Liberty Mills, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Liberty Mills, Indiana had a total population of 139, the 798th largest community in Indiana, with a median household income of $60,962, which is 15% lower than the state average. The poverty rate is 16.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 0.0% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 0.8x.
Liberty Mills Quick Facts
How Liberty Mills Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 159 | 139 | -12.6% |
| Median household income | $57,375 | $60,962 | +6.3% |
How Liberty Mills Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Liberty Mills Rankings in Indiana
Explore Indiana Rankings
Cities Similar to Liberty Mills
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Burns City | 139 | N/A | N/A | 13.2% | 0.0% |
| Raglesville | 139 | N/A | $187,500 | 49.4% | 0.0% |
| Bennetts Switch | 141 | N/A | $253,300 | 61.0% | 0.0% |
| Lucerne | 141 | N/A | $75,300 | 17.0% | 11.3% |
| Centerton | 136 | N/A | $208,800 | 44.4% | 39.0% |
A note before these figures: with a population of 139, Liberty Mills's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Liberty Mills is a small community located in Indiana. The total population is 139. It ranks as the 798th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Liberty Mills is 41.0 years. This is 8% higher than the state median of 38.1 years. With 30.2% of the population under 18, Liberty Mills has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Liberty Mills is $60,962. This is 15% lower than the state median of $71,957. It is also 24% lower than the national median of $80,734. The poverty rate stands at 16.6%. This is 34% higher than the state poverty rate of 12.3%. The survey records no unemployed residents in Liberty Mills, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $46,800. Housing costs are 79% lower than the state median of $218,200. With a home-value-to-income ratio of just 0.8x, Liberty Mills is one of the most affordable housing markets in the area. 56.3% of occupied housing units are owner-occupied. This homeownership rate is 20% lower than the state average of 70.5%.
Race & Ethnicity
Every resident counted in Liberty Mills was recorded as White (non-Hispanic). A figure of exactly 100.0% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.
Education
0.0% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.8%.
Data Sources & Methodology
All demographic data for Liberty Mills, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Liberty Mills, Indiana?
Liberty Mills, Indiana has a population of 139 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Liberty Mills, IN?
The median household income in Liberty Mills is $60,962, which is 24% lower than the national median of $80,734.
What is the poverty rate in Liberty Mills, IN?
The poverty rate in Liberty Mills is 16.6%. This means approximately 23 residents live below the federal poverty line.
What is the racial makeup of Liberty Mills, Indiana?
Liberty Mills's population is 100.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Liberty Mills, IN?
The median home value in Liberty Mills is $46,800. The home-value-to-income ratio is 0.8x.
How educated is Liberty Mills, Indiana?
0.0% of adults (25+) in Liberty Mills hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.