Independence, VA Real Estate
According to census data in the year 2000 there were 495 housing units in Independence.
This represents a 0% decline from 495 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 495 were located in what is classified as a rural area.
Homeownership rate in Independence is about 54.1%.
Independence's vacancy rate, including seasonal lodging, is about 13.7%.
Average household size is 2.06 people.
The majority of houses, apartments or condos in Independence were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 15.60% |
| Two Bedrooms | 31.90% |
| Three Bedrooms | 39.80% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $70,200 |
| Median Price asked for vacant units | $62,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.72 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $308 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.40% |
| Home Equity Loan | 0% |
| Simple Mortgage | 36% |
| Debt Free | 60.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14% |
