Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Inverness, IL Population, Income & Demographics 2026

CSAChicago-Naperville MSAChicago-Naperville-Elgin#17/303 Income

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Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

7,275

Median Agei

56.4

Race & Ethnicityi

White

76.4%5,555

Asian

20%1,458

Two or More

1.6%115

Hispanic/Latino

0.7%48

Black

0.7%48

Other

0.6%45

American Indian/Alaska Native

0.1%6

Educational Attainment (Age 25+)i

GED/Alternative

1%54

High School Diploma

6.7%368

Some College (<1 yr)

3.1%171

Some College (1+ yr)

11.5%632

Associate's Degree

6.5%359

Bachelor's Degree

38.9%2,143

Master's Degree

20.8%1,148

Professional Degree

6.7%369

Doctorate

2%112

HS or Higher

97.2%

BA or Higher

68.5%

Graduate+

29.6%

Housingi

Median Home Valuei

$715,600

Median Renti

—

Tenure

Owner-Occupied

98.2%2,635

Renter-Occupied

1.8%47

Total Units

3,020

Homeownership

98.2%

Vacancy Rate

11.2%

Home Values

Under $50K

0.7%19

$50K–$100K

1.2%32

$100K–$150K

0.8%21

$200K–$300K

1.8%48

$300K–$500K

19.7%518

$500K–$1M

54%1,423

$1M+

21.8%574

Rent Distribution

$750–$1,000

$2,000+

Year Built

2020 or later

0.5%15

2010–2019

4.2%128

2000–2009

16.1%486

1990–1999

10.1%304

1980–1989

29.5%892

1970–1979

13.7%414

1960–1969

10.3%311

1950–1959

7.7%233

1940–1949

4.6%138

1939 or earlier

3.3%99

Heating Fuel

Utility Gas

89.2%2,393

Electricity

10.4%280

Bottled/LP Gas

0.3%9

Economyi

Median Household Incomei

$207,434

Mean Household Incomei

$262,615

Per Capita Incomei

$96,936

Poverty Ratei

2.5%

Unemploymenti

3.3%

Labor Forcei

3,324

Household Income Distribution

Under $10K

1.2%32

$10K–$15K

1.1%30

$15K–$20K

0.8%22

$25K–$30K

0.6%16

$30K–$35K

1.9%50

$35K–$40K

0.6%17

$40K–$45K

1.1%30

$45K–$50K

1.2%32

$50K–$60K

1.2%31

$60K–$75K

3.7%99

$75K–$100K

10.9%293

$100K–$125K

2.5%66

$125K–$150K

8.7%234

$150K–$200K

11.7%314

$200K+

52.8%1,416

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

Residentsi

Avg. Tenant Renti

$458/mo

Programs in this community

Project Based Section 874 homes89% occupied$458/mo rent

Privately owned apartments with rent subsidies tied to the building

Household Incomei

Based on area median of $207,434/yr

Extremely low incomeUnder $62K/yr

84%

Very low income$62K–$104K/yr

13%

Low income$104K–$166K/yr

Who Receives This Housing

34% of subsidized households are headed by a single mother

9% of subsidized households are minority

98% of subsidized households include someone with a disability

38% of subsidized households include a senior (62+)

Commute & Transportationi

Workersi

3,147

Avg. Commutei

26.1 min

How People Get to Work

Travel Time to Work

Workforce

Total Employed

3,214

Occupations

Industries

Social Characteristicsi

Marital Status (15+)i

Veteransi

190(3.2% of civilian adults)