The Town of Independence had a population of 907 as of July 1, 2020.
The primary coordinate point for Independence is located at latitude 36.6223 and longitude -81.1509 in Grayson County. The formal boundaries for the Town of Independence encompass a land area of 2.34 sq. miles and a water area of 0 sq. miles. Grayson County is in the Eastern time zone (GMT -5). The elevation is 2,680 feet.
The Town of Independence (GNIS ID: 2391239) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
|Total Population||907 (100%)|
|Population in Households||713 (78.6%)|
|Population in Families||552 (60.9%)|
|Population in Group Quarters1||194 (21.4%)|
|Median Household Income||$37,244|
|Average Household Income||$46,433|
|% of Income for Mortgage4||11%|
|Per Capita Income||$19,310|
|Total HU (Housing Units)||529 (100%)|
|Owner Occupied HU||269 (50.9%)|
|Renter Occupied HU||157 (29.7%)|
|Vacant Housing Units||103 (19.5%)|
|Median Home Value||$99,272|
|Average Home Value||$151,498|
|Housing Affordability Index3||240|
|Average Household Size||1.67|
|Average Family Size||2|
GROWTH RATE / YEAR
|Median Household Income||0.86%|
|Per Capita Income||1.16%|
|Owner Occupied HU||-0.37%|
The table below compares Independence to the other 593 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 383||36th|
|Population Density||# 400||33rd|
|Median Household Income||# 521||12th|
|Housing Affordability Index||# 518||87th|
|Per Capita Income||# 549||8th|
|Diversity Index||# 195||67th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.