Here's what it costs to live in Independence, Kentucky, based on the latest US government data. Renters pay a median of $1,250 per month, while the typical home is valued around $263,700. Households earn a median of $102,361 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$102,361
Annual · Census ACS
Median Gross Rent
$1,250
Per month · Census ACS
Median Home Value
$263,700
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
1BR Fair Market Rent
N/A
HUD FMR
2BR Fair Market Rent
N/A
HUD FMR
3BR Fair Market Rent
N/A
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
29,392
Latest estimate
Median Age
33.7 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,291
Per month
Avg Home Value
$195,167
Census ACS
January Avg
31°F
July Avg
76°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
51.1
fair
Hospitals
175
Doctors per 1,000
1.00
Insurance Coverage
96.2%
What is the cost of living index for Independence?
The cost of living index for Independence is not yet available in our database.
What is the median rent in Independence?
The median gross rent in Independence is $1,250 per month according to US Census ACS data.
What is the median household income in Independence?
The median household income in Independence is $102,361 per year.
What is the median home value in Independence?
The median home value in Independence is $263,700 based on the latest Census ACS survey.
How is the air quality in Independence?
Air quality data for Independence is not yet available.
What are the taxes like in Independence?
Tax data for Kentucky is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
