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Independence, MN Real Estate

Independence, Minnesota is located in Hennepin County. Nearby cities and towns include Maple Plain, Delano, Loretto, Rockford, Greenfield, Medina, Minnetrista, Mound, Spring Park, Orono, Long Lake, Watertown, Minnetonka Beach, St. Bonifacius, Corcoran, Tonka Bay, Hanover, Shorewood, Wayzata, Woodland, Excelsior, Greenwood, Montrose, Deephaven, Victoria, Plymouth, St. Michael, Mayer, Waverly, Buffalo, Waconia, Maple Grove, Chanhassen, Minnetonka, Rogers, Medicine Lake, Albertville, Chaska, New Hope, New Germany, Dayton, Hopkins, Osseo, Crystal, Eden Prairie, Golden Valley, Winsted, Otsego, St. Louis Park, Howard Lake, Cologne, Robbinsdale, Brooklyn Park, Carver, Champlin, Lester Prairie, Edina, Brooklyn Center, Monticello, Norwood Young America, Anoka, Shakopee, Maple Lake, Ramsey, Minneapolis, Coon Rapids, Big Lake, Fridley, Hilltop, Elk River, Columbia Heights, Richfield, Bloomington, Spring Lake Park, Hamburg, Plato, Cokato, St. Anthony, Silver Creek, Prior Lake, Andover, Lauderdale, New Brighton, and Jordan. Independence is a suburban community with a population of 3,569. The median household income is $97,684. In Independence, 59% of residents are married, and families with children reside in 37% of the households. Half the population of Independence commutes 26 minutes or less to work, with 56% of residents holding white collar jobs and 44% residents holding blue collar jobs. The median age of homes in Independence, MN is 26 years, with 80% of those homes owned, 15% rented, and 6% not occupied. In the previous year, 47 Independence properties were sold. The median sale price of a home in Independence in the previous year was $438,149.

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Independence, MN Local Market & Demographic Data

Married vs. single

Independence, MN
  • 41% Single
  • 59% Married
Minnesota
  • 47% Single
  • 53% Married

Male VS. Female

Independence, MN
  • 49% Female
  • 51% Male
Minnesota
  • 50% Female
  • 50% Male

Average Age of Citizens in Independence, MN

  • 41
  • 38
  • Independence, MN
  • Minnesota

Average Age of Homes in Independence, MN

  • 26
  • 31
  • Independence, MN
  • Minnesota

Vacant Homes in Independence, MN

  • 6%
  • 12%
  • Independence, MN
  • Minnesota

Average INCOME of Citizens

  • $110,520
  • $75,284
  • Independence, MN
  • Minnesota

Owned Homes vs. Rented Homes

Independence, MN
  • 80% Owned
  • 15% Rented
Minnesota
  • 63% Owned
  • 25% Rented