CitytisticsShortlist

Cost of living, pay and housing

28.04° N · 81.77° W · GEOID 1234000

Inwood

Polk County, Florida · part of the Lakeland, FL metro

FloridaInwood, FLInwoodInwood

The short answer

Inwood is home to 7,556 people. Median household income is $55,540 a year and median rent is $1,230 a month, 26.6% of income (a ratio of two medians, not any one household's burden). Rent pressure is moderate. The median home is valued at $142,300, about 2.6x annual median household income.

Inwood stands out on how people work. Counting remote workers as zero, the average worker spends about 245 hours a year commuting, more than in 95% of places its size. Also notable: Household income growth is 12.9% a year, against 6.5% a year in its closest peers.

4OF 100

CTXCitytistics Index

Weak

Inwood scores better than 4% of the 6,612 places we rate, and ranks 425th of 474 in Florida.

How the CTX is built

Category ratings · 0 to 100, typical place 50

Affordability 20%51
Economy 20%20
Safety 20%n/a
Amenities 15%32
Education 10%1
Commute 10%2
Growth 5%n/a

Not rated: safety, growth, for want of data (the city police department does not report a full year to the FBI). The other weights are spread over the categories rated.

Median gross rent
$1,230
10% below the median place
Median household income
$55,540
31% below the median place
Median home value
$142,300
55% below the median place
Unemployment
6.5%
34% above the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Inwood

  • Value for moneyHome values are about 24% lower than we would expect for a place with these incomes, education levels, housing age and household types in the same metro area. That can mean good value, or drawbacks these figures do not capture, such as crime, schools or location. Experimental
01

Moving to Inwood

Polk County gains about 29.9 residents per 1,000 a year to moves between counties.

Moved in57,661
Moved out39,105
Net+18,556

Where people come from and where they go, top counties

Within Florida, other states or abroad

Arrivals
Leavers
Within FloridaOther statesAbroad

Income per tax return

Arrivals$56K
Leavers$53K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Polk County; flows under 20 returns are not published.

Who moves here
8.1% of residents arrived from another county in the past year, 3.0% from another state.
Who arrives and who leaves
Households moving into Polk County report $56,300 a year in income on average; those leaving, $53,000, so newcomers earn more than leavers.
Income you would need
$49,200 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,230 a month; owners with a mortgage pay $1,516 a month including taxes and insurance, on a median home of $142,300.
Getting to work
39 minutes each way on average; 18.6% work from home.
If it is close but not quite
Everman, TX matches it on character for less of your income. Compare the two
Moved here in the past year1
8.1%
41% above the median place
Net movers per 1,000 people7
29.9
above the median place (median -0.6)
Income of households moving out7
$53,034
25% below the median place
All 5 moving measures
MeasureInwoodAmong 6,645 placesVs median
Moved here in the past year18.1%41% above
Moved from another state1County figure3.0%49% above
Net movers per 1,000 people7County figure29.9above (median -0.6)
Income of households moving in7County figure$56,32220% below
Income of households moving out7County figure$53,03425% below
02

What it costs to live here

After the median rent, with other prices set to the US average, the median household keeps about $41,900 a year, less than in 88% of the 1,875 places under 10,000 people we track.

Inwood26.6%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$49,200
a year, at the 30% line
Rent to income
26.6%
30% above the median place
Home price to income
2.6x
33% below the median place

Could you afford it?

The median rent would take
26%
just under the 30% line
Left after rent, in US prices
$42,300
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Inwood, $1,230 a month, and local prices for everything else (97.4 against a US average of 100). It runs in your browser and stores nothing.

Like Inwood, but easier on the budget

Places that match Inwood on character (size, age, education, homeownership, household size, housing age, remote work and climate) but where rent takes a clearly smaller share of income. Cost was left out of the match on purpose.

PlaceMatchRent to incomeMore left a year
Everman, TX9020.4% vs 26.6%$12,500Compare
Patterson, LA8921.1% vs 26.6%n/aCompare
Town of Pecos, TX8819.5% vs 26.6%n/aCompare
El Campo, TX8819.2% vs 26.6%n/aCompare

Moving from somewhere else? Work out the salary you would need in Inwood.

