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 Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms12.20%
Three Bedrooms52.50%
Four Bedrooms29%
Five Bedrooms or more6.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1958
Median Value of occupied units$191,200
Median Price asked for vacant units$275,000

Rented Homes, Apartments and Condos

Average Household Size3.24
Median year structure was built1952

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage4.30%
Home Equity Loan12.50%
Simple Mortgage33.50%
Debt Free48.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%