Living in Liberty, Indiana
Cost of living, income, home prices, rent and demographics of Liberty · Census data 2020–2024
Liberty has 2,052 residents with a median age of 41.9. The median household income is $45,500 (37% lower than the Indiana median), the median home value is $122,000, the median rent is $698/month.
Liberty at a glance
- Population
- 2,052
- Median age
- 41.9State: 38.1
- Median household income
- $45,500State: $71,957
- Median home value
- $122,000State: $218,200
- Median rent
- $698/moState: $1,062
- Homeowners
- 67.5%
- Bachelor's degree or higher
- 22.1%
- Average commute
- 28 min
Is Liberty a good place to live?
Pros: Home values 44% lower than the state median; unemployment of 3.6%.
Cons: Median household income 37% lower than the Indiana median; an average commute of 28 minutes; a poverty rate of 18.7%.
The weather is best in May–June and August–September.
Cost of living in Liberty
Housing is the biggest part of the cost of living. In Liberty the median home value is $122,000, 63% lower than the U.S. median. Renters pay a median of $698 per month, which is 29% of household income. Homeowners with a mortgage pay $911 a month in housing costs.
Liberty median household income
The median household income in Liberty is $45,500 and the income per person is $29,595. 18.7% of residents live below the poverty line (Indiana: 12.3%).
Housing in Liberty: homes for sale and rent
- Housing units
- 1,140
- Owner-occupied
- 67.5%
- Renter-occupied
- 32.5%
- Vacant
- 10.9%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 1.97
Liberty demographics
- Population
- 2,052
- Median age
- 41.9
- Under 18
- 20.7%
- 65 and older
- 26.6%
- Households
- 1,016
- Foreign-born
- 2.1%
- Veterans
- 11.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Liberty ›
Education in Liberty
22.1% of adults 25 and older in Liberty have a bachelor's degree or higher (Indiana: 29.5%), and 5.8% have a graduate or professional degree.
Jobs and commute in Liberty
- Unemployment rate
- 3.6%State: 4.3%
- Average commute
- 28 minState: 24 min
- Work from home
- 1.1%
- Drive alone
- 88.3%
- Public transit
- 1.5%
- Walk to work
- 0%
- Homes with broadband
- 88.8%
Liberty vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Liberty | 2,052 | $45,500 | $122,000 | $698 |
| Brownsville | 222 | $71,643 | $114,200 | — |
| Abington | 175 | $65,481 | $423,000 | — |
| West College Corner | 596 | $65,000 | $121,200 | $750 |
| College Corner | 429 | $53,224 | $135,700 | $635 |
| Boston | 246 | $70,893 | $75,500 | $923 |
| Connersville | 13,109 | $48,854 | $106,300 | $787 |
| Lake Lakengren | 3,445 | $87,135 | $211,400 | $1,345 |
| Oxford | 21,753 | $40,764 | $238,000 | $997 |
More for people moving to Liberty
Liberty ZIP code ›Weather and climate ›Living in Liberty: FAQ
What is the median household income in Liberty, IN?
The median household income in Liberty is $45,500, 37% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Liberty?
The median home value in Liberty is $122,000, compared with $218,200 in Indiana.
How much is rent in Liberty?
The median gross rent in Liberty is $698 per month, about 29% of household income.
Is Liberty, IN a good place to live?
Pluses: home values 44% lower than the state median; unemployment of 3.6%. Minuses: median household income 37% lower than the Indiana median; an average commute of 28 minutes; a poverty rate of 18.7%.
What is the median age in Liberty?
The median age in Liberty is 41.9 years (Indiana: 38.1).
How long is the commute in Liberty?
The average commute to work in Liberty is 28 minutes; 1.1% of workers work from home.
What is the unemployment rate in Liberty?
The unemployment rate in Liberty is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Liberty?
22.1% of adults in Liberty have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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