Kentucky · Census place 39142
Independence, KY population, income and ZIP codes
Quick answer
The population of the city of Independence, Kentucky (Independence, KY — Census place “Independence city”) is 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. Looking for the Independence Kentucky ZIP code list? 1 ZIP codes serve Independence, KY: 41051.
- 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
Independence ZIP codes (Kentucky)
Census ZCTAs whose delivery area overlaps Independence.
The Independence KY ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
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
Independence city, KY in context
How this area compares with national benchmarks.
Independence city is a small city in Kentucky, with 29,024 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #12 of 554 ranked by population — larger than 98% of them. The median age here is 34.8 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.
Households in Independence city earn a median of $98,653 a year, 25.6% above the national figure of $78,538 and 78% above the $55,469 median for the 246 Kentucky cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 8.5% of residents here, below the 12.4% national rate.
The typical owner-occupied home in Independence city is valued at $240,500, 20.7% below the national figure and 53% above the $157,200 peer median, while median gross rent runs $1,204 a month, 14.4% below the national figure, or roughly $14,448 across a full year. A household on the local median income would put about 14.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.4×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 82.4% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.
All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in Kentucky.
- Jeffersontown city 28,988
- Hopkinsville city 31,011
- Frankfort city 28,452
- Nicholasville city 31,625
- Henderson city 27,994
- Elizabethtown city 31,870
- Paducah city 26,894
- Florence city 32,334
Keep going
More Kentucky coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Independence city?
- Independence city has 29,024 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #12 of 554 in Kentucky.
- What is the median household income in Independence city?
- Median household income in Independence city is $98,653 a year, 25.6% above the national figure of $78,538.
- How much does it cost to rent or buy in Independence city?
- Median gross rent is $1,204 a month and the median home value is $240,500, so rent absorbs about 14.6% of median household income.
- Is Independence city affordable compared with the rest of the US?
- Homes cost about 2.4× the local median income here versus roughly 3.9× nationally, so Independence city is more affordable to buy in than the typical US market, and rent takes 14.6% of median income against the 30% cost-burden line.
- How current is this Independence city data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.