Skip to main content

VA area data

Independence, VA

Independence, VA.

Population: 4,855 (Census ACS)

Home values & appreciation

Median home value
$225,556
1-year appreciation
+6.4%
3-year appreciation
+20.4%
5-year appreciation
+40.0%
10-year appreciation
+94.1%
All-time peak (2026-07)
$225,556
House Price Index
423.6 (+3.3% YoY)

Market activity

New listings (monthly)
7

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
coldWave, landslide

Climate (30-year normals)

Annual precipitation
62.5 in

Amenities

Nearest airport
Maxwell Airport (9 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Migration

Net migration
+70 tax filers

Housing stock

Median year housing built
1,975
Median annual property tax
$936
Mean commute to work
21 min
Households with broadband internet
55.7%

Employment & development

Total county employment
2,266
Average weekly wage
$647
Top industries (by employment)
Finance & Insurance, Wholesale Trade, Construction
Annual residential building permits (county)
38

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents