Independence, VA
Full City Profile · Virginia · Grayson County County
Independence, VA
At a Glance
How Independence Compares to the U.S. Average
Each bar shows Independence's value as a percentage of the national average (100% = U.S. avg)
Is Independence a Good Place to Live?
Economy & Jobs
Independence residents earn a median household income of $36,250 , which is 52% below the national average of $75,149. Per capita income is $32,747. The unemployment rate stands at 9.5% (164% above the U.S. rate of 3.6%). 9.0% of residents live below the poverty line. The area is home to 359 business establishments, including 15 restaurants.
Housing & Cost of Living
The median home value in Independence is $115,700 , 59% below the national median of $281,900. Zillow estimates the typical home at $228,667. Median rent is $762/month, with 31.9% of renters spending more than 30% of income on housing. The cost of living index is 101.1 (100 = national average). The median home was built in 1968.
Safety & Crime
Independence reports 100 violent crimes per 100,000 residents , which is 74% below the national average of 380/100K. Property crime is 2,886/100K.
Education
18.1% of adults in Independence hold a bachelor's degree or higher (46% below the national average). 87.3% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
Independence has an average annual temperature of 52°F (11°C). Winters average 32°F in January while summers reach 71°F in July. Annual precipitation totals 57.1 inches.