HomeOhioCuyahoga CountyIndependence city
Independence city, Ohio: commercial real estate data.
Independence city is a Census city of 7,534 people across 9.53 square miles of land, in Cuyahoga County. Median household income is $115,733, 90.4 percent of occupied homes are owned, and the SBA record carries 26 7(a) approvals to borrowers here worth $12.3 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Independence
What Independence is
- Census place typecity
- Land area9.53 sq mi
- Water area0.1 sq mi
- Population per square mile of land791
- County holding the largest share of its areaCuyahoga 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
- Population7,534
- Median age48.4
- Population under 181,449
- Share under 1819.2 percent
- Population 65 and over1,918
- Share 65 and over25.5 percent
- Households3,121
- Family households2,232
- Share of households that are families71.5 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$115,733
- Per capita income$58,711
- Civilian labor force4,068
- Employed4,009
- Unemployed59 plus or minus 52
- Unemployment rate1.5 percent plus or minus 1.3
- Adults 25 and over5,584
- Adults 25 and over with a high school diploma or higher98.2 percent
- Adults 25 and over with a bachelor degree or higher47.4 percent
- Adults 25 and over with a graduate degree19.4 percent plus or minus 4.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Independence
Housing in Independence
- Housing units3,217
- Occupied units3,121
- Vacant units96 plus or minus 94
- Vacancy rate3.0 percent plus or minus 2.9
- Owner occupied2,822
- Renter occupied299 plus or minus 130
- Ownership rate90.4 percent
- Median owner-occupied home value$309,900
- Median gross rent, monthly$1,383
- Annual rent as a share of median income14.3 percent
- Single family units3,101
- Share single family96.4 percent
- Units in buildings of two or more116 plus or minus 64
- Share in buildings of two or more3.6 percent plus or minus 2.0
- Mobile homes0
- Median year structure built1960
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 commute3,260
- Commuting under 15 minutes962 plus or minus 223
- Share commuting under 15 minutes29.5 percent plus or minus 6.4
- Commuting 30 minutes or more907 plus or minus 217
- Share commuting 30 minutes or more27.8 percent plus or minus 6.2
- Drove alone71.9 percent
- Carpooled8.2 percent plus or minus 4.9
- Public transport0.0 percent
- Walked0.2 percent plus or minus 0.5
- Worked from home18.7 percent plus or minus 5.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Independence
SBA loans in Independence (7(a))
- Approvals26
- Gross approval$12,268,800
- Average approval$471,877
- Median approval$200,000
- Ninetieth percentile approval$550,000
- Largest approval$4,200,000
- Jobs supported391
- Jobs per approval15.0
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more7.7 percent
- Share to franchises26.9 percent
- Distinct lenders8
- Distinct industries by NAICS15
A charge-off rate is not published here. only 4 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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)
- Approvals3
- Gross approval$8,599,000
- Average approval$2,866,333
- Median approval$3,415,000
- Largest approval$4,686,000
- Jobs supported19
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Independence
Flood risk in Independence
- Listed NFIP communities1
- Of those, participating1
- NFIP community number390111
- Currently effective map date12/03/10
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Cuyahoga County, not Independence
Cuyahoga County context, not Independence figures
These are Cuyahoga County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Independence measurements.
- Establishments in Cuyahoga County31,496
- Employment at those establishments, Cuyahoga County681,543
- Covered employment, Cuyahoga County705,152
- Average annual pay, Cuyahoga County$75,134
- Average weekly wage, Cuyahoga County$1,445
- Housing units permitted, Cuyahoga County1,685
- Of those, single family, Cuyahoga County663
- County product, 2024, Cuyahoga County$135,913,887,000
- County product change over the prior year, Cuyahoga County5.1 percent
- Average income of an arriving household, Cuyahoga County$70,762
Every figure in this section is published for Cuyahoga County as a whole and is not a measurement of Independence. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Independence questions, answered from the record.
How many people live in Independence, Ohio?
7,534, in 3,121 households. Independence city covers 9.53 square miles of land, which is 791 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?
Cuyahoga 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?
$115,733. The median owner-occupied home is valued at $309,900. Median gross rent is $1,383 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?
26 7(a) approvals totalling $12.3 m, across 8 lenders, median approval $200,000, plus 3 504 approvals worth $8.6 m. 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 4 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Independence in the National Flood Insurance Program?
Yes. Independence appears in the FEMA Community Status Book as community 390111, 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 labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cuyahoga 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.