HomeIllinoisCook CountyInverness village
Inverness village, Illinois: commercial real estate data.
Inverness village is a Census village of 7,275 people across 6.53 square miles of land, in Cook County. Median household income is $207,434, 98.2 percent of occupied homes are owned, and the SBA record carries 8 7(a) approvals to borrowers here worth $2.4 m.
78 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Inverness
What Inverness is
- Census place typevillage
- Land area6.53 sq mi
- Water area0.16 sq mi
- Population per square mile of land1,113
- County holding the largest share of its areaCook 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
- Population7,275
- Median age56.4
- Population under 181,388
- Share under 1819.1 percent
- Population 65 and over2,318
- Share 65 and over31.9 percent
- Households2,682
- Family households2,153
- Share of households that are families80.3 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$207,434
- Per capita income$96,936
- Civilian labor force3,324
- Employed3,214
- Unemployed110 plus or minus 89
- Unemployment rate3.3 percent plus or minus 2.6
- Adults 25 and over5,509
- Adults 25 and over with a high school diploma or higher97.2 percent
- Adults 25 and over with a bachelor degree or higher68.5 percent
- Adults 25 and over with a graduate degree29.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Inverness
Housing in Inverness
- Housing units3,020
- Occupied units2,682
- Vacant units338 plus or minus 202
- Vacancy rate11.2 percent plus or minus 6.6
- Owner occupied2,635
- Renter occupied47 plus or minus 52
- Ownership rate98.2 percent
- Median owner-occupied home value$715,600
- Single family units2,960
- Share single family98.0 percent
- Units in buildings of two or more60 plus or minus 88
- Share in buildings of two or more2.0 percent plus or minus 2.9
- Mobile homes0
- Median year structure built1984
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 commute2,219 plus or minus 545
- Commuting under 15 minutes353 plus or minus 122
- Share commuting under 15 minutes15.9 percent plus or minus 3.9
- Commuting 30 minutes or more778 plus or minus 204
- Share commuting 30 minutes or more35.1 percent
- Drove alone62.9 percent plus or minus 14.0
- Carpooled1.3 percent plus or minus 1.4
- Public transport3.4 percent plus or minus 1.9
- Walked0.0 percent
- Worked from home29.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Inverness
SBA loans in Inverness (7(a))
- Approvals8
- Gross approval$2,403,900
- Average approval$300,488
- Median approval$215,100
- Ninetieth percentile approval$1,172,000
- Largest approval$1,172,000
- Jobs supported93
- Jobs per approval11.6
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more12.5 percent
- Share to franchises0.0 percent
- Distinct lenders5
- Distinct industries by NAICS6
A charge-off rate is not published here. only 4 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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)
- Approvals1
- Gross approval$224,000
- Average approval$224,000
- Median approval$224,000
- Largest approval$224,000
- Jobs supported4
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Inverness
Flood risk in Inverness
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170111
- Currently effective map date01/23/26
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Cook County, not Inverness
Cook County context, not Inverness figures
These are Cook County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Inverness measurements.
- Establishments in Cook County134,513
- Employment at those establishments, Cook County2,492,328
- Covered employment, Cook County2,565,567
- Average annual pay, Cook County$86,931
- Average weekly wage, Cook County$1,672
- Housing units permitted, Cook County6,507
- Of those, single family, Cook County1,142
- County product, 2024, Cook County$546,440,623,000
- County product change over the prior year, Cook County4.6 percent
- Average income of an arriving household, Cook County$91,691
Every figure in this section is published for Cook County as a whole and is not a measurement of Inverness. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No median gross rent is published for this place.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Inverness questions, answered from the record.
How many people live in Inverness, Illinois?
7,275, in 2,682 households. Inverness village covers 6.53 square miles of land, which is 1,113 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?
Cook 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?
$207,434. The median owner-occupied home is valued at $715,600. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Inverness businesses?
8 7(a) approvals totalling $2.4 m, across 5 lenders, median approval $215,100, plus 1 504 approvals worth $224,000. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Inverness in the National Flood Insurance Program?
Yes. Inverness appears in the FEMA Community Status Book as community 170111, 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 labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cook 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.