Median Income
$57,754
household / year
Median Home Value
$121,300
owner-occupied
Median Rent
$741
gross / month
Cost of Living
94
national avg = 100

Is Liberty, IN a Good Place to Live?

Liberty is a small town of 2,085 in Indiana, with a median household income of $57,754 and a 3.4% unemployment rate. Its cost of living index is 94 (US average = 100), which is 6% below the national average.

Strengths: Liberty stands out for an affordable cost of living, below-average home prices, solid school ratings (B).

Trade-offs: No major red flags stand out in the available data. Whether Liberty is right for you depends on your priorities — the full breakdown is below.

All Liberty city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 94.1

Liberty's overall cost of living index is 94.1, where 100 represents the US national average. Living in Liberty costs roughly 6% less than the average American city.

Metric Liberty, IN National Avg
Median Home Value $121,300 $244,900
Median Monthly Rent $741 $1,163
Homeownership Rate 69.5% 65.9%
Median Household Income $57,754 $74,755

Crime & Safety

Crime data for Liberty is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Liberty is served primarily by Union Co/Clg Corner Joint Sch Dist. The student-to-teacher ratio is 14.2:1 (better than the national average of ~16:1).

Metric Liberty, IN National Avg
School District Union Co/Clg Corner Joint Sch Dist
Elementary Schools 2
Middle Schools 1
High Schools 1
Student/Teacher Ratio 14.2:1 16:1
Bachelor's Degree or Higher 18.9% 35.4%
High School Diploma or Higher 84.3% 91.1%

Weather & Climate

Liberty sees average highs of 38.1°F in January and 87.1°F in July, with 43.7 inches of annual precipitation and 24.9 inches of snow per year.

MetricLiberty, IN
Average High — January38.1°F
Average High — July87.1°F
Annual Precipitation43.7"
Annual Snowfall24.9"

Demographics

MetricLiberty, INNational Avg
Population2,085
Median Age46.038.9
Unemployment Rate3.4%3.7%
Avg Commute Time26.9 min26 min
White (non-Hispanic)92.6%59.3%
Black or African American1.4%13.6%
Hispanic or Latino0.2%18.9%
Asian0.7%6.3%
Under 1817.4%22.2%
65 and over22.7%16.8%

Nearby Cities

ZIP Codes in Liberty

Liberty, IN is covered by 1 ZIP code:

Liberty vs Other Cities

Frequently Asked Questions

Liberty's cost of living index is 94, where 100 is the national average. That makes Liberty roughly 6% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $121,300 and median rent is $741/month.
Crime data for Liberty is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Liberty are operated by Union Co/Clg Corner Joint Sch Dist. The district has 2 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 14.2:1. 18.9% of adults 25+ hold a bachelor's degree or higher.
Liberty, IN has a population of 2,085, a median household income of $57,754, and an unemployment rate of 3.4%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Liberty averages 38.1°F in January and 87.1°F in July. Annual rainfall is 43.7 inches with about 24.9 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Liberty, IN is covered by 1 ZIP code: 47353.
The population of Liberty, Indiana is 2,085 with a median age of 46.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Liberty: cost of living index 94 (100 = US average), median home $121,300, median household income $57,754, schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Liberty side by side with your current city to see the trade-offs.