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Latest available · Census ACS 5-Year (2024)

What Is the Median Home Value in Inverness village, Illinois?

$715,600/home 1.6%vs 2023 ($704,100)

City · Census ACS 5-Year estimates

The median home value in Inverness village, Illinois is $715,600 (±$54,848), based on Census ACS 5-Year estimates (2024). The median gross rent is /month, and the median household income is $207,434/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Inverness village, Illinois

MetricValue
Median Home Value$715,600
Median Gross Rent
Median Household Income$207,434
Total Housing Units2,682
Renter-Occupied Units47
Renter-Occupied Share2%

How does Inverness village, Illinois compare?

Median home value ranked against all cities in Illinois.

Higher home value than 99% of cities in Illinois · 21th of 1372

Cheapest: Wamac city($20,100)
Priciest: Kenilworth village($1,560,300)
#CityValue
1Kenilworth village$1,560,300
2Glencoe village$1,432,500
3Winnetka village$1,337,800
… 17 more …
21Inverness village(you are here)$715,600
… 1348 more …
1370Wamac city$20,100
1371Maunie village$18,800
1372Oak Grove village$14,200

More data for Inverness village, Illinois

Frequently asked questions

What is the median home value in Inverness village, Illinois?

The median home value in Inverness village, Illinois is $715,600, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent in Inverness village, Illinois?

The median gross rent in Inverness village, Illinois is not available, based on Census ACS 5-Year estimates (2024).

What is the median household income in Inverness village, Illinois?

The median household income in Inverness village, Illinois is $207,434/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $715,600 has a margin of error of ±$54,848. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.