Ohio · Census place 37240
Independence city, OH
Quick answer
Independence city has 7,543 residents, ranking #228 of 1265 places in Ohio. Median household income is $114,049, the median home is worth $305,500 and median gross rent runs $1,547 a month.
- Population
- 7,543Independence city residents
- Median household income
- $114,049Past 12 months, inflation adjusted
- Median home value
- $305,500Owner-occupied units
- Median gross rent
- $1,547Rent plus utilities, monthly
- Median age
- 48.7 yrsAll residents
- Homeownership rate
- 94.8%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 16.3% 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 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 1.8% of residents and 94.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Ohio.
- Hubbard city 7,600
- Uniontown CDP 7,571
- Northridge CDP 7,546
- Wauseon city 7,387
- Bellbrook city 7,344
- Sunbury village 7,335
- Withamsville CDP 7,151
Keep going
More Ohio coverage.