Housing data for Inverness, IL
Inverness, IL has an estimated 7,275 residents and 3,020 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a village in Cook County.
1.8% of households rent.
Figures last updated on .
- Residents
- 7,275 (±638)
- Housing units
- 3,020 (±351)
- Households that rent
- 1.8%
- Residents since 2015–2019
- −4.7%
What stands out in Inverness
Median household income: $207,434 (±$31,528) in Inverness, higher than in Cook County ($83,498).
Median home value: $715,600 (±$54,848) in Inverness, higher than in Cook County ($324,500).
Households that rent: 1.8% (±1.9 points) in Inverness, lower than in Cook County (42.3%).
Households without a vehicle: 0.0% (±1.4 points) in Inverness, lower than in Cook County (18.0%).
Housing in Inverness at a glance
- Rent burden: 0.0% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 1.8% of households rent (Small sample: wide margin of error)
- Income and affordability: $207,434 median household income
- Home values: $715,600 median home value
- Homeowner costs: $4,000 or more median monthly cost with a mortgage
- Property taxes: $10,000 or more median real estate taxes a year
- Types of homes: 0.2% of homes are in buildings of 5 or more units
- Bedrooms: 90.8% of homes have 3 or more bedrooms
- Age of homes: 39.6% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 89.2% heat with utility gas
- Commute and cars: 26.1 minutes average trip to work
- Crime reported to police: 14 violent crimes per 100,000 residents
- Growth: −4.7% residents since 2015–2019
- How long people stay: 14.8% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room
- Fair Market Rent: $2,130 Small Area FMR, 2 bedrooms (ZIP 60067)
Inverness against Cook County, its state and the nation
| Inverness | Cook County | Illinois | United States | |
|---|---|---|---|---|
| Residents | 7,275 (±638) | 5,182,090 (exact) | 12,694,798 (exact) | 334,922,499 |
| Housing units | 3,020 (±351) | 2,276,493 (±389) | 5,457,452 (±471) | 143,775,355 |
| Households that rent | 1.8% (±1.9 points) | 42.3% (±0.3 points) | 32.9% (±0.2 points) | 34.8% |
| Median gross rent | — | $1,435 (±$7) | $1,274 (±$5) | $1,413 |
| Median household income | $207,434 (±$31,528) | $83,498 (±$630) | $83,390 (±$362) | $80,734 |
| Median home value | $715,600 (±$54,848) | $324,500 (±$1,460) | $263,300 (±$797) | $332,700 |
| Median real estate taxes (a year) | $10,000 or more | $6,191 (±$30) | $5,298 (±$22) | $3,119 |
| Built before 1980 | 39.6% (±8.0 points) | 73.3% (±0.4 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 26.1 minutes (±3.6) | 31.5 minutes (±0.2) | 27.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 98.7% (±1.7 points) | 90.6% (±0.2 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 56.4 years (±3.1) | 38.0 years (±0.1) | 39.0 years (±0.1) | 38.9 years |
Inverness covers 6.5 square miles of land, about 1,113 residents per square mile (Census Bureau Gazetteer).
How Inverness has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 7,633 (±422) | 7,275 (±638) | −4.7% | Not a measurable change |
| Housing units | 2,862 (±194) | 3,020 (±351) | +5.5% | Not a measurable change |
| Median home value | $628,700 (±$30,246) | $715,600 (±$54,848) | +13.8% | No measurable change after inflation |
| Median household income | $192,576 (±$19,432) | $207,434 (±$31,528) | +7.7% | No measurable change after inflation |
| Households that rent | 3.3% (±2.2 points) | 1.8% (±1.9 points) | −1.5 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±27.7 points) | 0.0% (±46.5 points) | 0.0 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.
Crime reported to police in Inverness
In 2025, the Inverness Police Department reported 14 violent and 284 property crimes per 100,000 residents to the FBI.
Across Cook County, the departments that report recorded 294 violent and 2,162 property crimes per 100,000 residents that year.
ZIP codes in Inverness
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 60067 | 27% | 38,204 | $1,609 | $426,600 | $125,446 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Inverness
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Palatine Township | 1.9 mi | $1,618 | $377,300 | 31.5% |
| Barrington | 2.9 mi | $1,500 | $582,500 | 21.6% |
| Palatine | 2.9 mi | $1,549 | $355,600 | 32.6% |
| South Barrington | 3.4 mi | $2,200 | $908,300 | 1.8% |
| Deer Park | 3.6 mi | $2,754 | $661,300 | 26.5% |
| Barrington Township | 4.0 mi | $2,323 | $696,100 | 14.1% |
| Hoffman Estates | 4.2 mi | $1,734 | $351,900 | 25.8% |
| Rolling Meadows | 4.8 mi | $1,607 | $326,200 | 28.2% |
HUD Fair Market Rent for Inverness, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,678 | $1,780 | $2,011 | $2,586 | $2,954 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Inverness, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $25,550 | $42,550 | $68,050 |
| 2 people | $29,200 | $48,600 | $77,800 |
| 3 people | $32,850 | $54,700 | $87,500 |
| 4 people | $36,450 | $60,750 | $97,200 |
| 5 people | $39,400 | $65,650 | $105,000 |
| 6 people | $44,360 | $70,500 | $112,800 |
| 7 people | $50,040 | $75,350 | $120,550 |
| 8 people | $55,720 | $80,200 | $128,350 |
These are the limits HUD sets for its housing programs in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $121,500.
A program can use its own limits; tax-credit and local programs often do.
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
What is the median household income in Inverness?
The median household income in Inverness is $207,434 (±$31,528) a year (2020–2024 American Community Survey).
What is the average home value in Inverness, IL?
The Census Bureau publishes the median: $715,600 (±$54,848) for owner-occupied homes in Inverness (2020–2024 American Community Survey).
What is the average mortgage payment in Inverness?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Inverness, IL is $4,000 or more a month, including taxes, insurance and utilities.
How much are property taxes in Inverness?
The median real estate tax paid by homeowners in Inverness, IL is $10,000 or more a year (2020–2024 American Community Survey).
How many homes are in Inverness?
Inverness, IL has an estimated 3,020 (±351) housing units, occupied and vacant (2020–2024 American Community Survey).
What is the most common home size in Inverness?
The most common size is 4 bedrooms, 49.0% of homes in Inverness, IL.
Is Inverness growing?
In Inverness, the number of residents went from 7,633 in 2015–2019 to 7,275 in 2020–2024 (−4.7%), not a measurable change.
What ZIP codes are in Inverness?
The ZIP code that covers Inverness is 60067.
What is the median rent in ZIP code 60067?
The median gross rent in ZIP Code Tabulation Area 60067 is $1,609 (±$84) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Inverness village, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Inverness village, Illinois
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Inverness village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Inverness village, Illinois
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Inverness village, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Inverness village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Inverness village, Illinois
- HUD Fair Market Rents, fiscal year 2027: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Inverness Police Department (ORI IL0165400)
- FBI: Uniform Crime Reporting statistics and their proper use
- 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 village, Illinois (place:37608, in state:17).
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 .