Independence city, Kentucky Demographics & Population 2026
As of 2026, Independence city, Kentucky has a total population of 29,024, the 12th largest city in Kentucky, with a median household income of $98,653, which is 58% higher than the state average. The poverty rate is 8.5%.
Key Takeaways
- Household income is 58% above the state average — one of the wealthiest communities in Kentucky.
- Housing is very affordable with a home-value-to-income ratio of just 2.4x.
Independence city Quick Facts
How Independence city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 31 | National average: 60
Education
Educational Attainment (Adults 25+)
Independence city Rankings in Kentucky
Explore Kentucky Rankings
Cities Similar to Independence city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Jeffersontown city | 28,988 | $78,185 | $236,800 | 38.9% | 6.8% |
| Nicholasville city | 31,625 | $67,514 | $210,700 | 27.0% | 12.4% |
| Florence city | 32,334 | $68,508 | $196,200 | 26.3% | 9.7% |
| Frankfort city | 28,452 | $54,438 | $171,600 | 27.9% | 18.7% |
| Elizabethtown city | 31,870 | $56,250 | $223,200 | 28.3% | 15.7% |
Population Overview
Independence city is a mid-sized community located in Kentucky. The total population is 29,024. It ranks as the 12th most populous out of 552 cities and towns in Kentucky.
Age Demographics
The median age in Independence city is 34.8 years. This is 11% lower than the state median of 39.1 years.
Economy, Income & Housing
The median household income in Independence city is $98,653. This is 58% higher than the state median of $62,417. Compared to the national median of $78,538, household income here is 26% higher. The poverty rate stands at 8.5%. This is 48% lower than the state poverty rate of 16.1%. The unemployment rate is 2.8%. This is 42% lower than the state rate of 4.8%. The median home value is $240,500. Housing costs are 25% higher than the state median of $192,300. With a home-value-to-income ratio of just 2.4x, Independence city is one of the most affordable housing markets in the area. 82.4% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 68.3%.
Race & Ethnicity
Independence city has a predominantly White (non-Hispanic) population, comprising 92.3% of all residents. Hispanic or Latino residents account for 2.0%. The Black or African American population (1.7%) is well below the state average of 7.8%. The Hispanic or Latino population (2.0%) is well below the state average of 4.7%.
Education
37.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% higher than the state rate of 27.0%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.2%.
Data Sources & Methodology
All demographic data for Independence city, Kentucky is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Independence city, Kentucky?
Independence city, Kentucky has a population of 29,024 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Independence city, KY?
The median household income in Independence city is $98,653, which is 26% higher the national median of $78,538.
What is the poverty rate in Independence city, KY?
The poverty rate in Independence city is 8.5%. This means approximately 2,449 residents live below the federal poverty line.
What is the racial makeup of Independence city, Kentucky?
Independence city's population is 92.3% White, 1.7% Black, 2.0% Hispanic/Latino, and 1.0% Asian.
What is the median home value in Independence city, KY?
The median home value in Independence city is $240,500. The home-value-to-income ratio is 2.4x.
How educated is Independence city, Kentucky?
37.3% of adults (25+) in Independence city hold a bachelor's degree or higher, and 11.5% hold a graduate or professional degree.