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ZipNumbers

Iowa · Census place 38100

Independence city, IA

Quick answer

Independence city has 6,149 residents, ranking #64 of 1026 places in Iowa. Median household income is $72,250, the median home is worth $156,900 and median gross rent runs $769 a month.

Population
6,149Independence city residents
Median household income
$72,250Past 12 months, inflation adjusted
Median home value
$156,900Owner-occupied units
Median gross rent
$769Rent plus utilities, monthly
Median age
41.2 yrsAll residents
Homeownership rate
70.8%Owner-occupied households

What the numbers mean in Independence city

Housing cost measured against local earnings.

A household earning the Independence city median would spend about 12.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.5% of residents and 70.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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