Liberty, IN demographics:
population, income, and more

Total population
2,052
4.8% year-over-year change
Median household income
$45,500/yr
-2.8% year-over-year change
Housing units
1,140
5.6% year-over-year change

Liberty population

How many people live in Liberty

Liberty is home to 2,052 residents, according to the most recent Census data. Gender-wise, 46% of Liberty locals are male, and 54% are female.

Total population
2,052
4.8% year-over-year change
Gender ratio
Male
46%
944
Female
54%
1,108
Value Percent YoY change
Male 944 46% 1.6%
Female 1,108 54% 7.7%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Liberty is 42, with the population distributed as follows: about 16.7% are children under 15, then 12.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 23.2% of the population, while another 20.7% fall into the 45 to 64 bracket. Finally, around 26.6% are 65 or older.

Median age
41.9
Age breakdown
Under 15
16.7%
15 to 24
12.8%
25 to 44
23.2%
45 to 64
20.7%
Over 65
26.6%
Value Percent YoY change
Under 15 343 16.7% 23.8%
15 to 24 263 12.8% -1.5%
25 to 44 475 23.2% 0.8%
45 to 64 425 20.7% -11.8%
Over 65 546 26.6% 18.4%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Liberty, 97.9% of the population are US-born citizens, while 1.5% have gained naturalized citizenship. At the same time, 0.6% of residents are non-citizens. As for race, 92.6% of locals are Caucasian, 2% are African American and 1.5% have Asian roots. There’s also a share of 3.8% that includes residents with two or more races.

Citizenship
U.S.-born citizens
97.9%
Non-U.S.-born citizens
1.5%
Non-citizens
0.6%
Value Percent YoY change
U.S.-born citizens 2,009 97.9% 4.2%
Non-U.S.-born citizens 30 1.5% 20.0%
Non-citizens 13 0.6% 160.0%
Racial breakdown
White
92.6%
Black or African American
2%
American Indian and Alaska Native
0.2%
Asian
1.5%
Native Hawaiian and other Pacific Islander
0%
Two or more races
3.8%
Other
0%
Value Percent
White 1,901 92.6%
Black or African American 40 2%
American Indian and Alaska Native 4 0.2%
Asian 30 1.5%
Two or more races 77 3.8%

Households in Liberty

A peek inside Liberty households

Liberty has 1,016 households, with an average of 2 members in each. Of these, 50.8% are families, while the remaining 49.2% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,016
9.4% year-over-year change
Average people per household
2
Non-family households
500
Family households
516
Value Percent YoY change
Non-family households 500 49.2% 12.1%
Family households 516 50.8% 6.8%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Liberty

The housing landscape of Liberty

Liberty's housing consists of 1,140 units, with 68.3% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 5.9% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 1.9% of the housing landscape.

Housing units
1,140
5.6% year-over-year change
Housing types
Value Percent
1 unit, detached 779 68.3%
1 unit, attached 67 5.9%
2 units 26 2.3%
3 or 4 units 92 8.1%
5 to 9 units 91 8%
10 to 19 units 32 2.8%
50 or more units 31 2.7%
Mobile home 22 1.9%
Homes built since 2020
20
25.0% year-over-year change

The age of buildings in Liberty

In Liberty, the median construction year is 1959. About 32.6% of homes were built before the 1940s, with another 5.3% going up by 1949. Most development happened in the second half of the 20th century. Then, 10.4% of homes were added from 2000 to 2009, 5.4% between 2010 and 2019, and 1.8% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 372 32.6% -10.6%
Built between 1940 and 1949 60 5.3% 22.4%
Built between 1950 and 1959 152 13.3% 19.7%
Built between 1960 and 1969 60 5.3% 0.0%
Built between 1970 and 1979 160 14% 31.1%
Built between 1980 and 1989 36 3.2% 100.0%
Built between 1990 and 1999 100 8.8% 33.3%
Built between 2000 and 2009 119 10.4% -17.9%
Built between 2010 and 2019 61 5.4% 17.3%
Built in 2020 or later 20 1.8% 25.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Liberty occupancy rates

Out of the 1,016 occupied housing units in Liberty, 67.5% are owner-occupied, while 32.5% are lived in by tenants. Meanwhile, 10.9% of all homes on the local market sit vacant.

Occupied housing units
1,016
9.4% year-over-year change
Occupancy breakdown
Renter occupied
330
Owner occupied
686
Value Percent YoY
change
Renter occupied 330 32.5% 38.1%
Owner occupied 686 67.5% -0.6%
Unoccupied housing units
10.9%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Liberty housing costs

Housing costs in Liberty come to a median of $776 per month, while tenants specifically pay a median gross rent of $698.

