Independence is located in east Iowa. Independence is part of Buchanan County. Independence has 6.08 square miles of land area and 0.14 square miles of water area. As of 2010-2014, the total Independence population is 5,955, which has shrunk 0.98% since 2000. The population growth rate is much lower than the state average rate of 5.19% and is much lower than the national average rate of 11.61%. Independence median household income is $51,169 in 2010-2014 and has grown by 39.98% since 2000. The income growth rate is higher than the state average rate of 33.56% and is higher than the national average rate of 27.36%. Independence median house value is $112,000 in 2010-2014 and has grown by 48.15% since 2000. The house value growth rate is lower than the state average rate of 53.09% and is about the same as the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Independence is much better than the state average in quality. The Independence area code is 319.