Independence, OH Real Estate
According to census data in the year 2000 there were 2,777 housing units in Independence.
This represents a 14.6% growth from 2,424 in 1990.
Of those housing units, 2,354 were located in either urbanized areas or urban clusters, and 423 were located in what is classified as a rural area.
Homeownership rate in Independence is about 94.5%.
Independence's vacancy rate, including seasonal lodging, is about 2.3%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Independence were built after 1958.
|Housing Units by Size|
|Five Bedrooms or more||6.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.59|
|Median year structure was built||1958|
|Median Value of occupied units||$191,200|
|Median Price asked for vacant units||$275,000|
Rented Homes, Apartments and Condos
|Average Household Size||3.24|
|Median year structure was built||1952|
Owners Finance Status
|Second Mortgage & Equity Loan||0.60%|
|Home Equity Loan||12.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.8%|