Independence, Iowa Median Income

Independence, Iowa has a population of 6,050, with a median household income of $54,200.

Current median income data for Independence.

$54,200

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Population

6,050

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Median Income

$54,200

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Unemployment

3.80%

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Housing Price

$175,000

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Crime Rate

28.60

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Internet Speed

1000.00 Mbps

Independence is a small local community located in Iowa. The city has a population that is above the average city population in Iowa, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Independence is a notable city in Iowa, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Independence has a population of 6,050, which is higher than the state average. This indicates a relatively larger urban presence within Iowa.

Income and Economy

The median household income in Independence is $54,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Independence is about $175,000, making it relatively affordable compared to many cities in Iowa.

Employment and Safety

The unemployment rate in Independence is 3.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Independence are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Iowa, Independence shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Independence continues to play a role in shaping regional trends in Iowa, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Independence

What is the population of Independence?

The population of Independence is approximately 6,050.

Is Independence a good place to live?

Independence offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Independence?

The median household income in Independence is around $54,200.

How expensive is housing in Independence?

The average housing price in Independence is approximately $175,000.