Independence, KY's Data
About Independence, KY's
Independence, Kentucky, nestled in Kenton County, serves as one of the two county seats alongside Covington. The city, established in 1842, was named to commemorate the newly gained independence of Kenton County from Campbell County. Its strategic location in the northern part of Kentucky places it near major metropolitan areas like Cincinnati, Ohio, enhancing its appeal as a residential and business community. Independence has grown significantly in recent years, reflecting its increasing importance as a suburban hub.
City: Independence
State: Kentucky
Country: United States
Population: Approximately 28,000
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Independence, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Independence, KY
Lincoln Ridge Park - A popular spot for outdoor activities, featuring walking trails, sports fields, and picnic areas.
Independence Courthouse - A historic site acting as the center of local government and community events.
Memorial Park - Known for its serene environment and the Veterans' Memorial, honoring local military service members.
Senior Citizens Park - Offers leisure and recreational facilities tailored for senior residents of Independence.
Doe Run Lake - A scenic lake providing opportunities for fishing, canoeing, and hiking around the area.
The Economy of Independence, KY
The economy of Independence is primarily driven by its role as a residential suburb of Cincinnati, with many residents commuting to the city for work. The local economy benefits from a mix of retail, service industries, and small manufacturing firms. Education and health services are significant employment sectors, supported by the proximity of larger urban centers. The city's economic landscape is also characterized by a growing number of local businesses and entrepreneurial ventures.
Independence, KY Inflation
Understanding the BLS and Inflation in Independence, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Independence, KY. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Independence, KY understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Independence, KY using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Independence, KY when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Independence, KY
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