HomeKentuckyKenton CountyIndependence
Independence, Kentucky: commercial real estate data.
Independence is a Census city of 29,392 people across 17.74 square miles of land, in Kenton County. Median household income is $102,361, 83.8 percent of occupied homes are owned, and the SBA record carries 42 7(a) approvals to borrowers here worth $14.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Independence
What Independence is
- Census place typecity
- Land area17.74 sq mi
- Water area0.24 sq mi
- Population per square mile of land1,657
- County holding the largest share of its areaKenton County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Independence
How many people live in Independence
- Population29,392
- Median age33.7
- Population under 188,198
- Share under 1827.9 percent
- Population 65 and over3,131
- Share 65 and over10.7 percent
- Households9,813
- Family households7,669
- Share of households that are families78.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Independence
Income and work in Independence
- Median household income$102,361
- Per capita income$39,714
- Civilian labor force16,065
- Employed15,368
- Unemployed697 plus or minus 184
- Unemployment rate4.3 percent plus or minus 1.1
- Adults 25 and over18,958
- Adults 25 and over with a high school diploma or higher94.9 percent
- Adults 25 and over with a bachelor degree or higher36.4 percent
- Adults 25 and over with a graduate degree11.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Independence
Housing in Independence
- Housing units10,008
- Occupied units9,813
- Vacant units195 plus or minus 133
- Vacancy rate1.9 percent plus or minus 1.3
- Owner occupied8,227
- Renter occupied1,586
- Ownership rate83.8 percent
- Median owner-occupied home value$263,700
- Median gross rent, monthly$1,250
- Annual rent as a share of median income14.7 percent
- Single family units8,828
- Share single family88.2 percent
- Units in buildings of two or more1,116 plus or minus 297
- Share in buildings of two or more11.2 percent plus or minus 2.9
- Mobile homes37 plus or minus 38
- Median year structure built1999
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Independence
How Independence gets to work
- Workers 16 and over who commute13,061
- Commuting under 15 minutes1,790 plus or minus 382
- Share commuting under 15 minutes13.7 percent plus or minus 2.8
- Commuting 30 minutes or more4,617
- Share commuting 30 minutes or more35.3 percent
- Drove alone78.7 percent
- Carpooled5.5 percent plus or minus 1.6
- Public transport0.2 percent plus or minus 0.2
- Walked0.4 percent plus or minus 0.4
- Worked from home13.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Independence
SBA loans in Independence (7(a))
- Approvals42
- Gross approval$14,175,700
- Average approval$337,517
- Median approval$50,450
- Ninetieth percentile approval$725,000
- Largest approval$5,000,000
- Jobs supported253
- Jobs per approval6.0
- Loans with a final outcome13
- Paid in full13
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises14.3 percent
- Distinct lenders9
- Distinct industries by NAICS20
Counted by borrower city: approvals to borrowers whose address is in Independence, in any county, FY2020 to FY2026. Only 13 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Independence
SBA loans in Independence (504)
- Approvals2
- Gross approval$5,047,000
- Average approval$2,523,500
- Median approval$2,523,500
- Largest approval$4,835,000
- Jobs supported14
- Loans with a final outcome0
- Charged off0
- Median term270 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Independence, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Independence
Flood risk in Independence
- NFIP communityCity of Independence
- NFIP community number210240
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date05/16/13
The City of Independence participates in the National Flood Insurance Program as community 210240 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Kenton County, not Independence
Kenton County context, not Independence figures
- Establishments in Kenton County3,297
- Covered employment, Kenton County74,672
- Average annual pay, Kenton County$71,985
- Housing units permitted, Kenton County699
Every figure in this section is published for Kenton County as a whole and is not a measurement of Independence.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Independence questions, answered from the record.
How many people live in Independence, Kentucky?
29,392, in 9,813 households. Independence city covers 17.74 square miles of land, which is 1,657 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Independence in?
Kenton County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Independence?
$102,361. The median owner-occupied home is valued at $263,700. Median gross rent is $1,250 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Independence businesses?
42 7(a) approvals totaling $14.2 m since FY2020, across 9 lenders, median approval $50,450, plus 2 504 approvals worth $5.0 m since FY2010. These count approvals to borrowers whose address is in Independence, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Independence borrowers get paid back?
No rate is published for Independence. Only 13 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Independence in the National Flood Insurance Program?
Yes. Independence appears in the FEMA Community Status Book as Independence, city of, community 210240, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Independence figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Kenton County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Independence.
Is zoning published for Independence?
No. Nothing on this page presents parcel level zoning.