Inverness, FL is a small but thriving city located in Citrus County, with an approximate population of 8,000 people. It is known for its excellent schools, strong economy and large variety of local businesses. For those looking to rent in the area, a two bedroom goes for around $850 per month. Grocery costs here are slightly higher than the US average, at 102 compared to 100. Local companies and businesses based in Inverness include Citrus Wealth Management Group, Central Florida Community College and Fisher’s Auto Repair. Additionally, there are several restaurants located throughout the city such as Big Shane’s BBQ and Chompers Bar & Grill. Whatever you need, you can find it in Inverness!
Inverness (zip 34450) has an unemployment rate of 6.4%. The US average is 6.0%.
Inverness (zip 34450) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.
Tax Rates for Inverness (zip 34450)
- The Sales Tax Rate for Inverness (zip 34450) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Inverness (zip 34450) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Inverness (zip 34450)
- The average income of a Inverness (zip 34450) resident is $33,574 a year. The US average is $37,638 a year.
- The Median household income of a Inverness (zip 34450) resident is $39,774 a year. The US average is $69,021 a year.