Living in Liberty Lake, Washington
Cost of living, income, home prices, rent and demographics of Liberty Lake · Census data 2020–2024
Liberty Lake has 12,737 residents with a median age of 37.1. The median household income is $118,723 (21% higher than the Washington median), the median home value is $577,500, the median rent is $1,895/month.
Liberty Lake at a glance
- Population
- 12,737
- Median age
- 37.1State: 38.3
- Median household income
- $118,723State: $98,141
- Median home value
- $577,500State: $564,600
- Median rent
- $1,895/moState: $1,760
- Homeowners
- 67%
- Bachelor's degree or higher
- 48.7%
- Average commute
- 23 min
Is Liberty Lake a good place to live?
Pros: Median household income 21% higher than the Washington median; an average commute of 23 minutes; unemployment of 2.7%; a poverty rate of 5%.
Cons: Home values about the same as the state median.
The weather is best in June to September.
Cost of living in Liberty Lake
Housing is the biggest part of the cost of living. In Liberty Lake the median home value is $577,500, 74% higher than the U.S. median. Renters pay a median of $1,895 per month, which is 27% of household income. Homeowners with a mortgage pay $2,415 a month in housing costs.
Liberty Lake median household income
The median household income in Liberty Lake is $118,723 and the income per person is $54,275. 5% of residents live below the poverty line (Washington: 9.9%).
Housing in Liberty Lake: homes for sale and rent
- Housing units
- 5,047
- Owner-occupied
- 67%
- Renter-occupied
- 33%
- Vacant
- 6%Includes seasonal homes
- Median year built
- 2005
- Average household size
- 2.68
Liberty Lake demographics
- Population
- 12,737
- Median age
- 37.1
- Under 18
- 30.4%
- 65 and older
- 16.8%
- Households
- 4,744
- Foreign-born
- 3.4%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Liberty Lake ›
Education in Liberty Lake
48.7% of adults 25 and older in Liberty Lake have a bachelor's degree or higher (Washington: 39.6%), and 17.6% have a graduate or professional degree.
Jobs and commute in Liberty Lake
- Unemployment rate
- 2.7%State: 5.1%
- Average commute
- 23 minState: 27 min
- Work from home
- 27.8%
- Drive alone
- 58.3%
- Public transit
- 1.6%
- Walk to work
- 1.1%
- Homes with broadband
- 95.7%
Liberty Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Liberty Lake | 12,737 | $118,723 | $577,500 | $1,895 |
| Otis Orchards-East Farms | 5,454 | $97,500 | $430,500 | $1,189 |
| Spokane Valley | 106,365 | $74,042 | $382,300 | $1,353 |
| Hauser | 932 | $74,792 | $375,700 | — |
| Millwood | 1,890 | $83,068 | $358,900 | $1,134 |
| Post Falls | 43,391 | $82,183 | $477,400 | $1,469 |
| Huetter | 212 | $39,438 | $300,000 | $862 |
| Green Bluff | 323 | $116,250 | $823,500 | — |
| Rathdrum | 10,874 | $86,563 | $444,100 | $1,459 |
More for people moving to Liberty Lake
Liberty Lake ZIP code ›Weather and climate ›Living in Liberty Lake: FAQ
What is the median household income in Liberty Lake, WA?
The median household income in Liberty Lake is $118,723, 21% higher than the Washington median of $98,141 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Liberty Lake?
The median home value in Liberty Lake is $577,500, compared with $564,600 in Washington.
How much is rent in Liberty Lake?
The median gross rent in Liberty Lake is $1,895 per month, about 27% of household income.
Is Liberty Lake, WA a good place to live?
Pluses: median household income 21% higher than the Washington median; an average commute of 23 minutes; unemployment of 2.7%; a poverty rate of 5%. Minuses: home values about the same as the state median.
What is the median age in Liberty Lake?
The median age in Liberty Lake is 37.1 years (Washington: 38.3).
How long is the commute in Liberty Lake?
The average commute to work in Liberty Lake is 23 minutes; 27.8% of workers work from home.
What is the unemployment rate in Liberty Lake?
The unemployment rate in Liberty Lake is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Liberty Lake?
48.7% of adults in Liberty Lake 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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