Liberty Mills, IN
Population 159 · Indiana
About Liberty Mills, IN
Liberty Mills is a small community located in Indiana with a population of 159 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,375 per year, which is 24% below the national median of $75,149. The median age of 36.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Liberty Mills features a median home value of $0, which is 100% below the national median of $244,900. This makes Liberty Mills one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $750, 36% below the national average of $1,163/month. Of the 57 total housing units, 51% are owner-occupied (29 units) and 49% are renter-occupied (28 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Liberty Mills shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 17.0%, above the national average of 12.4%. Workers in Liberty Mills have an average one-way commute time of 29.6 minutes.
Education & Demographics
0.0% of Liberty Mills residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Liberty Mills, IN
Compared to national averages, Liberty Mills has a median household income of $57,375 (24% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $750 is 36% below the US average of $1,163. Within Indiana, Liberty Mills's income is 17% below the state average of $69,330, and home values are 100% below the state median of $163,409.
Why Live in Liberty Mills, IN?
Liberty Mills offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $750/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($57,375) that falls below the national average. However, Liberty Mills’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Liberty Mills has a population of 159 with a median age of 36.5 years. Compare Liberty Mills with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Liberty Mills
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Grayford | 159 | $0 | $138,200 | Compare |
| Union Mills | 159 | $99,219 | $206,300 | Compare |
| Stone Bluff | 157 | $0 | $0 | Compare |
| Tennyson | 161 | $42,500 | $90,000 | Compare |
| Blairsville | 162 | $81,250 | $276,800 | Compare |
| Blountsville | 162 | $55,714 | $72,500 | Compare |
| Fairview | 156 | $0 | $9,999 | Compare |
| Greensboro | 162 | $0 | $103,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Liberty Mills With Other Cities
Frequently Asked Questions about Liberty Mills
What is the population of Liberty Mills, IN?
The population of Liberty Mills, IN is 159 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Liberty Mills?
The median household income in Liberty Mills, IN is $57,375 per year, which is 24% below the national median of $75,149.
What is the median home value in Liberty Mills?
The median home value in Liberty Mills, IN is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Liberty Mills?
The median monthly rent in Liberty Mills, IN is $750, which is 36% below the national average of $1,163/month.
What is the unemployment rate in Liberty Mills?
The unemployment rate in Liberty Mills, IN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Liberty Mills, IN a good place to live?
Liberty Mills offers a moderate cost of living, affordable housing, and a strong job market. With a population of 159 and a median age of 36.5, the city appeals to a broad range of residents.
How educated is Liberty Mills, IN?
0.0% of residents in Liberty Mills aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Liberty Mills?
Key cost-of-living indicators for Liberty Mills, IN: median home value is $0 (100% below national), median rent is $750/month, and median household income is $57,375. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Liberty Mills?
The poverty rate in Liberty Mills, IN is 17.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Liberty Mills, IN?
Liberty Mills's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.