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Independence, IA

Full City Profile · Iowa · Buchanan County County

3.3 /5.0
B Good
6,149 Population 1,020/sq mi density
$72,250 Median Income $36,517 per capita
$156,900 Home Value $211,726 Zillow
$769 Median Rent 27.3% income on rent
47°F Avg Temperature 260 sunny days/yr
361 Violent Crime/100K 1,314 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$72,250 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$156,900 home value, $769/mo rent
F
Safety
1.0 / 5.0
361 violent crimes/100K
C+
Education
2.9 / 5.0
24.0% bachelor's degree or higher

Income Overview

Median Household Income
$72,250
4% below
US avg: $75,149
Per Capita Income
$36,517
6% below
US avg: $39,052
Unemployment Rate
1.1%
69% below
US avg: 3.6%
Poverty Rate
6.6%
47% below
US avg: 12.4%

Income Comparison: Independence vs. U.S. Average

Each bar shows Independence’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$72,250
96%
Per Capita
US: $39,052
$36,517
94%
IRS Avg AGI
US: $72,000
$76,868
107%
Avg Weekly Wage
US: $1,432
$962
67%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$962
33% below US avg ($1,432)
Mean Commute Time
22 min
21% below US avg (28 min)
Work From Home
5.9%
61% below US avg (15.2%)
Drive Alone
80.6%
10% above US avg (73.2%)
Public Transit
0.6%
88% below US avg (5.0%)
County GDP
$1,087M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 80.6%
Public Transit 0.6%
Work From Home 5.9%
Other 12.9%
Average commute time
22 minutes
US avg: 28 min

Business Landscape

Total Establishments
638
Restaurants
37
Healthcare
44
Retail
72
Manufacturing
33

Tax & Financial

IRS Avg Adjusted Gross Income
$76,868
7% above US avg ($72,000)
Avg Property Tax
$3,750
7% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$72,250
Per Capita Income$36,517
IRS Avg Adjusted Gross Income$76,868
Avg Weekly Wage$962
County GDP$1,087M

Hardship Indicators

Unemployment Rate1.1%
Poverty Rate6.6%
Gini Coefficient0.404
Cost of Living Index87.8

Commute

Mean Commute22 minutes
Drive Alone80.6%
Public Transit0.6%
Work From Home5.9%

Businesses

Total Establishments638
Restaurants37
Healthcare44
Retail72
Manufacturing33

Tax

IRS Avg AGI$76,868
Avg Property Tax$3,750