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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
Housing Overview
Median Home Value
$156,900
44% below
US avg: $281,900
Median Rent
$769/mo
34% below
US avg: $1,163/mo
Homeownership Rate
70.8%
8% above US avg (65.4%)
Total Housing Units
2,847
Median year built: 1966
Home Value by Source
Census Median
$156,900
Zillow (ZHVI)
$211,726
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.8%
Owner-Occupied
29.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$769/mo
Affordability & Housing Stock
Rent Burden
27.3%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
70.8%
Complete Housing Data
Home Values
| Census Median Value | $156,900 |
| Zillow Home Value (ZHVI) | $211,726 |
Rent
| Census Median Rent | $769 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 70.8% |
| Renter-Occupied | 29.2% |
| Homeownership Rate | 70.8% |
| Total Housing Units | 2,847 |
| Median Year Built | 1966 |
| Rent Burden | 27.3% |