Liberty, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Liberty, Indiana had a total population of 2,052, the 226th largest town in Indiana, with a median household income of $45,500, which is 37% lower than the state average. The poverty rate is 18.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 37% below the state average, indicating significant economic challenges.
Liberty Quick Facts
How Liberty 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 | 1,958 | 2,052 | +4.8% |
| Median household income | $46,801 | $45,500 | -2.8% |
| Median home value | $122,000 | $122,000 | +0.0% |
How Liberty 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 Rankings in Indiana
Explore Indiana Rankings
Other Cities in Union County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| West College Corner | 596 | $65,000 | 16.0% | $121,200 |
Cities Similar to Liberty
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Versailles | 2,037 | $45,758 | $169,200 | 12.4% | 17.6% |
| Monon | 2,091 | $49,286 | $96,000 | 6.3% | 23.7% |
| Rockport | 1,958 | $48,889 | $132,700 | 15.0% | 13.3% |
| Jasonville | 1,979 | $41,328 | $65,900 | 4.0% | 14.8% |
| Flora | 2,114 | $51,429 | $158,200 | 15.3% | 13.8% |
Population Overview
Liberty is a small community located in Indiana, within Union County. The total population is 2,052. It ranks as the 226th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Liberty is 41.9 years. This is 10% higher than the state median of 38.1 years. 14.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Liberty is $45,500. This is 37% lower than the state median of $71,957. It is also 44% lower than the national median of $80,734. The poverty rate stands at 18.7%. This is 51% higher than the state poverty rate of 12.3%. The unemployment rate is 3.6%. This is 15% lower than the state rate of 4.3%. The median home value is $122,000. Housing costs are 44% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.7x, Liberty is one of the most affordable housing markets in the area. 67.5% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 70.5%.
Race & Ethnicity
Liberty has a predominantly White (non-Hispanic) population, comprising 92.5% of all residents. Black or African American residents account for 1.9%. The Black or African American population (1.9%) is well below the state average of 9.1%. The Hispanic or Latino population (1.2%) is well below the state average of 8.6%.
Education
22.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 25% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 81.7%.
Data Sources & Methodology
All demographic data for Liberty, 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, Indiana?
Liberty, Indiana has a population of 2,052 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Liberty, IN?
The median household income in Liberty is $45,500, which is 44% lower than the national median of $80,734.
What is the poverty rate in Liberty, IN?
The poverty rate in Liberty is 18.7%. This means approximately 374 residents live below the federal poverty line.
What is the racial makeup of Liberty, Indiana?
Liberty's population is 92.5% White, 1.9% Black, 1.2% Hispanic/Latino, and 1.5% Asian.
What is the median home value in Liberty, IN?
The median home value in Liberty is $122,000. The home-value-to-income ratio is 2.7x.
How educated is Liberty, Indiana?
22.1% of adults (25+) in Liberty hold a bachelor's degree or higher, and 5.8% hold a graduate or professional degree.