Independence, MN Overview

Summary

Population Growth (since 2000)5%
Population Density (ppl / mile)117.00
Household Size (ppl)2.692
Households w/ Children32%

Housing Stability

Annual Residential Turnover12%
5+ Years in Residency39%
Median Year in Residency3.82

Housing Inventory

Independence, MN Housing Inventory 682021,1411,141682021,141

Market Overview

33 listings with an estimated median price of $699,900

PriceCount
$100K - 200K2
$200K - 300K3
$300K - 400K1
$400K - 500K2
$500K - 600K5
$600K - 700K4
$700K - 800K2
$800K - 900K3
$900K - 1M4
$1M - Max7
Property TypeCount
Single Family19
Lots and Land14

(Data as of 7/5/2020)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Independence, MN Population Demographics

Total: 3,778

Households:1,342

Median Age: 47.92

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Independence, MN Temperature

Weather Risk

Independence, MN Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Independence, MN Education Climate Index

Highest Education Level Attained

Independence, MN Highest Education Level Attained 58264325353122647895826435312264

Employment and Finance

Workforce

Independence, MN Workforce

Income by dollar range (Median Income: $99,010)

Independence, MN Income by dollar range 211224324333454260118991491731711238010910

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$656
One Bedroom
$813
Two Bedroom
$1,027
Three Bedroom
$1,444
Four Bedroom
$1,693

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
No
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Independence, MN Crime

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