Liberty village, Illinois Demographics & Population 2026

Population Overview

Liberty village is a small community located in Illinois. The total population is 423. It ranks as the 987th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Liberty village is 36.3 years. This is 7% lower than the state median of 38.9 years. With 33.3% of the population under 18, Liberty village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Liberty village is $85,417. This is 5% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 9% higher. The poverty rate stands at 4.3%. This is 64% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.9%. This is 85% lower than the state rate of 5.8%. The median home value is $124,000. Housing costs are 50% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.5x, Liberty village is one of the most affordable housing markets in the area. 83.5% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 66.8%.

Race & Ethnicity

Liberty village has a predominantly White (non-Hispanic) population, comprising 98.4% of all residents. The White (non-Hispanic) population is significantly higher than the state average (98.4% vs 58.8%).

Education

19.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.3%.

Data Sources & Methodology

All demographic data for Liberty village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.