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The total population of Liberty is estimated to be 401 with 182 males (45.39%) and 219 females (54.61%). There are 37 more females than males in Liberty.
The median household income in Liberty was $63,842 in 2021, which marked an a decrease of 7,923(11.04%) from $71,765 in 2020. This income is 85.57% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Liberty sees its highest median household income among householders in the age group of 25 to 44 years old, at $79,717. Overall, the median household income for the village of Liberty stands at $63,842.
In Liberty, the median income for all workers aged 15 years and older, regardless of work hours, was $42,868 for males and $26,686 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,304 for males and $42,448 for females.
In Liberty, population is primarily represented by White households, reporting a median income of $63,842.
In 2022, the population of Liberty was 529, a 1.31% decrease year-by-year from 2021. Previously, in 2021, Liberty's population was 536, a decline of 0.74% compared to a population of 540 in 2020.
The median age in Liberty, IL is 41.5, as per 2021 ACS 5-Year Estimates. Of the total population, 22.70% were under the age of 15, 16.31% aged 15 to 29, 40.19% aged 30 to 64, 19.86% aged 65 to 84, and 0.95% were 85 years of age and older.
Racial distribution of Liberty population: 99.53% are White and 0.47% are multiracial.