Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.9 yrs |
|---|---|
| Avg HH Size | 2.31 |
| Below Poverty | 7.0% ▼ 30% below avg |
| College Grads | 36.8% ≈ Avg |
| Unemployment | 1.3% ▼ 73% below avg |
| No HS Diploma | 12 (0.2%) |
| HS Graduate | 2,108 (35.7%) |
| Some College | 734 (12.4%) |
| Associates | 878 (14.9%) |
| Bachelors | 737 (12.5%) |
| Graduate Degree | 1,434 (24.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $79,861 ≈ Avg |
|---|---|
| Median Home Value | $174,000 ▼ 38% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $770/mo |
| Total Housing Units | 3,921 |
| Vacant Units | 331 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Independence is a city in Iowa, located in Buchanan County. The city spans 1 ZIP code and is home to approximately 8,475 residents. It is a middle-aged city, with a median age of 42.9 years.
Economically, Independence is a middle-income community. The median household income of $79,861 is near the national average. Approximately 7.0% of residents live below the poverty line. The unemployment rate is 1.3%, well below the national average.
The real estate market in Independence is an affordable housing market. Median home values stand at $174,000, which is below the national average. Renters typically pay around $770 per month. Homeownership is high at 77.6%, typical of suburban and family-oriented communities.
The population of Independence is moderately educated. 36.8% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.65%).
Independence, IA offers residents above-average earning potential within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 50644 | 8,475 | $79,861 | $174,000 | $770 | 1.3% | 36.8% | 77.6% |