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Independence: Economy & Jobs

$60,339 is the median household income in Independence (1.1× below Jackson County median $68,577; 1.2× below Missouri median $70,702), with homes at a median value of $172,900. The surrounding county supports 111,855 jobs (avg $63,093).

Income & Affordability

Median household income $60,339 — below the Missouri median ($66,498). Poverty rate 15.8% (U.S. average ~12.5%). 45% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income2.9×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income21.1%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened45.0%
Affordability · Poverty Rate15.8%
Affordability · Property Tax Pct Income3.2%
Irs Income · IRS tax returns filed$124,300
Irs Income · Total Adjusted Gross Income (thousands)$10,281,890
Irs Income · Average AGI per return$82,718 (vs Missouri $81,145)
Irs Income · Year2022
Income Estimate$67,778
Median Household Income$60,339 (vs Missouri $66,498)
Poverty Rate15.8%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcemixed
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelmiddle-class
Economic Character · Median Income$60,339

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 3.5% — below the U.S. average of ~4%. 12% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min23.90
Commuter Profile · Work From Home Pct12.3%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)111,855
Employment · Total annual wages (county)$7,057,316,183
Employment · Average annual pay$63,093
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment2,876,400
Unemployment Rate3.5% (vs Missouri 2.6%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms460
Agriculture · Land In Farms Acres9,100
Agriculture · Avg Farm Size Acres19.80
Agriculture · Top CommoditiesCrop Totals, Grain, Animal Totals, Cattle, Corn
Agriculture · Year2022
Business Patterns · Establishments (employer count)5,586
Business Patterns · Total Employees114,186
Business Patterns · Annual Payroll Thousands6,801,091
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores26
Local Businesses · Convenience Stores9
Local Businesses · Liquor Stores23
Local Businesses · Gas Stations63
Local Businesses · Department Stores4
Local Businesses · General Merchandise30
Local Businesses · Clothing Stores9
Local Businesses · Pet Stores13

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants158
Dining Scene · Fast Food209
Dining Scene · Bars20
Dining Scene · Coffee Snacks40

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (20)

The Central Trust Bank
INDEPENDENCE BRANCH · 4315 S Noland Rd · 64055
Blue Ridge Bank and Trust Co.
SQUARE BRANCH · 201 W Lexington Ave · 64050
Commerce Bank
24 HIGHWAY BRANCH · 17601 East 24 Highway · 64056
NBH Bank
INDEPENDENCE BRANCH # 8 · 18301 E 40 Hwy · 64055
UMB Bank, National Association
EAST 39TH STREET BRANCH · 13813 E 39th St S · 64055
Bank of America, National Association
EASTLAND - INDEPENDENCE BRANCH · 18820 East Us 40 Highway · 64055
U.S. Bank National Association
24 HIGHWAY BRANCH · 110 E Us Highway 24 · 64050
North American Savings Bank, F.S.B.
11400 EAST 23RD BRANCH · 11400 E 23rd St S · 64052
Blue Ridge Bank and Trust Co.
Blue Ridge Bank and Trust Co. · 4200 Little Blue Pkwy · 64057
UMB Bank, National Association
40 HIGHWAY AT 291 DRIVE UP BRANCH · 18909 E 48th St S · 64055
Hawthorn Bank
INDEPENDENCE BRANCH · 17430 E 39th St S · 64055
Arvest Bank
INDEPENDENCE BRANCH · 4340 S Noland Rd · 64055
BMO Bank National Association
INDEPENDENCE BRANCH · 4610 S Noland Rd · 64055
U.S. Bank National Association
INDEPENDENCE CENTER BRANCH · 18781 E 39th St S · 64057
BMO Bank National Association
EASTLAND BRANCH · 18931 E Valley View Pkwy · 64055
Commerce Bank
39TH STREET BRANCH · 18700 E 39th St S · 64057
The Central Trust Bank
DRIVE-IN BRANCH · 10801 E 23rd St S · 64052
JPMorgan Chase Bank, National Association
39TH ST AND BOLGER RD BRANCH · 17820 E 39th St S · 64055
U.S. Bank National Association
NOLAND ROAD BRANCH · 3640 S Noland Rd · 64055
UMB Bank, National Association
GUDGELL BRANCH · 16900 Gudgell Rd · 64057

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

99 Cent & Up Deals
Convenience Store · 9234 E US Highway 24
Dollar General 1216
Other · 1014 W US Highway 24
Casey's 2213
Convenience Store · 1110 E 23rd St S
Walgreens 5873
Other · 17811 E US Highway 24
Walgreens 5247
Other · 3915 S Noland Rd
Nearest Snap · Name99 Cent & Up Deals
Nearest Snap · Total In Area90

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameCHAMBER OF COMMERCE OF INDEPENDENCE MISSOURI

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$1,792,527,939
Federal Spending · Per Capita7,075.72 (vs Missouri $6,704)
Federal Spending · Population253,335 people (vs Missouri 29,363)

Sources: USAspending API

Other

Job Training · Total count1
Pct Drove Alone77.7%
Pct Public Transit0.9%
Pct Walked12.3%
Retirement Score · Median age39.0 years (vs Missouri 37.2y)
Retirement Score · Ss Household Pct35.2%
Retirement Score · Hospitals Nearby3
Retirement Score · Va AccessYes
Retirement Score · Factorsstrong SS base, hospital access, VA nearby
Retirement Score · Ratinggood

Sources: IRS BMF keyword search · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12