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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 12.20% |
| Three Bedrooms | 52.50% |
| Four Bedrooms | 29% |
| 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
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 12.50% |
| Simple Mortgage | 33.50% |
| Debt Free | 48.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
