands South has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 6,441 (±497) | 7,449 (±846) | +15.6% | Measurable increase |
| Housing units | 3,267 (±218) | 3,425 (±310) | +4.8% | Not a measurable change |
| Median gross rent | $954 (±$82) | $1,289 (±$244) | +35.1% | No measurable change after inflation |
| Median home value | $111,800 (±$7,918) | $216,800 (±$8,338) | +93.9% | Up after inflation |
| Median household income | $42,863 (±$9,576) | $60,750 (±$9,456) | +41.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $827 (±$54) | $1,173 (±$96) | +41.8% | Up after inflation |
| Median real estate taxes | $684 (±$97) | $1,008 (±$168) | +47.4% | No measurable change after inflation |
| Households that rent | 16.0% (±4.5 points) | 11.0% (±4.4 points) | −5.0 percentage points | Not a measurable change |
| Rental vacancy rate | 10.9% (±14.4 points) | 7.2% (±9.2 points) | −3.7 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Places near Inverness Highlands South
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Inverness | 3.0 mi | $975 | $203,000 | 29.0% |
| Inverness Highlands North | 5.0 mi | $2,557 | $212,700 | 18.5% |
| Floral City | 6.8 mi | $617 | $232,000 | 8.1% |
| Citrus Hills | 8.2 mi | $1,527 | $436,600 | 8.1% |
| Lecanto | 10.0 mi | $1,304 | $316,900 | 6.9% |
| Beverly Hills | 11 mi | $1,199 | $164,500 | 31.1% |
| Sugarmill Woods | 11 mi | $1,276 | $332,600 | 3.6% |
| Hernando | 11 mi | $964 | $209,700 | 15.0% |
Places in Florida most like Inverness Highlands South
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Nassau Village-Ratliff | $1,398 | $253,000 | $62,417 | 14.0% |
| East Milton | $1,157 | $212,900 | $64,904 | 14.2% |
| Citrus Springs | $1,324 | $240,000 | $68,011 | 13.7% |
| Lakewood Park | $1,206 | $268,400 | $64,023 | 14.6% |
| North Fort Myers | $1,255 | $161,800 | $56,261 | 14.3% |
| Lecanto | $1,304 | $316,900 | $56,215 | 6.9% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Florida.
HUD Fair Market Rent for Inverness Highlands South, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $985 | $988 | $1,194 | $1,653 | $1,993 |
HUD income limits for Inverness Highlands South, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $16,800 | $27,950 | $44,700 |
| 2 people | $21,640 | $31,950 | $51,100 |
| 3 people | $27,320 | $35,950 | $57,500 |
| 4 people | $33,000 | $39,900 | $63,850 |
| 5 people | $38,680 | $43,100 | $69,000 |
| 6 people | $44,360 | $46,300 | $74,100 |
| 7 people | $49,500 | $49,500 | $79,200 |
| 8 people | $52,700 | $52,700 | $84,300 |
These are the limits HUD sets for its housing programs in the Homosassa Springs, FL MSA, where HUD’s median family income for fiscal year 2026 is $81,400.
A program can use its own limits; tax-credit and local programs often do.
Inverness Highlands South is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Inverness Highlands South
What is the average rent in Inverness Highlands South, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Inverness Highlands South is $1,289 (±$244) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a two-bedroom apartment in Inverness Highlands South?
The median gross rent for a two-bedroom home in Inverness Highlands South, FL is $1,071 (±$132) a month (2020–2024 American Community Survey).
Are renters in Inverness Highlands South rent-burdened?
62.4% of renting households in Inverness Highlands South pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Inverness Highlands South?
Inverness Highlands South has an estimated 346 (±141) renting households, 11.0% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Inverness Highlands South?
The median household income in Inverness Highlands South is $60,750 (±$9,456) a year (2020–2024 American Community Survey).
What is the average home value in Inverness Highlands South, FL?
The Census Bureau publishes the median: $216,800 (±$8,338) for owner-occupied homes in Inverness Highlands South (2020–2024 American Community Survey).
Is Inverness Highlands South growing?
In Inverness Highlands South, the number of residents went from 6,441 in 2015–2019 to 7,449 in 2020–2024 (+15.6%), a measurable increase.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Inverness Highlands South CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Inverness Highlands South CDP, Florida
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Inverness Highlands South CDP, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Inverness Highlands South CDP, Florida
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Inverness Highlands South CDP, Florida
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Inverness Highlands South CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Inverness Highlands South CDP, Florida
- HUD Fair Market Rents, fiscal year 2027: Homosassa Springs, FL MSA
- HUD Income Limits, fiscal year 2026: Homosassa Springs, FL MSA
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Inverness Highlands South CDP, Florida (place:33966, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .