Living in Inverness, Mississippi
Cost of living, income, home prices, rent and demographics of Inverness · Census data 2020–2024
Inverness has 740 residents with a median age of 40.8. The median household income is $58,250 (3% higher than the Mississippi median), the median home value is $142,700, the median rent is $580/month.
Inverness is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Inverness at a glance
- Population
- 740
- Median age
- 40.8State: 38.6
- Median household income
- $58,250State: $56,447
- Median home value
- $142,700State: $169,800
- Median rent
- $580/moState: $954
- Homeowners
- 69.6%
- Bachelor's degree or higher
- 22.2%
- Average commute
- 22 min
Is Inverness a good place to live?
Pros: Median household income 3% higher than the Mississippi median; home values 16% lower than the state median; an average commute of 22 minutes; unemployment of 3.4%; a poverty rate of 18.1%.
The weather is best in April–May and September–October.
Cost of living in Inverness
Housing is the biggest part of the cost of living. In Inverness the median home value is $142,700, 57% lower than the U.S. median. Renters pay a median of $580 per month, which is 26.4% of household income. Homeowners with a mortgage pay $1,355 a month in housing costs.
Inverness median household income
The median household income in Inverness is $58,250 and the income per person is $32,160. 18.1% of residents live below the poverty line (Mississippi: 18.9%).
Housing in Inverness: homes for sale and rent
- Housing units
- 381
- Owner-occupied
- 69.6%
- Renter-occupied
- 30.4%
- Vacant
- 13.6%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.25
Inverness demographics
- Population
- 740
- Median age
- 40.8
- Under 18
- 23%
- 65 and older
- 13.9%
- Households
- 329
- Foreign-born
- 0%
- Veterans
- 4.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Inverness ›
Education in Inverness
22.2% of adults 25 and older in Inverness have a bachelor's degree or higher (Mississippi: 25.1%), and 4.7% have a graduate or professional degree.
Jobs and commute in Inverness
- Unemployment rate
- 3.4%State: 5.8%
- Average commute
- 22 minState: 26 min
- Work from home
- 1.1%
- Drive alone
- 87.2%
- Public transit
- 0%
- Walk to work
- 1.9%
- Homes with broadband
- 71.1%
Inverness vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Inverness | 740 | $58,250 | $142,700 | $580 |
| Isola | 861 | $37,981 | $88,600 | $641 |
| Indianola | 9,062 | $41,708 | $108,800 | $720 |
| Moorhead | 1,439 | $34,625 | $82,000 | $636 |
| Belzoni | 1,306 | $34,318 | $109,600 | $732 |
| Sunflower | 976 | $19,951 | $77,600 | $434 |
| Leland | 3,777 | $37,406 | $109,700 | $834 |
| Arcola | 204 | $27,875 | $87,000 | $483 |
| Mississippi Valley State University | 741 | $75,425 | — | $837 |
More for people moving to Inverness
Inverness ZIP code ›Weather and climate ›Living in Inverness: FAQ
What is the median household income in Inverness, MS?
The median household income in Inverness is $58,250, 3% higher than the Mississippi median of $56,447 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Inverness?
The median home value in Inverness is $142,700, compared with $169,800 in Mississippi.
How much is rent in Inverness?
The median gross rent in Inverness is $580 per month, about 26.4% of household income.
Is Inverness, MS a good place to live?
Pluses: median household income 3% higher than the Mississippi median; home values 16% lower than the state median; an average commute of 22 minutes; unemployment of 3.4%; a poverty rate of 18.1%.
What is the median age in Inverness?
The median age in Inverness is 40.8 years (Mississippi: 38.6).
How long is the commute in Inverness?
The average commute to work in Inverness is 22 minutes; 1.1% of workers work from home.
What is the unemployment rate in Inverness?
The unemployment rate in Inverness is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Inverness?
22.2% of adults in Inverness 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.
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