Median housing costs per month
$776/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Liberty
$698/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Liberty

Liberty education at a glance

About 44.1% of the population in Liberty went to high school, while 25.3% pursued college studies. Another 4.3% earned an associate degree and 15.6% hold a bachelor’s. Meanwhile, 5.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 90 5.5% 350.0%
High school diploma 718 44.1% -10.5%
College diploma 412 25.3% 18.7%
Associate degree 70 4.3% -44.0%
Bachelor's degree 253 15.6% 11.9%
Graduate degree 84 5.2% -1.2%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Liberty

How much people earn in Liberty

The average annual household income in Liberty was $59,404 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +0.5% change from the previous year. At the same time, the median income stood at $45,500, reflecting a -2.8% shift over the same period.

Average household income in Liberty
$59,404/year
0.5% year-over-year change
Median household income in Liberty
$45,500/year
-2.8% year-over-year change

Liberty income by age

In Liberty, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $60,781. Those with someone between 45 and 64 in charge, often well established professionally, earn $47,212 overall. Overall, 81.1% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $60,781 8.1%
45 - 64 $47,212 -28.5%
Over 65 $36,667 -0.1%
Above poverty level
1,603
Below poverty level
374
Value Percent YoY
change
Above poverty level 1,603 81.1% -1.7%
Below poverty level 374 18.9% 47.2%

Average renter income in Liberty

To get a better sense of what renters earn on average in Liberty, their median household income was $36,544 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 22.9%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$36,544
Rent-to-income ratio
22.9%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Liberty

Workforce and job types in Liberty

The job market in Liberty is powered by 904 working residents, spread across a range of industries and roles. 70.9% of the working population are employed in professional or administrative positions, while 29.1% are in hands-on or service-based jobs. Also, 7% run their own businesses, 57.3% are employed by private companies, and 25.2% work in the public sector.

Workforce demographics

Working population
904
-7.0% year-over-year change
White collar
641
Blue collar
263
Value Percent YoY change
White collar 641 70.9% -6.0%
Blue collar 263 29.1% -9.3%
Employer type
Self employees
7%
Private companies
57.3%
Governmental workers
25.2%
Not for profit companies
10.5%
Value Percent YoY change
Self employees 63 7% -1.6%
Private companies 518 57.3% -14.1%
Governmental workers 228 25.2% 10.1%
Not for profit companies 95 10.5% -3.1%
Unemployment rate
3.6%
13.3% year-over-year change

Available workforce

The unemployment rate in Liberty stands at 3.6%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Liberty

How people get around in Liberty

Means of transportation
Value Percent YoY change
Car 871 97.4% -7.6%
Ferryboat 13 1.4% 333.3%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Liberty by zipcode?

Zipcode Population Number of households Median income Average income
47353 4,857 2,137 $76,754 $88,865

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FAQs about Liberty demographics 

What is the total population of Liberty?

Liberty has a total population of 2,052 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +4.8% compared to a year ago.

What is the gender ratio in Liberty?

The gender ratio in Liberty is as follows:
  • 46% males (944 residents)
  • 54% females (1,108 residents)

What is the median age in Liberty?

The median age in Liberty is 41.9.

What is the age distribution of the population in Liberty?

The age distribution in Liberty is as follows:
  • Under 15: 16.7% (343 residents)
  • Ages 15-24: 12.8% (263 residents)
  • Ages 25-44: 23.2% (475 residents)
  • Ages 45-64: 20.7% (425 residents)
  • Over 65: 26.6% (546 residents)

What is the racial and ethnic makeup of Liberty?

The racial and ethnic makeup of Liberty is as follows:
  • White: 92.6% (1,901 residents)
  • Black or African American: 2% (40 residents)
  • American Indian and Alaska Native: 0.2% (4 residents)
  • Asian: 1.5% (30 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 3.8% (77 residents)
  • Other: 0% (0 residents)

What percentage of the population in Liberty are U.S.-born citizens?

U.S.-born citizens represent 97.9% of the population in Liberty.

How many housing units are there in Liberty?

There are 1,140 housing units in Liberty, reflecting a +5.6% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Liberty and what is the average household size?

Liberty has a total of 1,016 households, with an average of 2 people in each.

What is the median household income in Liberty?

Liberty has a median household income of $45,500, representing a -2.8% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Liberty?

The employment rate is 96.4% in Liberty, with a workforce of 904 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 70.9% (641 residents)
  • Blue-collar workers: 29.1% (263 residents)

Places of employment:
  • Self-employed: 7% (63 residents)
  • Private companies: 57.3% (518 residents)
  • Governmental workers: 25.2% (228 residents)
  • Not-for-profit companies: 10.5% (95 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025