The Fundamentals: Independence

The typical household size in Independence, MN is 3.The typical household size in Independence, MN is 3.64 family members members, with 96.1% owning their very own dwellings. The average home value is $502430. For people paying rent, they pay out an average of $1637 per month. 60.7% of households have 2 incomes, and the average domestic income of $129732. Median income is $44656. 3.1% of inhabitants live at or beneath the poverty line, and 14.3% are disabled. 4.9% of inhabitants are ex-members regarding the US military.

Independence, MN is situated in Hennepin county, and has a population of 3803, and rests within the higher Minneapolis-St. Paul, MN-WI metropolitan area. The median age is 44.8, with 11.3% regarding the populace under ten years old, 19.4% between ten-19 years old, 6.9% of residents in their 20’s, 8.3% in their thirties, 13.5% in their 40’s, 20.3% in their 50’s, 7.1% in their 60’s, 8.9% in their 70’s, and 4.3% age 80 or older. 47.9% of residents are men, 52.1% female. 60.6% of citizens are reported as married married, with 7.2% divorced and 24.3% never married. The percent of people confirmed as widowed is 8%.

The work force participation rate in Independence is 62%, with an unemployment rate of 1.2%. For everyone into the labor force, the average commute time is 27.2 minutes. 13% of Independence’s community have a masters degree, and 37.4% posses a bachelors degree. Among those without a college degree, 28.8% have at least some college, 16.8% have a high school diploma, and just 4% have received an education significantly less than senior high school. 2.2% are not covered by medical health insurance.

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