Independence, IA Profile: Facts & Data

Independence, Iowa - Basic Facts

The City of Independence had a population of 6,192 as of July 1, 2025.

The primary coordinate point for Independence is located at latitude 42.4686 and longitude -91.8893 in Buchanan County. The formal boundaries for the City of Independence encompass a land area of 6.07 sq. miles and a water area of 0.14 sq. miles. Buchanan County is in the Central time zone (GMT -6).

The City of Independence has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Independence is located within Township of Sumner, a minor civil division (MCD) of Buchanan County.

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Independence, IA Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	6,192 (100%)
Population in Households	6,124 (98.9%)
Population in Families	4,615 (74.5%)
Population in Group Quarters¹	68 ( 1.1%)
Population Density	1,027
Diversity Index²	17


INCOME
Median Household Income	$77,431
Average Household Income	$94,779
% of Income for Mortgage⁴	14%
Per Capita Income	$41,153
Wealth Index⁵	79
Socioeconomic Status Index⁶	Moderate (58.9)

HOUSING
Total HU (Housing Units)	2,906 (100%)
Owner Occupied HU	2,030 (69.9%)
Renter Occupied HU	656 (22.6%)
Vacant Housing Units	220 ( 7.6%)
Median Home Value	$174,057
Average Home Value	$222,494
Housing Affordability Index³	152

HOUSEHOLDS
Total Households	2,686
Average Household Size	2.28
Family Households	1,549
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

2,906 (100%)

Owner Occupied HU

2,030 (69.9%)

Renter Occupied HU

656 (22.6%)

Vacant Housing Units

220 ( 7.6%)

Median Home Value

$174,057

Average Home Value

$222,494

Housing Affordability Index³

152

HOUSEHOLDS

Total Households

2,686

Average Household Size

2.28

Family Households

1,549

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	0.40%	0.13%
Households	0.44%	0.13%
Families		0.04%
Median Household Income		1.37%
Per Capita Income		1.35%
Owner Occupied HU		0.17%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

0.40%

0.13%

Households

0.44%

0.13%

Families

0.04%

Median Household Income

1.37%

Per Capita Income

1.35%

Owner Occupied HU

0.17%

Independence, IA - Peer Comparisons by Rank and Percentile

The table below compares Independence to the other 1,026 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2025 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 64	94th
Population Density	# 264	74th
Median Household Income	# 473	54th
Housing Affordability Index	# 813	79th
Per Capita Income	# 487	53rd
Diversity Index	# 501	51st

Variable Description

Rank

Percentile

Total Population

# 64

94th

Population Density

# 264

74th

Median Household Income

# 473

54th

Housing Affordability Index

# 813

79th

Per Capita Income

# 487

53rd

Diversity Index

# 501

51st

Iowa Census Data Comparison Tool

Independence, IA Profile: Facts & Data

Independence, Iowa - Basic Facts

Independence, IA Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Independence, IA - Peer Comparisons by Rank and Percentile

Independence, IA - Most Popular Things to Do

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Buchanan County