Living in Inwood, Florida
Cost of living, income, home prices, rent and demographics of Inwood · Census data 2020–2024
Inwood has 7,556 residents with a median age of 36.3. The median household income is $55,540 (26% lower than the Florida median), the median home value is $142,300, the median rent is $1,230/month.
Inwood at a glance
- Population
- 7,556
- Median age
- 36.3State: 42.6
- Median household income
- $55,540State: $74,568
- Median home value
- $142,300State: $359,000
- Median rent
- $1,230/moState: $1,669
- Homeowners
- 68.6%
- Bachelor's degree or higher
- 7.1%
- Average commute
- 39 min
Is Inwood a good place to live?
Pros: Home values 60% lower than the state median.
Cons: Median household income 26% lower than the Florida median; an average commute of 39 minutes; unemployment of 6.5%; a poverty rate of 20.3%.
The weather is best in February–March and November–December.
Cost of living in Inwood
Housing is the biggest part of the cost of living. In Inwood the median home value is $142,300, 57% lower than the U.S. median. Renters pay a median of $1,230 per month, which is 32% of household income. Homeowners with a mortgage pay $1,516 a month in housing costs.
Inwood median household income
The median household income in Inwood is $55,540 and the income per person is $24,536. 20.3% of residents live below the poverty line (Florida: 12.6%).
Housing in Inwood: homes for sale and rent
- Housing units
- 3,175
- Owner-occupied
- 68.6%
- Renter-occupied
- 31.4%
- Vacant
- 15%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.80
Inwood demographics
- Population
- 7,556
- Median age
- 36.3
- Under 18
- 26.4%
- 65 and older
- 14.9%
- Households
- 2,698
- Foreign-born
- 17.4%
- Veterans
- 6.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Inwood ›
Education in Inwood
7.1% of adults 25 and older in Inwood have a bachelor's degree or higher (Florida: 34.1%), and 1.5% have a graduate or professional degree.
Jobs and commute in Inwood
- Unemployment rate
- 6.5%State: 4.8%
- Average commute
- 39 minState: 28 min
- Work from home
- 18.6%
- Drive alone
- 76.8%
- Public transit
- 0%
- Walk to work
- 0.2%
- Homes with broadband
- 87%
Inwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Inwood | 7,556 | $55,540 | $142,300 | $1,230 |
| Winter Haven | 55,200 | $59,648 | $269,800 | $1,246 |
| Jan Phyl Village | 5,708 | $53,571 | $258,600 | $1,210 |
| Eagle Lake | 3,893 | $70,523 | $256,300 | $1,688 |
| Auburndale | 18,530 | $77,911 | $296,200 | $1,208 |
| Cypress Gardens | 10,077 | $75,483 | $287,100 | $1,369 |
| Fussels Corner | 5,682 | $56,091 | $92,100 | $937 |
| Wahneta | 3,876 | $46,598 | $97,500 | $1,113 |
| Lake Alfred | 7,277 | $67,202 | $239,900 | $1,349 |
More for people moving to Inwood
Inwood ZIP code ›Weather and climate ›Living in Inwood: FAQ
What is the median household income in Inwood, FL?
The median household income in Inwood is $55,540, 26% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Inwood?
The median home value in Inwood is $142,300, compared with $359,000 in Florida.
How much is rent in Inwood?
The median gross rent in Inwood is $1,230 per month, about 32% of household income.
Is Inwood, FL a good place to live?
Pluses: home values 60% lower than the state median. Minuses: median household income 26% lower than the Florida median; an average commute of 39 minutes; unemployment of 6.5%; a poverty rate of 20.3%.
What is the median age in Inwood?
The median age in Inwood is 36.3 years (Florida: 42.6).
How long is the commute in Inwood?
The average commute to work in Inwood is 39 minutes; 18.6% of workers work from home.
What is the unemployment rate in Inwood?
The unemployment rate in Inwood is 6.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Inwood?
7.1% of adults in Inwood have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: