Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Inverness Highlands South, Florida is a smaller city with a population of 7,114 residents. At 97%, the majority of the Inverness Highlands South population is White; this is followed by 0% Black and 0% Asian. Inverness Highlands South is considered to be a city with an aging population. The average age of all residents is 52, which is well beyond the United States median age average. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Inverness Highlands South is the right fit for you, your one way commute time will average 25 minutes, which is about average when compared to the national commute time of 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a fulfilling experience if you are willing to get to know the town before actually living in Inverness Highlands South, Florida. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Inverness Highlands South and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Florida and national averages.
Using data and statistics Inverness Highlands South has received a livability score of 66/100. This score is ranked in the 67th percentile when compared to all other cities. If we consider each of the categories on their own, we see that Inverness Highlands South ranks well for cost of living (A+) and housing (A+). Inverness Highlands South does not rank well for the following: amenities (F) and education (F). It might be a smart idea to take a closer look at each category to find out why.
The unemployment rate in Inverness Highlands South has consistently declined over the years and currently stands well below the national average at 1.82%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Inverness Highlands South has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Inverness Highlands South is actually affordable. The median home price for Inverness Highlands South homes is $131,800, which is 21% lower than the Florida average. If we take a closer look at the affordability of homes in Inverness Highlands South, we’ll see that the home price to income ratio is 2.8, which is 17.6% lower than the Florida average.
Statistic | Inverness Highlands South | Florida | National |
Average one way commute | 25min | 27min | 26min |
Workers who drive to work | 85.5% | 79.5% | 76.4% |
Workers who carpool | 4.6% | 9.3% | 9.3% |
Workers who take public transit | 0.7% | 2.1% | 5.1% |
Workers who bicycle | 0.7% | 0.7% | 0.6% |
Workers who walk | 0.5% | 1.5% | 2.8% |
Working from home | 0.9% | 5.4% | 4.6% |