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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
Housing Overview
Median Home Value
$240,500
15% below
US avg: $281,900
Median Rent
$1,204/mo
4% above
US avg: $1,163/mo
Homeownership Rate
82.4%
26% above US avg (65.4%)
Total Housing Units
10,168
Median year built: 1999
Home Value by Source
Census Median
$240,500
Zillow (ZHVI)
$320,247
Median Sale Price
$315,000
Median List Price
$318,495
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.4%
Owner-Occupied
17.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo
Census median rent:
$1,204/mo
· Zillow rent:
$2,089/mo
Market Indicators (Redfin)
Median Days on Market
25 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
25
Price Drops
17.7%
of listings with price reduction
Price Per Sq Ft
$192
Active Inventory
34
homes for sale
Affordability & Housing Stock
Rent Burden
24.5%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1999
Average age of housing stock: 27 years
Homeownership Rate
82.4%
Complete Housing Data
Home Values
| Census Median Value | $240,500 |
| Zillow Home Value (ZHVI) | $320,247 |
| Median Sale Price | $315,000 |
| Median List Price | $318,495 |
| Price Per Sq Ft | $192 |
Rent
| Census Median Rent | $1,204 |
| Zillow Rent (ZORI) | $2,089 |
| FMR Studio | $719 |
| FMR 1-Bedroom | $794 |
| FMR 2-Bedroom | $984 |
| FMR 3-Bedroom | $1,277 |
| FMR 4-Bedroom | $1,442 |
Market
| Days on Market | 25 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 17.7% |
| Homes Sold | 25 |
| Active Inventory | 34 |
| Price Per Sq Ft | $192 |
Ownership & Stock
| Owner-Occupied | 82.4% |
| Renter-Occupied | 17.6% |
| Homeownership Rate | 82.4% |
| Total Housing Units | 10,168 |
| Median Year Built | 1999 |
| Rent Burden | 24.5% |