Independence, IA
6,164Residents
$73,806Median household income
$820/moMedian gross rent
$165,300Median home value
40.9Median age
25%Adults with a bachelor’s degree or higher
72%Homes lived in by their owners
2.2×Home value to household income
Median rent takes about 13% of the median household income in Independence.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $33,000 a year. In Iowa that leaves roughly $2,287 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.