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Independence, WI Real Estate


According to census data in the year 2000 there were 623 housing units in Independence. This represents a 34.6% growth from 463 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 623 were located in what is classified as a rural area.

Homeownership rate in Independence is about 63.7%. Independence's vacancy rate, including seasonal lodging, is about 7.1%. Average household size is 2.16 people.

The majority of houses, apartments or condos in Independence were built after 1947.

Statistics

Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom9.80%
Two Bedrooms30.50%
Three Bedrooms40.30%
Four Bedrooms12.80%
Five Bedrooms or more4.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1948
Median Value of occupied units$62,100
Median Price asked for vacant units$46,700

Rented Homes, Apartments and Condos

Average Household Size1.81
Median year structure was built1940
Median Monthly Rent asked for vacant units$363

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan2.10%
Simple Mortgage38.10%
Debt Free56.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%