Everything You Need to Know About the City of Independence Missouri

In 2017, Independence, MO had a population of 117k people with a median age of 40.6 and a median household income of $46,268 dollars. Between 2016 and 2017 the population of Independence, Missouri grew from 117,217 to 117,369, a 0.13 percent increase and its median household income grew from $44,415 dollars to $46,268 dollars, a 4.17 percent increase.

The population of Independence, MO is 77.9 percent White Alone, 9.8 percent Hispanic or Latino, and 7.11 percent Black or African American Alone. N/A% of the people in Independence, MO speak a non-English language, and 97.1 percent are U.S. citizens.

The largest universities in Independence, MO are National American University-Independence (46 degrees awarded in 2017) and Independence College of Cosmetology (19 degrees).

The median property value in Independence, MO is $102,800 dollars, and the homeownership rate is 61.1 percent. Most people in Independence, MO commute by Drove Alone, and the average commute time is 24 minutes. The average car ownership in Independence, MO is 2 cars per household.


Education in Independence

In 2017, universities in Independence, MO awarded 65 degrees. The student population of Independence, MO is skewed towards women, with 56 male students and 264 female students.

Most students graduating from Universities in Independence, MO are White (49 and 75.4 percent), followed by Black or African American (12 and 18.5 percent), Asian (1 and 1.54 percent), and Hispanic or Latino (1 and 1.54 percent).

The largest universities in Independence, MO by the number of degrees awarded are National American University-Independence (46 and 70.8 percent) and Independence College of Cosmetology (19 and 29.2 percent).

The most popular majors in Independence, MO are Aesthetician & Skin Care Specialist (12 and 18.5 percent), Occupational Therapist Assistant (8 and 12.3 percent), and General Business Administration & Management (8 and 12.3 percent).

The median tuition costs in Independence, MO are $N/A for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.


Economy in Independence

The economy of Independence, MO employs 54k people and Independence has an unemployment rate of 4.2 percent. Independence has seen the job market increase by 1.4 percent over the last year. Future job growth over the next ten years is predicted to be 28.5 percent, which is lower than the US average of 33.5 percent. The largest industries in Independence, MO are Health Care & Social Assistance (7,073 people), Manufacturing (6,337 people), and Retail Trade (7,046 people) and the highest paying industries are Utilities ($68,958 dollars), Information ($47,197 dollars), and Agriculture, Forestry, Fishing & Hunting, & Mining ($46,029 dollars).

Households in Independence, MO have a median annual income of $46,268 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $44,415 dollars in 2016, which represents a 4.17 percent annual growth.


Tax Rates for Independence

– The Sales Tax Rate for Independence is 7.9 percent.

– The Income Tax Rate for Independence is 5.9 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.


Income and Salaries for Independence

– The average income of an Independence resident is $23,390 dollars a year. 

– The Median household income of an Independence resident is $44,038 dollars a year.