Independence, KY Real Estate
According to census data in the year 2000 there were 5,356 housing units in Independence.
This represents a 45.3% growth from 3,686 in 1990.
Of those housing units, 4,853 were located in either urbanized areas or urban clusters, and 503 were located in what is classified as a rural area.
Homeownership rate in Independence is about 76.4%.
Independence's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.87 people.
The majority of houses, apartments or condos in Independence were built after 1979.
|Housing Units by Size|
|Five Bedrooms or more||2.40%|
Owned Homes, Apartments and Condos
|Average Household Size||3.02|
|Median year structure was built||1978|
|Median Value of occupied units||$114,600|
|Median Price asked for vacant units||$122,400|
Rented Homes, Apartments and Condos
|Average Household Size||2.37|
|Median year structure was built||1982|
|Median Monthly Rent asked for vacant units||$625|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||13%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.9%|