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Inverness, Florida Economy Profile

Official State Website URL- http://www.myflorida.com

QuickFacts


 Inverness, Florida United States
StateFlorida
CityInverness
Total population6,789 281,421,906
Male2,941138,053,563
Female3,848143,368,343
Median age (years)54.635.3
Total households3,190105,480,101
Median household income (dollars)26,60441,994

Inverness, Florida Economy

According to the statistics on employment by occupation in Inverness, Florida, 26.97% of workers provide educational, health and social services. Fourteen point two four percent of people provide Arts, entertainment, recreation, accommodation and food services in Inverness, Florida. The percentage of people involved into professional, scientific, management, administrative, and waste management services in Inverness, Florida is as follows: 9.58%.

In Inverness, Florida government workers account for 15.15% of workers. 77.37% of workers comprise private wage and salary workers. Median household income in Inverness, Florida is equal to $26,604 while median family income is thirty-five thousand, three hundred and forty-two dollars. The earnings of male full-time, year-round workers, in Inverness, Florida are $27,255. The amount of earnings of female full-time, year-round workers reaches $21,052.

zero of families in Inverness, Florida are below poverty line (total population in Inverness, Florida is 6,789). There are eighty-five families with female householder, no husband present. The median age of a Inverness, Florida resident is 54.6 years old.

 Inverness, Florida %, Inverness, Florida United States
Population 16 years and over5,750  217,168,077
In labor force2,224 38.68%63.92%
- Civilian labor force2,224 38.68%63.39%
- - Employed2,099 36.5%59.73%
- - Unemployed125 2.17%3.66%
- - - Percent of civilian labor force5.6  5.8
- Armed Forces0  0.53%
Not in labor force3,526 61.32%36.08%
 
Females 16 years and over3,386 58.89%51.66%
In labor force1,252 21.77%29.72%
- Civilian labor force1,252 21.77%29.65%
- - Employed1,187 20.64%27.92%
 
Own children under 6 years321 5.58%10.05%
All parents in family in labor force230  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over2,022  128,279,228
Car, truck, or van -- drove alone1,490 73.69%75.7%
Car, truck, or van -- carpooled277 13.7%12.19%
Public transportation (including taxicab)44 2.18%4.73%
Walked129 6.38%2.93%
Other means8 0.4%1.19%
Worked at home74 3.66%3.26%
Mean travel time to work (minutes)25.6 1.27%25.5
 
Employed civilian population 16 years and over2,099  129,721,512
 
OCCUPATION
Management, professional, and related occupations567 27.01%33.65%
Service occupations499 23.77%14.86%
Sales and office occupations566 26.97%26.69%
Farming, fishing, and forestry occupations15 0.71%0.73%
Construction, extraction, and maintenance occupations225 10.72%9.45%
Production, transportation, and material moving occupations227 10.81%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining25 1.19%1.87%
Construction101 4.81%6.78%
Manufacturing40 1.91%14.1%
Wholesale trade25 1.19%3.6%
Retail trade271 12.91%11.73%
Transportation and warehousing, and utilities86 4.1%5.2%
Information65 3.1%3.08%
Finance, insurance, real estate, and rental and leasing178 8.48%6.89%
Professional, scientific, management, administrative, and waste management services201 9.58%9.3%
Educational, health and social services566 26.97%19.92%
Arts, entertainment, recreation, accommodation and food services299 14.24%7.87%
Other services (except public administration)148 7.05%4.87%
Public administration94 4.48%4.79%
 
CLASS OF WORKER
Private wage and salary workers1,624 77.37%78.47%
Government workers318 15.15%14.59%
Self-employed workers in own not incorporated business157 7.48%6.63%
Unpaid family workers0  0.31%
 Inverness, Florida %, Inverness, Florida United States
INCOME IN 1999
Households3,167  105,539,122
Less than $10,000421 13.29%9.54%
$10,000 to $14,999402 12.69%6.31%
$15,000 to $24,999645 20.37%12.83%
$25,000 to $34,999529 16.7%12.81%
$35,000 to $49,999588 18.57%16.53%
$50,000 to $74,999305 9.63%19.46%
$75,000 to $99,999159 5.02%10.23%
$100,000 to $149,99955 1.74%7.72%
$150,000 to $199,99927 0.85%2.2%
$200,000 or more36 1.14%2.37%
Median household income (dollars)26,604  41,994
With earnings1,650 28.7%39.12%
- Mean earnings (dollars)35,598  56,604
With Social Security income1,775 30.87%12.47%
- Mean Social Security income (dollars)12,086  11,320
With Supplemental Security Income193 3.36%2.13%
- Mean Supplemental Security Income (dollars)5,411  6,320
With public assistance income101 1.76%1.67%
- Mean public assistance income (dollars)2,556  3,032
With retirement income944 16.42%8.13%
- Mean retirement income (dollars)13,200  17,376
 
Families1,857  72,261,780
Less than $10,000122 6.57%5.75%
$10,000 to $14,999100 5.39%4.31%
$15,000 to $24,999322 17.34%10.74%
$25,000 to $34,999364 19.6%12.02%
$35,000 to $49,999484 26.06%17.13%
$50,000 to $74,999264 14.22%22.32%
$75,000 to $99,999108 5.82%12.47%
$100,000 to $149,99930 1.62%9.6%
$150,000 to $199,99927 1.45%2.75%
$200,000 or more36 1.94%2.92%
Median family income (dollars)35,342  50,046
 
Per capita income (dollars)17,211  21,587
Median earnings (dollars):
Male full-time, year-round workers27,255  37,057
Female full-time, year-round workers21,052  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families178  6,620,945
With related children under 18 years145 81.46%77.87%
- With related children under 5 years36 20.22%38.7%
 
Families with female householder, no husband present85  3,315,916
With related children under 18 years76 89.41%88.68%
- With related children under 5 years27 31.76%42.27%
 
Individuals953  33,899,812
18 years and over655 68.73%65.35%
- 65 years and over192 20.15%9.7%
Related children under 18 years298 31.27%33.59%
- Related children 5 to 17 years246 25.81%23.52%
Unrelated individuals 15 years and over413 43.34%31.63%
View more about Inverness, Florida: population  |   housing  |   education  |   economy  |   neighborhood


The data is taken from www.census.gov reports.