Can you afford to live in INDEPENDENCE?
Median household income, home values and rent in INDEPENDENCE, MO — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.
U.S. Census Bureau, American Community Survey 5-year estimates.
This story was assembled using AI and public data sources.
What it costs to live in INDEPENDENCE.
Median household income: $59,480 — +36.8% since 2015 (not adjusted for inflation)
Median gross rent: $1,061/mo — +36.9% since 2015
Median home value, 2015 to 2023
- 2015: 98600
- 2023: 166400
Median household income
- INDEPENDENCE: 59480
- Jackson County: 67178
- MO: 68920
- U.S.: 78538
Median gross rent
- INDEPENDENCE: 1061
- Jackson County: 1151
- MO: 996
- U.S.: 1348
Share of income a typical renter spends on rent: 29.8% — U.S.: 30.2%
What it means
The typical household here earns $59,480 — notably lower than the national figure of $78,538.
The typical renter here spends 29.8% of household income on rent, below the 30% cost-burden line.
Since 2015, rent has risen faster than income here (+36.9% versus +36.8%), before adjusting for inflation.
Sources
- U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — Population, income, housing, education, commuting and poverty figures
- Census Bureau API — ACS Detailed Tables — The endpoint these pages are generated from
- data.census.gov — Look up the same tables for any place yourself
- ACS accuracy statement — Estimates carry margins of error; small places vary the most
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