Independence, Ohio is a small town with just over 7,000 residents. Retirees can expect to feel welcome, as they make up 21% of the population compared to 14% nationally, while young professionals feature less prominently in the demographics. Overall, the town's population, with an average age of just under 44, is older than most cities in Ohio. Renters tend to be in the minority in Independence, and 93% of residents own their homes. Relatively high rent costs could be playing a role, as the average rent of $919/month is substantially higher than the state average of $811.
Independence has an average commute time of about 23 minutes, quicker than the Ohio average of about 24 minutes. Driving a car or truck is the typical mode of getting to work, selected by 53% of residents, while public transit is not used much. A small percentage of workers commute on foot.
There are three primary industries in Independence: retail, healthcare, and manufacturing. Combined, these industries account for 21% of the labor force in the town. Meanwhile, in terms of job function, many of the town's residents work in management, which ranks as the top field in the town. Independence workers earn an average annual income of just over $105K, more than the average Ohio resident. The town's average income also compares favorably to the national average ($73,345). Compared to the national average (7%), Independence has a large number of residents over the age of 25 with advanced degrees, as 10% possess a Master's or a Doctorate. Furthermore, 20% have a Bachelor's degree, which also outpaces the national average.
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