Independence 70 Good
Independence Livability #152 ranked city in Kentucky#7,403 ranked city in the USARanks better than 74% of areas

Pros and Cons of Living in Independence

PROS
  • Cost Of Living

    Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.

  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

  • Ratings

    Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.

CONS
  • Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

  • Health & Safety

    Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.

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What's it like Living in Independence?

Located in the state of Kentucky, Independence is a moderately-sized city with a population of 28,119 inhabitants. The majority of Independence residents report their race to be White; this is followed by Black and Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Independence is the right fit for you, your one way commute time will average 28 minutes, which is about average when compared to the national commute time of 26 minutes.

If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a fulfilling experience if you are willing to get to know the area before actually living in Independence, Kentucky. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Independence, AreaVibes has created a livability score using key metrics like amenities, health & safety, employment and more.

With a livability score of 69 out of 100, Independence is ranked #6,965 in the United States and #147 in Kentucky. For each of the livability categories, we can establish that Independence ranks very well for crime (A+), cost of living (A+), education (B), employment (A+) and housing (A+). Independence does not score well for the following: amenities (F). It might be a good idea to take a closer look at each category to find out why.

Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Independence has a violent crime rate of 68 crimes per 100,000 residents which is far lower than the national average.

Unemployment rates can range pretty dramatically from one city to another. Knowing that Independence has an unemployment rate of 2.3% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Independence excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Independence real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Independence. Median real estate prices in Independence come in at $179,700, which is 42.5% higher than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Independence, the home price to income ratio is 2.3, which is 17.9% lower than the Kentucky average.

Best Places to Live in and Around Independence

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Compare Independence, KY Livability

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      Independence transportation information

      Statistic Independence Kentucky National
      Average one way commute28min23min26min
      Workers who drive to work84.0%82.2%76.4%
      Workers who carpool9.6%9.7%9.3%
      Workers who take public transit0.4%1.1%5.1%
      Workers who bicycle0.0%0.2%0.6%
      Workers who walk0.3%2.4%2.8%
      Working from home3.8%3.3%4.6%
      Source: The Independence, KY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).