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These days, finding an affordable place to live in the Independence area can be challenging. Home prices in Independence are now at a median cost of $407,462, higher than the Texas average of $322,096.
The average cost of rent is $1,096/mo in Independence, primarily driven by the current value of real estate in the Independence area. In Independence, 15.02% of households rent, and 59.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Independence is $10,095 per month. Households that rent pay about 10.85% of their income on rent here. Independence’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sandy Hill, TX: equally priced homes
- William Penn, TX: less expensive homes
- Clay, TX: less expensive homes
- Gay Hill, TX: less expensive homes
- Cawthon, TX: higher priced homes
- Washington, TX: less expensive homes
- Wilcox, TX: less expensive homes
- Snook, TX: less expensive homes
- Millican, TX: higher priced homes
- Somerville, TX: less expensive homes
Cities with Similar Populations
- Foots Corners, NY: less expensive homes
- South Danby, NY: less expensive homes
- South Bombay, NY: less expensive homes
- Smithville, IL: less expensive homes
- Good Hope, MS: less expensive homes
- Geraldine, MT: less expensive homes
- Fort Lonesome, FL: equally priced homes
- Forked River Beach, NJ: equally priced homes
- Forestville, PA: less expensive homes
- Forest Grove, FL: less expensive homes
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