Sponsored · exampleMoving to Inwood? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Property tax paid (median)1
$1,023
69% below the median place
Median home value1
$142,300
55% below the median place
Vacant homes1
15.0%
113% above the median place
All 16 cost and housing measures
MeasureInwoodAmong 6,645 placesVs median
Median gross rent1$1,23010% below
Rent to income126.6%30% above
Property tax rate10.7%21% below
Home price to income12.6x33% below
Prices vs US average2Metro figure97.14% below
Fair market rent, 2 bedrooms3County figure$1,6080% below
HUD area median income4County figure$83,90022% below
Property tax paid (median)1$1,02369% below
Median home value1$142,30055% below
Home prices, 1-year change5County figure-1.2%below (median 3.2%)
Home prices, 5-year change5County figure58.3%13% above
Homeownership168.6%3% above
Renters paying 30%+156.2%11% above
Owner costs with a mortgage1$1,51619% below
Vacant homes115.0%113% above
Median year built119661% below
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Mean commute1
39 min
57% above the median place
Income per person1
$24,536
39% below the median place

More on work and pay, against the typical place

Poverty rate20.3% +89%
Median household income$55,540 −31%
Unemployment6.5% +34%
Works from home18.6% +49%
All 10 work and pay measures
MeasureInwoodAmong 6,645 placesVs median
Median household income1$55,54031% below
Income per person1$24,53639% below
Unemployment16.5%34% above
Average annual pay6County figure$57,76312% below
Pay growth, 1 year6County figure3.7%0% above
Jobs6County figure264,98176% above
Poverty rate120.3%89% above
Mean commute139 min57% above
Works from home118.6%49% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

7% of adults hold a bachelor's degree or higher, a smaller share than in 98% of the 2,473 places under 10,000 people we track. It is the 3rd-lowest of 473 Florida places we track.

Bachelor's or higher1
7.1%
78% below the median place
High school or higher1
81.5%
12% below the median place
No health insurance1
13.5%
111% above the median place

More about who lives here, against the typical place

Homes with broadband87.0% −6%
Household size2.8 +12%
Born abroad17.4% +97%
Median age36.3 −7%
All 8 people measures
MeasureInwoodAmong 6,645 placesVs median
Population17,5565119th largest
Median age136.37% below
Bachelor's or higher17.1%78% below
High school or higher181.5%12% below
Household size12.812% above
Born abroad117.4%97% above
No health insurance113.5%111% above
Homes with broadband187.0%6% below
05

Life in Inwood

The nearest National Park Service site is De Soto National Memorial, about 64 miles away.

77 sites are on the National Register of Historic Places, 2 of them National Historic Landmarks. Its history on Wikipedia

Out the door, against the typical place

Parks per 10k residents5.3 −48%
Playgrounds per 10k7.9 −16%
Grocery stores per 10k1.3 −38%
Restaurants, cafes and bars per 10k2.6 −76%
Libraries per 10k0.0 −100%
Named paths and bike trails2 km −25%
Bus and rail stops per sq mi1.1 5.0×

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

National Park Service sites nearby

  • De Soto National Memorial 64 miles
  • Canaveral National Seashore 79 miles
  • Fort Matanzas National Monument 120 miles

Businesses per 10,000 residents (county figures)

Restaurants and bars12.6 −39%
Shops24.2 −20%
Arts, recreation and fitness2.1 −49%
Doctors' offices and clinics12.4 −39%
Child care centers1.8 −22%

Counts businesses with paid staff, so small owner-run shops are not included.

Nearest National Park Service site10
64.4
109% above the median place
Restaurants and bars per 10k8
12.6
39% below the median place
Arts, recreation and fitness per 10k8
2.1
49% below the median place
All 18 schools and local life measures
MeasureInwoodAmong 6,645 placesVs median
Public schools12County figure166above (median 9)
Public school students12County figure116,892above (median 4,897)
Students per teacher12County figure19.426% above
Restaurants and bars per 10k8County figure12.639% below
Shops per 10k8County figure24.220% below
Arts, recreation and fitness per 10k8County figure2.149% below
Doctors' offices and clinics per 10k8County figure12.439% below
Child care centers per 10k8County figure1.822% below
Parks per 10k95.348% below
Playgrounds per 10k97.916% below
Grocery stores per 10k91.338% below
Restaurants, cafes and bars per 10k92.676% below
Libraries per 10k90.0below (median 0.9)
Named paths and bike trails91.525% below
Transit stops per sq mi91.1above (median 0.2)
Nearest National Park Service site1064.4109% above
National Park Service sites within 60 miles100below (median 2)
National Register listings11County figure77above (median 13)
06

Safety, weather and risk

Good air days is 95.5%, 39% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Inwood. Larger places are fetched first.

