HomeOregonPolk CountyIndependence city
Independence city, Oregon: commercial real estate data.
Independence city is a Census city of 10,199 people across 3.01 square miles of land, in Polk County. Median household income is $85,375, 54.6 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $2.6 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Independence
What Independence is
- Census place typecity
- Land area3.01 sq mi
- Water area0.11 sq mi
- Population per square mile of land3,394
- County holding the largest share of its areaPolk 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
- Population10,199
- Median age30.7
- Population under 182,304
- Share under 1822.6 percent
- Population 65 and over1,099
- Share 65 and over10.8 percent
- Households3,151
- Family households2,137
- Share of households that are families67.8 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$85,375
- Per capita income$31,794
- Civilian labor force5,639
- Employed5,420
- Unemployed219 plus or minus 173
- Unemployment rate3.9 percent plus or minus 3.1
- Adults 25 and over5,890
- Adults 25 and over with a high school diploma or higher86.5 percent
- Adults 25 and over with a bachelor degree or higher27.0 percent plus or minus 5.5
- Adults 25 and over with a graduate degree6.2 percent plus or minus 2.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Independence
Housing in Independence
- Housing units3,195
- Occupied units3,151
- Vacant units44 plus or minus 70
- Vacancy rate1.4 percent plus or minus 2.2
- Owner occupied1,721
- Renter occupied1,430
- Ownership rate54.6 percent
- Median owner-occupied home value$378,800
- Median gross rent, monthly$1,665
- Annual rent as a share of median income23.4 percent
- Single family units1,920
- Share single family60.1 percent
- Units in buildings of two or more1,135 plus or minus 300
- Share in buildings of two or more35.5 percent plus or minus 8.9
- Mobile homes69 plus or minus 50
- 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 commute4,597
- Commuting under 15 minutes1,209 plus or minus 290
- Share commuting under 15 minutes26.3 percent plus or minus 6.0
- Commuting 30 minutes or more1,887 plus or minus 392
- Share commuting 30 minutes or more41.0 percent
- Drove alone73.2 percent
- Carpooled11.3 percent plus or minus 5.2
- Public transport0.0 percent
- Walked1.2 percent plus or minus 1.1
- Worked from home13.2 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Independence
SBA loans in Independence (7(a))
- Approvals14
- Gross approval$2,612,500
- Average approval$186,607
- Median approval$30,000
- Ninetieth percentile approval$1,012,500
- Largest approval$1,080,000
- Jobs supported45
- Jobs per approval3.2
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises0.0 percent
- Distinct lenders5
- Distinct industries by NAICS13
A charge-off rate is not published here. only 3 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)
- Approvals2
- Gross approval$2,606,000
- Average approval$1,303,000
- Median approval$2,260,000
- Largest approval$2,260,000
- Jobs supported28
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Polk County, not Independence
Polk County context, not Independence figures
These are Polk 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 Polk County1,587
- Employment at those establishments, Polk County16,046
- Covered employment, Polk County21,937
- Average annual pay, Polk County$52,263
- Average weekly wage, Polk County$1,005
- Housing units permitted, Polk County177
- Of those, single family, Polk County151
- County product, 2024, Polk County$3,143,407,000
- County product change over the prior year, Polk County14.1 percent
- Average income of an arriving household, Polk County$63,699
Every figure in this section is published for Polk 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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, Oregon?
10,199, in 3,151 households. Independence city covers 3.01 square miles of land, which is 3,394 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?
Polk 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?
$85,375. The median owner-occupied home is valued at $378,800. Median gross rent is $1,665 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?
14 7(a) approvals totalling $2.6 m, across 5 lenders, median approval $30,000, plus 2 504 approvals worth $2.6 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 3 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.
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 Polk 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.
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