Independence, IN
Population 37 · Indiana
About Independence, IN
Independence is a small community located in Indiana with a population of 37 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 64.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Independence features a median home value of $0, which is 100% below the national median of $244,900. This makes Independence one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 26 total housing units, 100% are owner-occupied (26 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Independence shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Independence have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Independence residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Independence, IN
Compared to national averages, Independence has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Independence's income is 100% below the state average of $69,330, and home values are 100% below the state median of $163,409.
Why Live in Independence, IN?
Independence offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Independence’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Independence has a population of 37 with a median age of 64.4 years. Compare Independence with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Independence
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Elizaville | 37 | $0 | $0 | Compare |
| Lake View | 36 | $0 | $0 | Compare |
| Alton | 35 | $65,114 | $215,900 | Compare |
| Lake Cicott | 35 | $0 | $0 | Compare |
| Alamo | 40 | $51,250 | $60,000 | Compare |
| Teegarden | 34 | $0 | $0 | Compare |
| Westphalia | 34 | $0 | $0 | Compare |
| Alfordsville | 33 | $46,875 | $122,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Independence With Other Cities
Frequently Asked Questions about Independence
What is the population of Independence, IN?
The population of Independence, IN is 37 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Independence?
The median household income in Independence, IN is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Independence?
The median home value in Independence, IN is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Independence?
The median monthly rent in Independence, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Independence?
The unemployment rate in Independence, IN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Independence, IN a good place to live?
Independence offers a moderate cost of living, affordable housing, and a strong job market. With a population of 37 and a median age of 64.4, the city appeals to established professionals and retirees.
How educated is Independence, IN?
0.0% of residents in Independence aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Independence?
Key cost-of-living indicators for Independence, IN: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Independence?
The poverty rate in Independence, IN is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Independence, IN?
Independence's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.