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Independence, MO Real Estate


According to census data in the year 2000 there were 50,176 housing units in Independence. This represents a 4% growth from 48,262 in 1990.

Of those housing units, 49,067 were located in either urbanized areas or urban clusters, and 1,109 were located in what is classified as a rural area.

Homeownership rate in Independence is about 67.8%. Independence's vacancy rate, including seasonal lodging, is about 5.6%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Independence were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom12%
Two Bedrooms31.70%
Three Bedrooms42.50%
Four Bedrooms10.40%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1962
Median Value of occupied units$77,000
Median Price asked for vacant units$70,100

Rented Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1967
Median Monthly Rent asked for vacant units$446

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage7.50%
Home Equity Loan4.90%
Simple Mortgage51.40%
Debt Free36.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%