HomeFloridaCitrus CountyInverness
Inverness, Florida: commercial real estate data.
Inverness is a Census city of 7,770 people across 8.05 square miles of land, in Citrus County. Median household income is $43,523, 71.0 percent of occupied homes are owned, and the SBA record carries 20 7(a) approvals to borrowers here worth $11.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Inverness
What Inverness is
- Census place typecity
- Land area8.05 sq mi
- Water area0.33 sq mi
- Population per square mile of land966
- County holding the largest share of its areaCitrus County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Inverness
How many people live in Inverness
- Population7,770
- Median age59.3
- Population under 18909 plus or minus 265
- Share under 1811.7 percent plus or minus 3.4
- Population 65 and over3,281
- Share 65 and over42.2 percent
- Households4,059
- Family households1,660
- Share of households that are families40.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Inverness
Income and work in Inverness
- Median household income$43,523
- Per capita income$35,168
- Civilian labor force3,287
- Employed3,094
- Unemployed193 plus or minus 105
- Unemployment rate5.9 percent plus or minus 3.1
- Adults 25 and over6,513
- Adults 25 and over with a high school diploma or higher92.6 percent
- Adults 25 and over with a bachelor degree or higher19.9 percent plus or minus 4.7
- Adults 25 and over with a graduate degree5.4 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Inverness
Housing in Inverness
- Housing units4,638
- Occupied units4,059
- Vacant units579 plus or minus 212
- Vacancy rate12.5 percent plus or minus 4.5
- Owner occupied2,880
- Renter occupied1,179 plus or minus 250
- Ownership rate71.0 percent
- Median owner-occupied home value$203,000
- Median gross rent, monthly$975
- Annual rent as a share of median income26.9 percent
- Single family units3,193
- Share single family68.8 percent
- Units in buildings of two or more1,227 plus or minus 337
- Share in buildings of two or more26.5 percent plus or minus 7.0
- Mobile homes218 plus or minus 115
- Median year structure built1987
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Inverness
How Inverness gets to work
- Workers 16 and over who commute2,820
- Commuting under 15 minutes1,287 plus or minus 336
- Share commuting under 15 minutes45.6 percent plus or minus 10.5
- Commuting 30 minutes or more921 plus or minus 280
- Share commuting 30 minutes or more32.7 percent plus or minus 9.1
- Drove alone74.0 percent
- Carpooled11.9 percent plus or minus 5.7
- Public transport0.0 percent
- Walked2.1 percent plus or minus 1.7
- Worked from home8.4 percent plus or minus 5.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Inverness
SBA loans in Inverness (7(a))
- Approvals20
- Gross approval$11,523,400
- Average approval$576,170
- Median approval$400,000
- Ninetieth percentile approval$1,513,400
- Largest approval$2,035,000
- Jobs supported306
- Jobs per approval15.3
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more25.0 percent
- Share to franchises25.0 percent
- Distinct lenders15
- Distinct industries by NAICS15
Counted by borrower city: approvals to borrowers whose address is in Inverness, in any county, FY2020 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Inverness
SBA loans in Inverness (504)
- Approvals15
- Gross approval$6,216,000
- Average approval$414,400
- Median approval$194,000
- Largest approval$2,203,000
- Jobs supported104
- Loans with a final outcome7
- Charged off2
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Inverness, in any county, FY2010 to FY2026. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Inverness
Flood risk in Inverness
- NFIP communityCity of Inverness
- NFIP community number120348
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/26/14
The City of Inverness participates in the National Flood Insurance Program as community 120348 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Citrus County, not Inverness
Citrus County context, not Inverness figures
- Establishments in Citrus County3,063
- Covered employment, Citrus County34,702
- Average annual pay, Citrus County$48,953
- Housing units permitted, Citrus County2,443
Every figure in this section is published for Citrus County as a whole and is not a measurement of Inverness.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Inverness questions, answered from the record.
How many people live in Inverness, Florida?
7,770, in 4,059 households. Inverness city covers 8.05 square miles of land, which is 966 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Inverness in?
Citrus County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Inverness?
$43,523. The median owner-occupied home is valued at $203,000. Median gross rent is $975 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Inverness businesses?
20 7(a) approvals totaling $11.5 m since FY2020, across 15 lenders, median approval $400,000, plus 15 504 approvals worth $6.2 m since FY2010. These count approvals to borrowers whose address is in Inverness, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Inverness borrowers get paid back?
No rate is published for Inverness. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Inverness in the National Flood Insurance Program?
Yes. Inverness appears in the FEMA Community Status Book as Inverness, city of, community 120348, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Inverness figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Citrus County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Inverness.
Is zoning published for Inverness?
No. Nothing on this page presents parcel level zoning.