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Independence, Missouri

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
121,740
Population
$60,339
Median Income
$172,900
Home Value
39.0
Median Age

Demographics

Independence has a population of 121,740 with a median age of 39.0. Here is the racial and ethnic breakdown of the population:

White
71.4%
Hispanic
13.3%
Black
10.7%
Other
3.4%
Asian
1.2%
Demographic Value
Total Population121,740
Median Age39.0
White71.4%
Black or African American10.7%
Asian1.2%
Hispanic or Latino13.3%
Other / Two or More Races3.4%
Independence, Missouri — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 71.4%Hispanic/Latino: 13.3%Black: 10.7%Other: 3.4%Other: 1.2%121,740PopulationWhiteWhite71.4%Hispanic/LatinoHispanic/Latino13.3%BlackBlack10.7%OtherOther3.4%OtherOther1.2%

Income & Economy

The median household income in Independence is $60,339, which is 25.1% below the national median of $80,610. The per capita income is $32,713. The poverty rate is 15.8%.

$60,339
Median Household Income
$32,713
Per Capita Income
15.8%
Poverty Rate

Employment

The unemployment rate in Independence is 4.3%, compared to the national rate of 4.1%.

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Education

In Independence, 89.5% of residents age 25+ have a high school diploma or higher, and 21.9% hold a bachelor's degree or higher (7.4% with a graduate or professional degree).

HS Diploma+
89.5%
Bachelor's+
21.9%
Graduate+
7.4%
Education Level % of Adults (25+)
High School Diploma or Higher89.5%
Bachelor's Degree or Higher21.9%
Graduate or Professional Degree7.4%

Housing

The median home value in Independence is $172,900, below the national median of $303,400. The median monthly rent is $1,109. The homeownership rate is 60.9%.

$172,900
Median Home Value
$1,109/mo
Median Rent
60.9%
Homeownership Rate
Housing Metric Value
Median Home Value$172,900
Median Monthly Rent$1,109
Homeownership Rate60.9%
Vacancy Rate8.2%

Salaries in Missouri

Explore salary data for popular occupations in Missouri:

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Other Cities in Missouri

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Frequently Asked Questions

What is the population of Independence, Missouri?
The population of Independence, Missouri is 121,740 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Independence, Missouri?
The median household income in Independence, Missouri is $60,339. This is 25.1% below the national median of $80,610.
What is the median home value in Independence, Missouri?
The median home value in Independence, Missouri is $172,900. The median monthly rent is $1,109.
What percentage of people in Independence have a college degree?
In Independence, Missouri, 21.9% of adults age 25 and older hold a bachelor's degree or higher, and 89.5% 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 2.9x (median home value $172,900 vs. median income $60,339), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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