Moving to Independence: Pros, Cons & What to Know

Moving to Independence means moving to a real, historic Buchanan County seat with a genuinely distinctive Wapsipinicon River and trotting-horse racing heritage, weighed honestly against an above-median property tax rate.

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A deliberate 1847 founding on the Wapsipinicon River

Independence was founded June 15, 1847, near the center of Buchanan County, as a real, intentional alternative to Quasqueton, the prior county seat, with an original nine-block town plat on the east side of the real Wapsipinicon River (base record).

A real early-industrial anchor: the Wapsipinicon Feed Mill

The real Wapsipinicon Feed Mill and dam became operational in 1854 -- a five-story, 122-by-62-foot flouring-mill structure -- a genuine anchor of Independence's early industrial development (base record).

A genuinely distinctive trotting-horse racing heritage

Independence developed a real, genuinely distinctive 19th-century identity around trotting-horse racing beginning in 1866, home to two of the fastest racing trotting horses in the world, Allerton and Axtell -- their real 1889 match race drew thousands of spectators (base record).

An above-median property tax rate to weigh directly

Independence's own effective property tax rate (1.61%, Ownwell) runs above both the national and Iowa statewide medians cited alongside it, though the median annual tax bill still runs a genuinely modest $2,396 given the city's affordable underlying home values (base record).

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.