Independence, Missouri

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
122,218
Population
$57,415
Median Income
$150,800
Home Value
39.5
Median Age

Demographics

Independence has a population of 122,218 with a median age of 39.5. Here is the racial and ethnic breakdown of the population:

White
75.8%
Black
10.9%
Hispanic
9.6%
Other
2.6%
Asian
1.1%
Demographic Value
Total Population122,218
Median Age39.5
White75.8%
Black or African American10.9%
Asian1.1%
Hispanic or Latino9.6%
Other / Two or More Races2.6%

Income & Economy

The median household income in Independence is $57,415, which is 23.6% below the national median of $75,149. The per capita income is $31,491. The poverty rate is 15.1%.

$57,415
Median Household Income
$31,491
Per Capita Income
15.1%
Poverty Rate

Employment

The unemployment rate in Independence is 6.2%, compared to the national rate of 5.4%.

Education

In Independence, 90.0% of residents age 25+ have a high school diploma or higher, and 19.5% hold a bachelor's degree or higher (6.7% with a graduate or professional degree).

HS Diploma+
90.0%
Bachelor's+
19.5%
Graduate+
6.7%
Education Level % of Adults (25+)
High School Diploma or Higher90.0%
Bachelor's Degree or Higher19.5%
Graduate or Professional Degree6.7%

Housing

The median home value in Independence is $150,800, below the national median of $281,900. The median monthly rent is $1,020. The homeownership rate is 60.5%.

$150,800
Median Home Value
$1,020/mo
Median Rent
60.5%
Homeownership Rate
Housing Metric Value
Median Home Value$150,800
Median Monthly Rent$1,020
Homeownership Rate60.5%
Vacancy Rate8.3%

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Frequently Asked Questions

What is the population of Independence, Missouri?
The population of Independence, Missouri is 122,218 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Independence, Missouri?
The median household income in Independence, Missouri is $57,415. This is 23.6% below the national median of $75,149.
What is the median home value in Independence, Missouri?
The median home value in Independence, Missouri is $150,800. The median monthly rent is $1,020.
What percentage of people in Independence have a college degree?
In Independence, Missouri, 19.5% of adults age 25 and older hold a bachelor's degree or higher, and 90.0% have a high school diploma or higher.
Is Independence, Missouri an affordable place to live?
The home price-to-income ratio in Independence, Missouri is 2.6x (median home value $150,800 vs. median income $57,415), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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