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Independence, OR

Full City Profile · Oregon · Polk County County

3.1 /5.0
B Good
10,088 Population 3,352/sq mi density
$79,158 Median Income $29,560 per capita
$345,200 Home Value $421,912 Zillow
$1,585 Median Rent 28.1% income on rent
53°F Avg Temperature 251 sunny days/yr
183 Violent Crime/100K 1,399 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$79,158 median income, 2.3% unemployment
A
Affordability
4.2 / 5.0
$345,200 home value, $1,585/mo rent
F
Safety
1.0 / 5.0
183 violent crimes/100K
C+
Education
2.9 / 5.0
23.3% bachelor's degree or higher

Housing Overview

Median Home Value
$345,200
22% above
US avg: $281,900
Median Rent
$1,585/mo
36% above
US avg: $1,163/mo
Homeownership Rate
60.3%
8% below US avg (65.4%)
Total Housing Units
3,052
Median year built: 1994

Home Value by Source

Census Median
$345,200
Zillow (ZHVI)
$421,912
Median Sale Price
$401,000
Median List Price
$361,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

60.3%
Owner-Occupied
39.7%
Renter-Occupied
60%
40%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,051/mo
1 Bedroom
$1,143/mo
2 Bedroom
$1,425/mo
3 Bedroom
$1,963/mo
4 Bedroom
$2,318/mo
Census median rent: $1,585/mo · Zillow rent: $1,832/mo

Market Indicators (Redfin)

Median Days on Market
153 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
22.2%
of listings with price reduction
Price Per Sq Ft
$264
Active Inventory
18
homes for sale

Affordability & Housing Stock

Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1994
Average age of housing stock: 32 years
Homeownership Rate
60.3%

Complete Housing Data

Home Values

Census Median Value$345,200
Zillow Home Value (ZHVI)$421,912
Median Sale Price$401,000
Median List Price$361,000
Price Per Sq Ft$264

Rent

Census Median Rent$1,585
Zillow Rent (ZORI)$1,832
FMR Studio$1,051
FMR 1-Bedroom$1,143
FMR 2-Bedroom$1,425
FMR 3-Bedroom$1,963
FMR 4-Bedroom$2,318

Market

Days on Market153
Sale-to-List Ratio1.0%
Price Drops22.2%
Homes Sold1
Active Inventory18
Price Per Sq Ft$264

Ownership & Stock

Owner-Occupied60.3%
Renter-Occupied39.7%
Homeownership Rate60.3%
Total Housing Units3,052
Median Year Built1994
Rent Burden28.1%