Median Income
$34,815
household / year
Median Home Value
$109,800
owner-occupied
Median Rent
$971
gross / month
Cost of Living
96
national avg = 100

Is Inwood, FL a Good Place to Live?

Inwood is a small town of 7,054 in Florida, with a median household income of $34,815 and a 7.0% unemployment rate. Its cost of living index is 96 (US average = 100), which is 4% below the national average.

Strengths: Inwood stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Inwood is right for you depends on your priorities — the full breakdown is below.

All Inwood city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 95.8

Inwood's overall cost of living index is 95.8, where 100 represents the US national average. Living in Inwood costs roughly 4% less than the average American city.

Metric Inwood, FL National Avg
Median Home Value $109,800 $244,900
Median Monthly Rent $971 $1,163
Homeownership Rate 66.1% 65.9%
Median Household Income $34,815 $74,755

Crime & Safety

Very Safe

Inwood's violent crime rate is 56.0 per 100,000 residents — 85% lower than the national average of ~380 per 100,000.

Violent Crime
56.0 /100k
Property Crime
346.9 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Inwood, FL National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 7.6% 35.4%
High School Diploma or Higher 79.7% 91.1%

Weather & Climate

Inwood sees average highs of 72.5°F in January and 92.9°F in July, with 46.1 inches of annual precipitation .

MetricInwood, FL
Average High — January72.5°F
Average High — July92.9°F
Annual Precipitation46.1"
Annual SnowfallTrace / None

Demographics

MetricInwood, FLNational Avg
Population7,054—
Median Age34.238.9
Unemployment Rate7.0%3.7%
Avg Commute Time28.7 min26 min
White (non-Hispanic)41.7%59.3%
Black or African American31.0%13.6%
Hispanic or Latino23.2%18.9%
Asian0.5%6.3%
Under 1826.8%22.2%
65 and over10.4%16.8%

Nearby Cities

Winter Haven, FL 2 mi Jan Phyl Village, FL 2 mi Eagle Lake, FL 4 mi Lake Alfred, FL 5 mi Auburndale, FL 5 mi

Inwood vs Other Cities

Inwood, FL vs Winter Haven, FL Inwood, FL vs Jan Phyl Village, FL Inwood, FL vs Eagle Lake, FL Inwood, FL vs Lake Alfred, FL Inwood, FL vs Auburndale, FL

Frequently Asked Questions

Inwood's cost of living index is 96, where 100 is the national average. That makes Inwood roughly 4% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $109,800 and median rent is $971/month.
Inwood's violent crime rate is 56.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 346.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Inwood, FL has a population of 7,054, a median household income of $34,815, and an unemployment rate of 7.0%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Inwood averages 72.5°F in January and 92.9°F in July. Annual rainfall is 46.1 inches . Based on NOAA 30-year climate normals (1991–2020).
The population of Inwood, Florida is 7,054 with a median age of 34.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Inwood: cost of living index 96 (100 = US average), median home $109,800, median household income $34,815, crime index 15 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Inwood side by side with your current city to see the trade-offs.