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Independence, KY Area and Community Summary Information


Community Summary

Independence Kentucky
Community Characteristics
Population 16,161 4,223,165
Population Density 964 105
Educational Climate Index 3
Median Age 31.67 36.66
Median Dwelling Age 20 27
In Current Residence 5+ years 32 % 32 %
Median Home Sale Price $157,000
Average household Income $58,599 $52,153
Median Value of Home Equity $188,639 $158,629
Median Mortgage Debt $356,836 $313,269
Total Household Expenditure 94 86
Total Crime Risk 33 70
Weather Risk 76 57
Air Pollution Index 208 132
Median Travel Time to Work 22.03 18.96
     

Population Characteristics

Independence Kentucky
Population 16,161 4,223,165
Population Density 964 105
     
Male Population 8,203 2,078,358
Female Population 7,958 2,144,807
     
Population Change Since 1990 55 % 15 %
Population Change Since 2000 8 % 4 %
     

Age

Independence Kentucky
Median Age 31.67 36.66
     
Population: Age 0-4 1,483 274,094
Population: Age 5-9 1,338 266,248
Population: Age 10-14 1,318 272,019
Population: Age 15-19 1,207 280,565
Population: Age 20-24 940 289,899
Population: Age 25-29 1,065 290,353
Population: Age 30-34 1,368 285,075
Population: Age 35-39 1,332 288,592
Population: Age 40-44 1,248 311,155
Population: Age 45-49 1,156 321,207
Population: Age 50-54 1,053 302,422
Population: Age 55-59 913 270,038
Population: Age 60-64 622 218,011
Population: Age 65-69 440 167,410
Population: Age 70-74 270 133,887
Population: Age 75-79 182 104,283
Population: Age 80-84 147 77,649
Population: Age 85+ 80 70,258
     

Race Distribution

Independence Kentucky
Race: White 15,625 3,790,775
Race: American Indian, Eskimo, Aleut 22 8,558
Race: Asian or Pacific Islander 131 39,274
Race: Other 41 26,824
Race: Hawaiian / Pacific Islander 9 3,999
Race: Black 227 301,768
     

Hispanic Distribution

Independence Kentucky
Population: Hispanic 252 90,250
Population: Not Hispanic 15,910 4,132,915
     

Education

Independence Kentucky
Education: Less than 9th Grade 203 229,173
Education: Some High School 746 321,085
Education: High School Graduate 4,155 993,909
Education: Some College 2,130 528,561
Education: Associate Degree 739 197,957
Education: Bachelors Degree 1,350 339,412
Education: Graduate Degree 553 230,243
     

Marital Status

Independence Kentucky
Never Married 2,624 764,377
Now Married 7,204 1,891,994
Separated 303 143,429
Widowed 490 239,524
Divorced 1,412 370,948
     

Households

Independence Kentucky
Households 5,491 1,677,994
Average Household Size
     
Households: Family 4,640 1,124,379
Households: Non-Family 851 553,615
     
Households: With Children 3,074 562,059
Households: No Children 2,420 1,115,935
     

Housing Characteristics

Independence Kentucky
Median Dwelling Age 20 27
Median Home Sale Price $157,000
Average household Income $58,599 $52,153
Median Value of Home Equity $188,639 $158,629
Median Mortgage Debt $356,836 $313,269
     

Home Ownership

Independence Kentucky
Vacant Dwellings 729 231175
Owner-Occupied Dwellings 4589 1184193
Renter-Occupied Dwellings 903 493801
     

Turnover

Independence Kentucky
In Current Residence 5+ years 32 % 32 %
Annual Residential Turnover 17 % 15 %
     
Median Years in Residence 3.62 3.43
     

Income Characteristics

Independence Kentucky
Median household income $61,711 $41,358
Average household Income $58,599 $52,153
Per capita income $20,066 $21,343
Median Disposable Income $51,052 $36,002
     

Income Growth

Independence Kentucky
Change in Avg. Household Income Since 1990 73 % 83 %
Change in Avg. Household Income Since 2000 20 % 22 %
     

Household Income

Independence Kentucky
Household Income: $0-$10,000 253 202,038
Household Income: $10,000-$15,000 112 105,061
Household Income: $15,000-$20,000 150 109,088
Household Income: $20,000-$25,000 190 110,810
Household Income: $25,000-$30,000 229 107,358
Household Income: $30,000-$35,000 245 95,631
Household Income: $35,000-$40,000 172 85,109
Household Income: $40,000-$45,000 245 87,909
Household Income: $45,000-$50,000 291 75,862
Household Income: $50,000-$60,000 766 148,320
Household Income: $60,000-$75,000 840 163,059
Household Income: $75,000-$100,000 1,074 176,726
Household Income: $100,000-$125,000 497 90,127
Household Income: $125,000-$150,000 223 44,159
Household Income: $150,000-$200,000 138 35,498
Household Income: $200,000-$250,000 29 11,432
Household Income: $250,000-$500,000 20 13,314
Household Income: $500,000+ 19 16,493
     

Median Income

Independence Kentucky
Median Income: Age < 25 $50,658 $27,115
Median Income: Age 25-34 $60,500 $40,766
Median Income: Age 35-44 $63,054 $48,188
Median Income: Age 45-54 $69,017 $52,212
Median Income: Age 55-64 $63,340 $43,314
Median Income: Age 65-74 $53,298 $32,042
Median Income: Age 75+ $48,750 $26,170
     

