Construction Value
$20.1M ▼ 5.4%
Units Permitted
64 ▼ 12.3%
Avg Value / Unit
$315K
2024 · Census Bureau Building Permits Survey
Construction activity in Independence slowed in 2024, down 12.3% from the prior year with 64 housing units permitted. At $315K per unit, new builds are running 35% above the Kenton County average of $234K, pointing to higher-end construction. Volume is 42% above the county average of 45 units, suggesting faster-than-typical growth. 9.4% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Mostly single-family with some small multi-unit buildings.
Construction Intensityi
$685
per resident
County avg: $10K-93%
$1.1M
per square mile
Independence vs. Kenton County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 58 | 58 | $19.6M | 97% |
| ■ Duplex | 2 | 1 | $180K | 1% |
| ■ 3-4 Unit | 4 | 1 | $360K | 2% |
| ■ 5+ Unit | 0 | 0 | — | 0% |
County Ranking by Construction Volume
Among 18 permit-issuing towns in Kenton County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →