Is Independence, KY growing?

Independence, KY had an estimated 29,392 (±88) residents in 2020–2024, against 27,683 in 2015–2019.

That is a change of +6.2%, a measurable increase.

Its housing went from 9,869 to 10,008 homes (+1.4%), not a measurable change.

5.8% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
29,392 (±88)
Amount of change
+6.2%
Homes change
+1.4%
Built 2020 or later
5.8%

Residents and homes in Independence, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents27,683 (±48)29,392 (±88)+6.2%Measurable increase
Housing units9,869 (±351)10,008 (±343)+1.4%Not a measurable change
Households that rent20.5% (±2.8 points)16.2% (±2.8 points)−4.3 percentage pointsMeasurable decrease
Median gross rent$960 (±$83)$1,250 (±$120)+30.2%No measurable change after inflation
Median home value$173,300 (±$4,528)$263,700 (±$10,671)+52.2%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Growth in Independence against Kenton County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Independence+6.2%Measurable increase+1.4%
Kenton County+3.4%Measurable increase+5.1%
Kentucky+1.9%Measurable increase+2.0%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Independence

Housing units by year built, 2020–2024
Year builtIndependenceKenton CountyKentuckyUnited States
2020 or later5.8% (±2.4 points)2.3%1.8%2.0%
2010 to 201911.1% (±2.2 points)6.2%9.1%9.4%
2000 to 200932.1% (±3.9 points)11.0%14.5%13.6%

16.9% of the homes in Independence were built in 2010 or later.

The median age of residents is 33.7 years.

Growth in places near Independence

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Independence—29,392+6.2%Measurable increase
Edgewood3.6 mi8,447−3.4%Measurable decrease
Elsmere3.9 mi9,205+7.4%Measurable increase
Taylor Mill4.4 mi6,937+2.6%Measurable increase
Fairview4.5 mi120−7.0%Not a measurable change
Crestview Hills4.8 mi3,284−0.5%Not a measurable change
Lakeside Park5.4 mi2,828+2.4%Measurable increase
Covington5.6 mi41,110+1.4%Measurable increase
Florence6.0 mi32,803+1.3%Measurable increase

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Independence

Is Independence growing?

Independence, KY had an estimated 29,392 residents in 2020–2024 and 27,683 in 2015–2019, a change of +6.2%: a measurable increase by the Census Bureau’s test.

How many homes have been added in Independence?

The estimated number of housing units went from 9,869 in 2015–2019 to 10,008 in 2020–2024 (+1.4%), not a measurable change.

How much new construction is there in Independence?

5.8% of homes in Independence were built in 2020 or later and 11.1% between 2010 and 2019.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Independence city, Kentucky (place:39142, in state:21).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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