Cost of Living Index

Independence Kentucky
Total Household Expenditure 94 86
Contributions 86 82
Personal Insurance 90 82
Apparel 94 86
Education 86 81
Entertainment 94 86
Food And Beverages 95 88
Health Care 94 89
Household Furnishings And Equipment 94 84
Shelter 93 86
Household Operations 91 83
Miscellaneous Expenses 95 88
Personal Care 94 87
Reading 93 86
Tobacco 97 93
Transportation 98 87
Utilities 95 89
Gifts 88 83
     
Sales Tax Rate 6 %
     

Financial Characteristics

Independence Kentucky
Median Household Net Worth $145,013 $118,660
Average Household Net Worth $462,482 $413,881
Median Value of Home Equity $188,639 $158,629
Median Mortgage Debt $356,836 $313,269
     

Net Worth

Independence Kentucky
Net Worth: $0 or Less 603 204,198
Net Worth: $1-$5,000 675 233,717
Net Worth: $5,000-$10,000 384 117,540
Net Worth: $10,000-$25,000 694 203,264
Net Worth: $25,000-$50,000 762 219,638
Net Worth: $50,000-$100,000 929 271,766
Net Worth: $100,000-$250,000 1,089 314,471
Net Worth: $250,000-$500,000 430 121,285
Net Worth: Greater Than $500,000 238 63,371
     

Investments and Debt

Independence Kentucky
Median Value of Transaction Accounts $26,220 $22,876
Median Value of Certificates of Deposit $6,794 $6,432
Median Value of Savings Bonds $1,180 $972
Median Value of Bonds (Not US Savings) $9,345 $9,058
Median Value of Stocks $32,332 $30,193
Median Value of Mutual Funds $28,130 $25,285
Median Value of Retirement Accounts $66,997 $56,096
Median Value of Cash Value Life Ins $5,786 $5,235
Median Value of Other Managed Accounts $15,410 $13,653
Median Value of Other Financial Assets $3,923 $3,743
Median Value of Any Financial Assets $196,117 $173,543
Median Value of Vehicles Owned $19,323 $16,191
Median Value of Investment Property Equity $35,366 $31,825
Median Value of Business Equity $23,952 $22,028
Median Value of Other Non-Financial Assets $84,614 $80,047
Median Value of Any Non-Financial Assets $4,942 $4,548
Median Installment Loan Debt $69,550 $54,782
Median Lines of Credit Debt $6,967 $6,182
Median Credit Card Debt $574 $522
Median Investment Real Estate Debt $9,479 $8,068
Median Other Debt $13,359 $13,054
Median Total Debts $177,416 $143,503
     

Occupation

Independence Kentucky
     
Occupations: White Collar 2,881 1,391,334
Occupations: Blue Collar 1,369 451,086
     
Business Counts: Professional Specialty Occupations 520 278,032
Business Counts: Sales Professionals 91 43,824
Business Counts: Technologies and Technicians 93 72,396
Business Counts: Sales Workers and Clerks 438 173,079
Business Counts: Administrative Support 643 332,742
Business Counts: Technical, Sales and Administrative: Field Occupations 3 4,498
Business Counts: Private Household 5 115
Business Counts: Protective Services 65 25,899
Business Counts: Other Services: Site Based 568 255,847
Business Counts: Other Services: Field Based 31 9,828
Business Counts: Farming, Forestry, and Fishing 126 48,521
Business Counts: Precision, Craft, and Repair: Site Based 556 168,692
Business Counts: Construction, Repair and Mining: Field Based 151 53,761
Business Counts: Machine Operators, Assemblers and Inspectors 215 56,344
Business Counts: Transportation Materials Moving Workers 159 62,744
Business Counts: Handlers, Helpers and Laborers 162 61,024
     
Employees: Agricultural, Forestry, Fishing 25 18,815
Employees: Mining 0 16,006
Employees: Construction 171 76,032
Employees: Manufacturing 1,328 217,453
Employees: Transportation and Communications 20 82,357
Employees: Wholesale Trade 531 89,131
Employees: Retail Trade 835 399,049
Employees: Finance, Insurance and Real Estate 120 104,964
Employees: Services 1,010 692,808
Employees: Public Administration 209 145,807
     

Transportation & Commute

Independence Kentucky
Median Travel Time to Work 22.03 18.96
Transportation to Work: Public 2 % 1 %
Transportation to Work: Drive / Carpool 95 % 93 %
Transportation to Work: Walk / Bike / Other 1 % 3 %
Transportation to Work: Work at Home 2 % 3 %
     

Crime Risk

Independence Kentucky
Total Crime Risk 33 70
     
Personal Crime Risk 10 53
Murder Risk 6 78
Rape Risk 31 79
Robbery Risk 7 51
Assault Risk 4 50
     
Property Crime Risk 54 72
Burglary Risk 73 89
Larceny Risk 64 71
Motor Vehicle Theft Risk 23 50
     

Temperature & Rain

Independence Kentucky
Average January High Temperature 38 42.06
Average January Low Temperature 21.3 23.2
Average July High Temperature 86.4 87.57
Average July Low Temperature 66.1 65.2
     
Annual Precipitation 42.6 48.09
     

Weather Risk Index

Independence Kentucky
Weather Risk 76 57
Earthquake Risk 43 75
Hail Index 100 73
Hurricane Index 30 38
Tornado Index 129 73
Wind Index 106 109
     

Environmental Quality Index

Independence Kentucky
Air Pollution Index 208 132
Ozone Index 111 102
Carbon Monoxide Index 99 109
Lead Index 625 255
NO2 Index 118 98
Particulate Matter Index 89 95
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
41051
$63,624
Median Value of Home Equity
Zip
1
41051
$194,997
Fastest Growing (change since 2000)
Zip
1
41051
8 %
Longest Commute
Zip
1
41051
22.87
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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