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 Type | 1.80% |
| One Bedroom | 12% |
| Two Bedrooms | 31.70% |
| Three Bedrooms | 42.50% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $77,000 |
| Median Price asked for vacant units | $70,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $446 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 4.90% |
| Simple Mortgage | 51.40% |
| Debt Free | 36.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
