What is the median household income in Inverness, IL?

Name: Income and affordability in Inverness, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median household income in Inverness, IL is $207,434 (±$31,528) a year (2020–2024 American Community Survey).

In Inverness, the median household income went from $192,576 in 2015–2019 to $207,434 in 2020–2024 (+7.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median household income: $207,434 (±$31,528)

Income in Inverness against Cook County, its state and the nation

Income, estimate (90% margin of error)
	Inverness	Cook County	Illinois	United States
Median household income	$207,434 (±$31,528)	$83,498 (±$630)	$83,390 (±$362)	$80,734
Median renter household income	—	$55,388 (±$886)	$50,420 (±$471)	$52,966
Median owner household income	$207,981 (±$32,209)	$108,804 (±$833)	$103,505 (±$377)	$100,009
Median gross rent	—	$1,435 (±$7)	$1,274 (±$5)	$1,413

In Inverness, median household income is higher than in Cook County ($83,498).

It is also higher than in Illinois ($83,390).

It is higher than the national figure ($80,734).

In Cook County, Inverness ranks 8 of 148 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 21 of 2,652.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median household income	$192,576 (±$19,432)	$207,434 (±$31,528)	+7.7%	No measurable change after inflation
Median home value	$628,700 (±$30,246)	$715,600 (±$54,848)	+13.8%	No measurable change after inflation

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.

Median household income in places near Inverness

Nearest places with a published estimate, compared with Inverness
Place	Distance	Median household income	Compared with this place
Inverness	—	$207,434 (±$31,528)	—
Palatine Township	1.9 mi	$104,916 (±$5,437)	Lower
Barrington	2.9 mi	$147,989 (±$21,058)	Lower
Palatine	2.9 mi	$97,819 (±$4,650)	Lower
South Barrington	3.4 mi	$221,575 (±$51,485)	Not measurably different
Deer Park	3.6 mi	$174,458 (±$38,238)	Not measurably different
Barrington Township	4.0 mi	$183,663 (±$11,790)	Not measurably different
Hoffman Estates	4.2 mi	$106,806 (±$7,715)	Lower
Rolling Meadows	4.8 mi	$98,514 (±$6,968)	Lower

Nearby places with a measurably lower figure: Palatine Township, IL ($104,916), Barrington, IL ($147,989), Palatine, IL ($97,819).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Cook County, place by place

Rank	Place	Median household income
1 (tie)	Winnetka	$250,000 or more
3	Glencoe	$248,933 (±$25,133)
4	Golf	$242,772 (±$34,054)
5	Western Springs	$230,255 (±$28,792)
6	South Barrington	$221,575 (±$51,485)
7	New Trier Township	$215,916 (±$13,959)
8	Inverness	$207,434 (±$31,528)
9	Barrington Hills	$205,074 (±$28,165)
10	Wilmette	$190,662 (±$19,517)
11	Barrington Township	$183,663 (±$11,790)
12	Northfield	$161,500 (±$46,653)
13	La Grange	$159,929 (±$16,644)
14	Northbrook	$157,782 (±$19,596)

Showing 13 of 148 places in Cook County, ranked from highest to lowest.

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).

Have incomes in Inverness kept up with inflation?

In Inverness, the median household income went from $192,576 in 2015–2019 to $207,434 in 2020–2024 (+7.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

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) and detailed tables (acs/acs5) 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 B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

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.