According to statistics, the population in Independence, OR amounts to 9,246, which shows growth 3% compared to the previous year. The median age of the city’s residents is 28. The average household income is $48,283, shifting growth 13% from the past year, and the average property value in Independence, OR growth 8% to $162,600 throughout the year.
|Number Of Employees||4,009|
|Median Property Value||$162,600|
The average household income in Independence, OR grew from $42,746 to $48,283 in the past year. This data is an estimate based upon 3,323 households in Independence, OR . The chart below presents how household income is distributed in Independence, OR in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Independence, OR shifted from $150,300 to $162,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Independence, OR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Independence, OR properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Independence, OR compared to median property taxes around the country. The prevalent amount of property taxes in Independence, OR equals $2500, which is less than the national average.
|Apr||vs Last Month|
|4+ bed apartments||$620,000||N/A|
During April 2023, the average price for an apartment in/near Independence, OR increased by 20.9% to $519,000.
The average price of the land for sale in Independence, OR has not changed significantly since last month, being $320,000. A 3-bed apartment goes for $451,666, it decreased by 1.1% lately. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $620,000 for a big-family home.
|Apr||vs Last Month|
|Houses for sale||$519,000||+13.6%|
Price reports demonstrate that house price increased by 13.6% this month making it up to $519,000.