Quick facts: Independence, CA

Quick Facts

127.6
Cost of Living
above US average
850
Population
Crime rate Data is updating, will be available soon
$57,917
Median Income
below US average
$487,000
Median House Price
above US average
$2796
Average Rent
above US average
18%
Poverty Rate
above US average
5.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $57,917.

🏠

Income Needed to Buy

βœ— Stretch
$153k/year
Based on $487,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $153k vs median $57,917
🏒

Income Needed to Rent

⚠ Stretch
$120k/year
Based on $2796/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $120k vs median $57,917
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Independence, CA

Independence, California, nestled in the Eastern Sierra, serves as the seat of Inyo County. With a population of approximately 800 residents, this small, picturesque town is rich in history and surrounded by stunning mountain landscapes. The area is known for its proximity to several national parks, including Death Valley and Sequoia National Park, making it an attractive destination for outdoor enthusiasts. Independence is closely linked to the area's mining past, with historic sites and museums that showcase its heritage. The town is particularly famous for the nearby Manzanar National Historic Site, which commemorates the internment of Japanese Americans during World War II. This site is a poignant reminder of American history and offers educational programs for visitors. The climate in Independence is characterized by warm summers and cold winters, ideal for various outdoor activities such as hiking, fishing, and camping. The scenic beauty of the Sierra Nevada mountains, combined with the rich local history, makes Independence a unique location to explore for those looking to connect with nature and learn about California's past.

πŸ” Search & Compare Places

First Location πŸ“