Here's what it costs to live in Independence, Missouri, based on the latest US government data. Renters pay a median of $1,109 per month, while the typical home is valued around $172,900. Households earn a median of $60,339 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.
$60,339
Median Income / yr
Census ACS
$1,109
Median Rent / mo
Census ACS
$172,900
Median Home Value
Census ACS
N/A
Cost of Living Index
1BR Fair Market Rent
N/A
HUD · FY2024
2BR Fair Market Rent
N/A
HUD · FY2024
3BR Fair Market Rent
N/A
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD 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
121,740
Latest estimate
Median Age
39 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
13
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,086
Per month
Avg Home Value
$168,485
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 64015 | — | $1,117 | $231,400 |
| ZIP 64016 | — | $989 | $200,200 |
| ZIP 64050 | — | $867 | $128,700 |
| ZIP 64052 | — | $1,064 | $114,200 |
| ZIP 64053 | — | $942 | $73,300 |
| ZIP 64054 | — | $1,019 | $87,900 |
| ZIP 64055 | — | $1,052 | $162,200 |
| ZIP 64056 | — | $1,130 | $159,100 |
| ZIP 64057 | — | $1,152 | $219,300 |
| ZIP 64058 | — | $1,050 | $175,100 |
Showing top 10 of 13 tracked neighborhoods.
January Avg
29°F
July Avg
78°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Temperate · Source: NOAA/NCEI 30-year normals.
Healthcare Score
30.1
poor
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
87.4%
The cost of living index for Independence is not yet available.
The median gross rent in Independence is $1,109 per month according to US Census ACS data.
The median household income in Independence is $60,339 per year.
The median home value in Independence is $172,900 based on the latest Census ACS survey.
Air quality data for Independence is not yet available.
Tax data for Missouri is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology