Independence

Population: 3,695
Median household income: $194,205
Median home value: $757,800

Independence is a community in Hennepin County, Minnesota, home to 3,695 residents. At $194,205, its median household income sits above Hennepin County's $96,339.

Between 2019 and 2023, Independence's population declined 2.1% from 3,776 to 3,695, while its median home value rose 50.7% from $502,900 to $757,800.

Owners occupy 91.6% of the area's occupied homes. The median resident is 45.9 years old.

Demographics

ACS 2019–2023

Population: 3,695
Median age: 45.9 yrs
Median household income: $194,205
Median home value: $757,800
Median gross rent: $3,500
Housing units: 1,360
Homeownership rate: 91.6%
Bachelor's degree or higher: 62.9%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

3,7763,695

Median household income

$129,732$194,205

Median home value

$502,900$757,800

Median gross rent

$1,637$3,500

Year	Population	Median household income	Median home value	Median gross rent
2019	3,776	$129,732	$502,900	$1,637
2020	3,778	$180,357	$548,400	$1,637
2021	3,735	$198,242	$587,900	$1,240
2022	3,718	$191,736	$717,900	$1,447
2023	3,695	$194,205	$757,800	$3,500

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 58.1%

5 to 1718.8%

18 to 243.3%

25 to 343.4%

35 to 4413.9%

45 to 5413.9%

55 to 6418.6%

65 to 7412.9%

75 and over7.1%

	Count	Share
Under 5	299	8.1%
5 to 17	694	18.8%
18 to 24	122	3.3%
25 to 34	125	3.4%
35 to 44	514	13.9%
45 to 54	513	13.9%
55 to 64	688	18.6%
65 to 74	477	12.9%
75 and over	263	7.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	3,256	88.1%
Black or African American	53	1.4%
American Indian & Alaska Native	0	0.0%
Asian	65	1.8%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	241	6.5%
Hispanic or Latino (any race)	80	2.2%

Educational attainment (age 25+)

No high school diploma3.1%

High school graduate15.7%

Some college or associate's18.2%

Bachelor's degree41.0%

Graduate or professional degree21.9%

	Count	Share
No high school diploma	81	3.1%
High school graduate	406	15.7%
Some college or associate's	469	18.2%
Bachelor's degree	1,058	41.0%
Graduate or professional degree	566	21.9%

Commute to work

Mean travel time to work: 26 min

Drove alone60.1%

Carpooled11.1%

Public transit0.0%

Walked0.9%

Bicycle0.0%

Worked from home27.0%

Other means0.9%

How workers get to work

	Count	Share
Drove alone	1,103	60.1%
Carpooled	203	11.1%
Public transit	0	0.0%
Walked	17	0.9%
Bicycle	0	0.0%
Worked from home	496	27.0%
Other means	16	0.9%

Travel time

	Count	Share
Under 15 min	139	10.4%
15 to 29 min	667	49.8%
30 to 44 min	360	26.9%
45 to 59 min	159	11.9%
60+ min	14	1.0%

Households

Average household size: 2.78
Poverty rate: 0.5% (18 of 3,695)

	Count	Share
Family households	1,112	84.5%
Nonfamily households	204	15.5%

Housing

Median year structure built: 1989

Occupancy

	Count	Share
Occupied	1,316	96.8%
Vacant	44	3.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,206	91.6%
Renter-occupied	110	8.4%

1-unit, detached94.9%

1-unit, attached1.3%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units3.9%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,290	94.9%
1-unit, attached	17	1.3%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	53	3.9%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2730842
Type (LSAD): 25
Land area: 32 sq mi
Water area: 2.14 sq mi
Center point: 45.0186, -93.7198