Living in Independence, Mississippi

Cost of living, income, home prices, rent and demographics of Independence · Census data 2020–2024

Independence has 133 residents with a median age of 80.8. The median home value is $115,100.

Independence is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Independence at a glance

Population
133
Median age
80.8State: 38.6
Median home value
$115,100State: $169,800
Homeowners
100%
Bachelor's degree or higher
12.1%

Is Independence a good place to live?

Pros: Home values 32% lower than the state median.

Cons: A poverty rate of 48.1%.

The weather is best in April–May and September–October.

Cost of living in Independence

Housing is the biggest part of the cost of living. In Independence the median home value is $115,100, 65% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.

Median home value

Independence$115,100
Mississippi$169,800
United States$332,700

Median monthly rent

Mississippi$954
United States$1,413

Housing in Independence: homes for sale and rent

Housing units
94
Owner-occupied
100%
Renter-occupied
0%
Vacant
0%Includes seasonal homes
Median year built
1977
Average household size
1.41

Independence demographics

Population
133
Median age
80.8
Under 18
0%
65 and older
69.2%
Households
94
Foreign-born
0%
Veterans
0%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Independence ›

Education in Independence

12.1% of adults 25 and older in Independence have a bachelor's degree or higher (Mississippi: 25.1%), and 12.1% have a graduate or professional degree.

Bachelor's degree or higher

Independence12.1%
Mississippi25.1%
United States35.7%

Jobs and commute in Independence

Unemployment rate
0%State: 5.8%
Average commute
—State: 26 min
Work from home
0%
Drive alone
100%
Public transit
0%
Walk to work
0%
Homes with broadband
22.3%

Independence vs nearby towns

TownPopulationMedian incomeHome valueRent
Independence133—$115,100—
Coldwater1,156$44,054$91,300—
Senatobia8,380$54,167$212,100$895
Byhalia1,588$38,500$133,100$439
Bridgetown3,195$139,224$344,500—
Victoria1,121$70,143$209,100—
Hernando17,949$76,950$315,900$1,302
Como1,258$21,404$180,600—
Olive Branch47,019$100,606$290,000$1,829

More for people moving to Independence

Independence ZIP code ›Weather and climate ›

Living in Independence: FAQ

What is the average home price in Independence?

The median home value in Independence is $115,100, compared with $169,800 in Mississippi.

Is Independence, MS a good place to live?

Pluses: home values 32% lower than the state median. Minuses: a poverty rate of 48.1%.

What is the median age in Independence?

The median age in Independence is 80.8 years (Mississippi: 38.6).

What is the unemployment rate in Independence?

The unemployment rate in Independence is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Independence?

12.1% of adults in Independence have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

Last updated: