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Real Estate Prices & Overview

Inverness South median real estate price is $317,741, which is less expensive than 70.9% of Florida neighborhoods and 56.4% of all U.S. neighborhoods.

The average rental price in Inverness South is currently $1,866, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.9% of Florida neighborhoods.

Inverness South is a rural neighborhood (based on population density) located in Inverness, Florida.

Inverness South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Inverness South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 9.6% in Inverness South. NeighborhoodScout analysis shows that this rate is lower than 40.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Inverness, the Inverness South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

There is an especially high percentage of incarcerated people (0.8%) living in the Inverness South neighborhood.

Diversity

Did you know that the Inverness South neighborhood has more Eastern European and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Eastern European ancestry and 3.6% have Cuban ancestry.

Inverness South is also pretty special linguistically. Significantly, 8.8% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 97.3% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Inverness South neighborhood in Inverness are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.9% of the neighborhoods in America. In addition, 9.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 52.5% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Inverness South neighborhood, 33.2% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 32.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (26.0%), and 12.1% in government jobs, whether they are in local, state, or federal positions.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Inverness South neighborhood is English, spoken by 93.9% of households. Other important languages spoken here include Italian and Spanish.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Inverness South neighborhood in Inverness, FL, residents most commonly identify their ethnicity or ancestry as German (13.9%). There are also a number of people of English ancestry (13.6%), and residents who report Italian roots (11.7%), and some of the residents are also of Irish ancestry (11.0%), along with some Scottish ancestry residents (3.9%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Inverness South neighborhood spend between 30 and 45 minutes commuting one-way to work (28.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (79.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (12.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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