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Independence, KY

Full City Profile · Kentucky · Kenton County County

3.7 /5.0
B+ Good
29,024 Population 1,636/sq mi density
$98,653 Median Income $39,477 per capita
$240,500 Home Value $320,247 Zillow
$1,204 Median Rent 24.5% income on rent
56°F Avg Temperature 293 sunny days/yr
46 Violent Crime/100K 438 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$98,653 median income, 2.0% unemployment
A+
Affordability
5.0 / 5.0
$240,500 home value, $1,204/mo rent
F
Safety
1.0 / 5.0
46 violent crimes/100K
B+
Education
4.0 / 5.0
37.3% bachelor's degree or higher

Income Overview

Median Household Income
$98,653
31% above
US avg: $75,149
Per Capita Income
$39,477
1% above
US avg: $39,052
Unemployment Rate
2.0%
44% below
US avg: 3.6%
Poverty Rate
5.4%
56% 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
$98,653
131%
Per Capita
US: $39,052
$39,477
101%
IRS Avg AGI
US: $72,000
$91,998
128%
Avg Weekly Wage
US: $1,432
$1,384
97%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,384
3% below US avg ($1,432)
Mean Commute Time
27 min
1% below US avg (28 min)
Work From Home
12.7%
16% below US avg (15.2%)
Drive Alone
77.8%
6% above US avg (73.2%)
Public Transit
0.3%
93% below US avg (5.0%)
County GDP
$12,391M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 77.8%
Public Transit 0.3%
Work From Home 12.7%
Other 9.2%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
5,970
Restaurants
349
Healthcare
408
Retail
367
Manufacturing
106

Tax & Financial

IRS Avg Adjusted Gross Income
$91,998
28% above US avg ($72,000)
Avg Property Tax
$6,219
78% above US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$98,653
Per Capita Income$39,477
IRS Avg Adjusted Gross Income$91,998
Avg Weekly Wage$1,384
County GDP$12,391M

Hardship Indicators

Unemployment Rate2.0%
Poverty Rate5.4%
Gini Coefficient0.451
Cost of Living Index90.2

Commute

Mean Commute27 minutes
Drive Alone77.8%
Public Transit0.3%
Work From Home12.7%

Businesses

Total Establishments5,970
Restaurants349
Healthcare408
Retail367
Manufacturing106

Tax

IRS Avg AGI$91,998
Avg Property Tax$6,219