Independence, IA Employment - Median Household Income, Unemployment Rate

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B

2%

Income/capita NAT. AVG.

6%

Household income NAT. AVG.

70%

Unemployment NAT. AVG.

Index	Independence	Iowa	National
Income per capita	$30,339	$28,872	$29,829
Median household income	$58,631	$54,570	$55,322
Median income owner occupied	$76,280	$66,527	$70,586
Median income renter occupied	$27,458	$30,828	$35,192
Median earnings male	$36,131	$37,409	$36,919
Median earnings female	$31,098	$25,115	$26,250
Unemployment rate	1.4%	3.1%	4.7%
Poverty level	8.2%	12.3%	15.1%

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Key findings

The income per capita in Independence is 2% higher than the national average
The median household income in Independence is 6% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Independence is 70% lower than the national average
The poverty level in Independence is 46% lower than the national average

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am i middle class

$39,083 $58,631 $117,262

City

$36,376 $54,570 $109,140

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Independence median earnings by income bracket

Independence employment by industry

Labour Type	Male	Female
Construction industry	11.4%	11.4%
Manufacturing sector	34.6%	34.6%
Financial & insurance services	4.8%	4.8%
Wholesale & retail services	16.0%	16.0%
Public administration	7.8%	7.8%
Transportation, warehousing & utilities	1.3%	1.3%
Education, health & social services	7.8%	7.8%
Other	16.3%	16.3%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Jesup, IA	2,725	$80,568	45.6%
Mount Auburn, IA	157	$75,298	36.1%
Walker, IA	888	$74,375	34.4%
Fairbank, IA	1,406	$72,500	31.1%
Dunkerton, IA	983	$69,205	25.1%
Independence, IA	6,085	$58,631	6.0%

Cities with similar population

City	Population	Household Income	National Avg.
McMasterville, QC	6,085	n/a
Violet, LA	6,086	$40,378	27.0%
Princeton, KY	6,087	$45,047	18.6%
Southwest Middlesex, ON	6,087	n/a
Pictou, Subd. B, NS	6,082	n/a
Independence, IA	6,085	$58,631	6.0%

Source: The Independence, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).