Good air days15
95.5%
39% above the median place
Average temperature13
73°F
33% above the median place
January average low13
49°F
96% above the median place
All 11 weather and risk measures
MeasureInwoodAmong 6,645 placesVs median
July average high13County figure92°F6% above
January average low13County figure49°F96% above
Average temperature13County figure73°F33% above
Annual precipitation13County figure52.6 in20% above
Natural hazard risk14County figure96.54% above
Hurricane risk14County figure98.539% above
Tornado risk14County figure93.915% above
Wildfire risk14County figure97.058% above
Heat wave risk14County figure93.64% above
Median air quality index15County figure3421% below
Good air days15County figure95.5%39% above
08

Inwood in 2030: where the trends point

If recent trends hold, the median rent will take about 27% of the median income in 2030, about the same as 27% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases. On projected 2030 affordability, Inwood does better than 50% of places. Its projected home value growth beats 81%.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$1,230/mo (2024)$1,610/mo$1,320 to $1,960/mo+4.6%
Median household income$55,540 (2024)$72,500$61,500 to $86,000+4.6%
Median home value$142,300 (2024)$209,000$152,000 to $288,000+6.6%

The median home would be worth 2.9 years of the median income in 2030, against 2.6 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Inwood

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Jacinto City, TX$1,242$47,318Compare
El Cerro Mission, NM$1,289$49,470Compare
Freeport, TX$1,176$61,134Compare
Kathleen, FL$1,247$57,097Compare
Kathleen, FLFreeport, TXEl Cerro Mission, NMJacinto City, TXInwood, FLInwoodJacinto CityEl Cerro MissionFreeportKathleenInwoodJacinto CityEl Cerro MissionFreeportKathleen

Places built like Inwood

Its statistical peers: the closest matches on size, age, education, homeownership, household size, housing age, origin and remote work, in the same part of the country. Cost and outcomes are left out of the match, so the table shows how Inwood performs against places like it.

PlaceRent to incomeIncome growthPop. change
Inwood, FL26.6%12.9%/yrn/a
Coral Hills, MD31.3%3.0%/yrn/aCompare
East Flat Rock, NC20.4%5.1%/yrn/aCompare
Elfers, FL30.8%6.4%/yrn/aCompare
Fort Pierce North, FL27.5%7.0%/yrn/aCompare
Chester, SC23.5%11.9%/yr0.9%Compare
Jan Phyl Village, FL27.1%-1.7%/yrn/aCompare

Common questions

Is Inwood a good place to live?

It depends on what you need, so here is what the numbers say. Its Citytistics Index is 4 out of 100, better than 4% of the places we rate and 425th of 474 in Florida. Home values are about 24% lower than we would expect for a place with these incomes, education levels, housing age and household types in the same metro area. That can mean good value, or drawbacks these figures do not capture, such as crime, schools or location. On cost, space and class size it scores 50 out of 100 for families. See how it ranks with your own weights.

Is Inwood expensive to live in?

The median rent takes 26.6% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $142,300.

What salary do you need to live in Inwood?

To rent the median home without spending more than 30% of income on rent, a household needs about $49,200 a year. Work it out from your current city.

What places are similar to Inwood?

On income, rent, home value, education and age, the closest matches are Jacinto City, TX, El Cerro Mission, NM, Freeport, TX and Kathleen, FL.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  11. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  12. Common Core of Data · National Center for Education Statistics · 2024 release
  13. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  14. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  15. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Inwood with places of a similar size, using only figures measured for Inwood itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/inwood-florida

Citytistics. “Inwood, Florida.” Data as of 2026-11-14. https://www.citytistics.com/city/inwood-florida/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.