Independence, OR Real Estate
According to census data in the year 2000 there were 2,066 housing units in Independence.
This represents a 34.2% growth from 1,539 in 1990.
Of those housing units, 2,066 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Independence is about 66.4%.
Independence's vacancy rate, including seasonal lodging, is about 5%.
Average household size is 3 people.
The majority of houses, apartments or condos in Independence were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 11.40% |
| Two Bedrooms | 31.30% |
| Three Bedrooms | 45.10% |
| Four Bedrooms | 8.60% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $110,100 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.32 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $500 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.50% |
| Home Equity Loan | 8% |
| Simple Mortgage | 61% |
| Debt Free | 19.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.6% |
