Kentucky · Census place 39142
Independence city, KY
Quick answer
Independence city has 29,024 residents, ranking #12 of 554 places in Kentucky. Median household income is $98,653, the median home is worth $240,500 and median gross rent runs $1,204 a month.
- Population
- 29,024Independence city residents
- Median household income
- $98,653Past 12 months, inflation adjusted
- Median home value
- $240,500Owner-occupied units
- Median gross rent
- $1,204Rent plus utilities, monthly
- Median age
- 34.8 yrsAll residents
- Homeownership rate
- 82.4%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 14.6% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.5% of residents and 82.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Kentucky.
- Elizabethtown city 31,870
- Nicholasville city 31,625
- Hopkinsville city 31,011
- Jeffersontown city 28,988
- Frankfort city 28,452
- Henderson city 27,994
- Paducah city 26,894
Keep going
More Kentucky coverage.