The ZIP Code 34450 is associated with the city of Inverness in Florida in Citrus County in the U.S. Approximately 8% of the population lives below the poverty line, while the median househould income sits at $38,406. The median age in 34450 is estimated to at 57.2 years, and about 42.9% of residents are aged 62 years and older. Approximately 19.8% of residents in this Florida region hold a bachelor's degree or higher. The per capita income is estimated to be $28,049. The current population estimate is 10,692.
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Looking at race in the population that makes up ZIP Code 34450, 98.2% is one race, while 1.8% are two or more races. Approximately 5.5% of 34450 residents are hispanic or Latino (of any race). The most common race in 34450 (race alone or in combination with one or more other races), is White (95.6%), followed by Black or African American (3.9%) .
| Industry | Percent |
|---|---|
| White | 95.6% |
| Black or African American | 3.9% |
| American Indian and Alaska Native | 1.0% |
| Asian | 0.4% |
| Native Hawaiian and Other Pacific Islander | 0.2% |
| Some other race | 0.6% |
The median household income in ZIP Code 34450 is $38,406, while the region's mean household income is $55,499. Breaking income down further, per capita income in the region is $28,049. The per capita income in ZIP Code 34450 of $28,049 is approximately 11.29% less than the per capita income in the U.S. overall of $31,619. An estimated 7.8% of the population is living below the poverty line in this region. This rate is approximately 17.89% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 19.6% of the population in 34450 earn $15,000 to $24,999 per year, while an estimated 18.2% earn $35,000 to $49,999 per year, and 2.2% of 34450 residents earn $150,000 to $199,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 6.5% |
| $10,000 to $14,999 per year | 5.4% |
| $15,000 to $24,999 per year | 19.6% |
| $25,000 to $34,999 per year | 14.4% |
| $35,000 to $49,999 per year | 18.2% |
| $50,000 to $74,999 per year | 16.0% |
| $75,000 to $99,999 per year | 7.8% |
| $100,000 to $149,999 per year | 7.3% |
| $150,000 to $199,999 per year | 2.2% |
| $200,000 or more per year | 2.6% |
In ZIP Code 34450, 88.8% of the population graduated high school, while 19.8% have a bachelor's degree or higher. In this region, 2.4% achieved an education level less than 9th grade, while 8.1% hold a graduate or professional degree. Approximately 33.5% in this Citrus County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 2.4% |
| 9th to 12th grade, no diploma | 8.9% |
| High school graduate (includes equivalency) | 33.5% |
| Some college, no degree | 22.8% |
| Associate's degree | 12.8% |
| Bachelor's degree | 11.6% |
| Graduate or professional degree | 8.1% |
Residents of ZIP Code 34450 are older than average. The median age of 57.2 years in ZIP Code 34450 is approximately 50.13% higher than the overall median age in the U.S. of 38.1 years. About 85.6% of residents are aged 18 years and older, and 42.9% of residents are 62 years and over. Approximately 19.2% of the population in 34450 falls in the age group 65 to 74 years, while an estimated 14.1% are aged 75 to 84 years. On the low end of the scale, 3.0% of 34450 residents are aged 5 to 9 years.
| Age Range | Percent |
|---|---|
| Under 5 years | 5.0% |
| 5 to 9 years | 3.0% |
| 10 to 14 years | 4.1% |
| 15 to 19 years | 3.9% |
| 20 to 24 years | 5.0% |
| 25 to 34 years | 7.2% |
| 35 to 44 years | 7.5% |
| 45 to 54 years | 11.0% |
| 55 to 59 years | 7.8% |
| 60 to 64 years | 6.5% |
| 65 to 74 years | 19.2% |
| 75 to 84 years | 14.1% |
| 85 years and over | 5.6% |
In ZIP Code 34450, 94.9% of the population lists "English only" as the language spoken in home, while 3.1% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 2.0% of homes, and other Indo-European languages are spoken in 0.0% of homes. Lastly, 0.0% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Citrus County region.
| Language Spoken | Percent |
|---|---|
| English only | 94.9% |
| Spanish | 3.1% |
| Other Indo-European languages | 2.0% |
| Asian and Pacific Islander languages | 0.0% |
| Other languages | 0.0% |
Regarding the age of homes in ZIP Code 34450, an estimated 31.7% of homes were built between 1980 and 1989. Additionally, 24.7% of homes in the region were built between 1970 and 1979, while an estimated 0.8% of homes were built in 1939 or earlier in this Citrus County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.7% |
| Built between 2010 and 2013 | 1.4% |
| Built between 2000 and 2009 | 7.7% |
| Built between 1990 and 1999 | 13.4% |
| Built between 1980 and 1989 | 31.7% |
| Built between 1970 and 1979 | 24.7% |
| Built between 1960 and 1969 | 11.2% |
| Built between 1950 and 1959 | 5.6% |
| Built between 1940 and 1949 | 1.7% |
| Built in 1939 or earlier | 0.8% |
In 34450, 41.4% of the population is in the labor force. Recent estimates place 6.2% as working from home, while the total labor force in the region has a mean travel to time to work of 25.1 minutes. Approximately 34.0% of the employed population 16 years and over in 34450 work in educational services, and health care and social assistance, while an estimated 17.1% work in retail trade. On the lower end of the scale, just 0.5% of 34450 workers 16 years and over work in information.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 1.5% |
| Construction | 8.0% |
| Manufacturing | 3.8% |
| Wholesale trade | 1.6% |
| Retail trade | 17.1% |
| Transportation and warehousing, and utilities | 2.7% |
| Information | 0.5% |
| Finance and insurance, and real estate and rental and leasing | 2.9% |
| Professional, scientific, management, and administrative | 10.1% |
| Educational services, and health care and social assistance | 34.0% |
| Arts, entertainment, and recreation, and accommodation and food services | 7.0% |
| Other services, except public administration | 3.7% |
| Public administration | 7.1% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 34450 is current access to health insurance, as an estimated 87.7% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 34450 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 87.7% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 34450 has an average daily solar radiation level of 5.52 kWh/m2/day. This is approximately 33.98% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 16.24% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 34450 | 12.33¢/kWh | 13.84¢/kWh | 8.95¢/kWh |
| Florida | 13.89¢/kWh | 10.56¢/kWh | 8.42¢/kWh |
| United States | 16.41¢/kWh | 13.1¢/kWh | 8.44¢/kWh |
| Month | ZIP Code 34450 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 5.42 | 1.9 | 5.84 |
| Feb | 5.6 | 3 | 6.31 |
| Mar | 5.94 | 3.65 | 7.02 |
| Apr | 6.24 | 5.13 | 7.3 |
| May | 5.77 | 5.17 | 7.13 |
| Jun | 4.92 | 5.72 | 6.95 |
| Jul | 4.92 | 6.22 | 6.51 |
| Aug | 5.39 | 6.08 | 6.65 |
| Sep | 5.51 | 5.15 | 7.02 |
| Oct | 5.85 | 3.32 | 6.92 |
| Nov | 5.61 | 2.33 | 5.99 |
| Dec | 5.08 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 34450, credit reporting or credit repair services have received the most complaints in 34450 in the past 12 months. Debt collection received the second most complaints. The most frequent complaint overall in this Citrus County region was problem with a credit reporting company's investigation.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 18 |
| Debt collection | 10 |
| Checking or savings account | 2 |
| Credit card | 1 |
| Credit card or prepaid card | 1 |
| Other | 1 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Problem with a credit reporting company's investigation | 15 |
| Written notification about debt | 9 |
| Incorrect information on your report | 3 |
| Closing an account | 1 |
| Closing your account | 1 |
| Other | 4 |