Independence, Virginia
2026 Edition · 10 cards · data as of Oct 30, 2026
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Population
Steady. Within 1% of 2020, every year since.
1,000
people, the 138th-largest of Virginia's cities and towns.
Census Population Estimates, 2025. Rank among Virginia's cities and towns computed by the Almanac. Sources: Census Population Estimates
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The workday
Nearly every job here goes to someone who lives somewhere else.
96.6%
of 1,885 jobs located in Independence are filled by in-commuters.
Census LEHD LODES, 2023. Sources: Census LEHD LODES
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Rent
Median rent is up 73% since the 2005–2009 survey, before inflation.
$668
a month. Virginia's median is $1,579.
Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year
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The seam
Cross one tract line and median rent jumps $277.
A $277 gap between neighbors, the sharpest rent edge between adjacent tracts in Grayson County.
- $623 Tract 602.01
- $900 Tract 602.02
Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year
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Room to build
Local wages can carry more rent than the median charged today.
$747–$1,120
is the monthly rent range local workforce wages support.
- $668 median
Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year
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Building
Most of the housing here is older than 2000.
- 93% of all homes were built before 2000
Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year
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Units needed
Closing the gap would add 0.2–3.3% to the 568 homes here.
1–19
is the estimated number of missing housing units, from the lowest to the highest of three estimates.
Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac
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Home value
A median home costs 68% less than Virginia's.
$122,400
median home value in Independence.
- $122,400 Independence
- $383,700 Virginia
- $332,700 U.S.
Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year