The economic growth of Independence continued on an upswing during 2018 according to new data released by the Independence Economic Development Council.
"The success of our economic development efforts can be directly measured through some common indicators that we track and monitor" said Tom Lesnak, Independence EDC President. Among some of the highlights for the year:
- Median household income exceeded the 2020 goal of $50,000 two years early.
- The current unemployment rate is at 2.9% which is at a historic low.
- The number of Independence residents who are employed has increased by 2,318 since the start of the year.
- The latest population estimates show an increase of 6.2% since the 2010 census and currently stands at 121,018.
- EDC staff responded to over 850 requests for business assistance.
"We will continue to work on strategies that continue to enhance our economy with a focus in 2019 on workforce skills enhancement and development of new light industrial spaces and the enhanced employment opportunities that those types of companies can provide to our residents" said Lesnak.
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Data sources: MERIC, ESRI