Independence is a medium-sized city located in the state of Kentucky. With a population of 29,326 people and six associated neighborhoods, Independence is the 11th largest community in Kentucky. There's nothing like the smell of a brand new house, and in Independence, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Independence, and putting down their money on brand new construction. Independence’s real estate is, on average, some of the newest in the nation. Independence does seem to be experiencing an influx of affluent people, because the median household income is $92,355.00.
Independence real estate is some of the most expensive in Kentucky, although Independence house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Independence has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Independence telecommute to their jobs. Overall, about 9.17% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Independence is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Independence’s overall crime rate is lower than average for the country.
The population of Independence is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 35.68% of adults in Independence have a bachelor's degree or even advanced degree.
The per capita income in Independence in 2022 was $37,415, which is wealthy relative to Kentucky, and upper middle income relative to the rest of the US. This equates to an annual income of $149,660 for a family of four. However, Independence contains both very wealthy and poor people as well.
The people who call Independence home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Independence residents report their race to be White, followed by Asian. Important ancestries of people in Independence include German, Irish, English, European, and French.
The most common language spoken in Independence is English. Other important languages spoken here include Spanish and Japanese.