2025 Compare Cities Housing:
Independence charter, MI vs Waterford charter, MI

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Highlights
- The median age of a home in Independence charter is 35.1% younger than the median age of a home in Waterford charter.
 Independence charter, MIWaterford charter, MIUnited States
 Median Home Age37  Unlock42
 Median Home Cost  Unlock$243,800$338,100
 Home Appr. Last 12 months11.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.5%57.0%
 Home Appr. Last 10 yrs.110.3%  Unlock101.1%
 Property Tax Rate  Unlock$12.7$11.0
 Homes Owned75.5%  Unlock57.4%
 Housing Vacant  Unlock5.4%11.2%
 Homes Rented19.3%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Independence charter, MIWaterford charter, MIUnited States
 Average Rent  Unlock$1,560$1,840
 Studio Apartment$1,060  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,000$1,180
 2 Bedroom Home or Apartment$1,520  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,590$1,860
 4 Bedroom Home or Apartment$2,040  Unlock$2,160
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 Vacant Housing
 Independence charter, MIWaterford charter, MIUnited States
 Vacant For Rent  Unlock0.8%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock1.3%3.6%
 Vacant Other1.8%  Unlock4.1%
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 Owner-Occupied Housing Value
 Independence charter, MIWaterford charter, MIUnited States
 Less Than $20,000  Unlock1.4%2.6%
 $20,000 to $39,9991.6%  Unlock2.4%
 $40,000 to $59,999  Unlock1.5%2.8%
 $60,000 to $79,9990.6%  Unlock3.9%
 $80,000 to $99,999  Unlock3.0%4.5%
 $100,000 to $149,9994.0%  Unlock11.3%
 $150,000 to $199,999  Unlock27.9%13.0%
 $200,000 to $299,99928.5%  Unlock20.1%
 $300,000 to $399,999  Unlock8.1%13.6%
 $400,000 to $499,99911.1%  Unlock8.3%
 $500,000 to $749,999  Unlock3.0%9.7%
 $750,000 to $999,9991.7%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.7%2.2%
 $1,500,000 to $1,999,9990.5%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
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 Housing Units By Year Built
 Independence charter, MIWaterford charter, MIUnited States
 2015 and Newer0.2%  Unlock0.2%
 2010 to 2014  Unlock6.3%13.6%
 2000 to 20098.7%  Unlock13.6%
 1990 to 1999  Unlock15.5%13.6%
 1980 to 198916.4%  Unlock13.2%
 1970 to 1979  Unlock17.7%14.8%
 1960 to 196925.9%  Unlock13.6%
 1950 to 1959  Unlock19.0%10.0%
 1940 to 19492.3%  Unlock4.7%
 1939 or Earlier  Unlock7.7%12.2%
Reviews for Independence Charter    2 Reviews

Over 11 years ago

Taxes are quite high  More

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I've lived here for the past 31 years. It's basically a bedroom community for somewhere else. Unfortunately the job market in Michigan, as a whole, sucks as does the  More

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Reviews for Waterford Charter    0 Reviews

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