Liberty Lake, WA
Population 12,435 · Washington
About Liberty Lake, WA
Liberty Lake is a mid-sized city located in Washington with a population of 12,435 residents according to the latest US Census Bureau American Community Survey data. The median household income is $105,599 per year, which is 41% above the national median of $75,149. The median age of 37.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Liberty Lake features a median home value of $506,000, which is 107% above the national median of $244,900. This places Liberty Lake in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,782, 53% above the national average of $1,163/month. Of the 5,045 total housing units, 68% are owner-occupied (3,188 units) and 32% are renter-occupied (1,490 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Liberty Lake shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 5.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Liberty Lake have an average one-way commute time of 21.3 minutes.
Education & Demographics
45.2% of Liberty Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.5% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 2.5% Asian residents, with 1.5% of the population being foreign-born.
Cost of Living in Liberty Lake, WA
Compared to national averages, Liberty Lake has a median household income of $105,599 (41% above the national median of $75,149). Home values average $506,000, which is 107% above the national median. Monthly rent at $1,782 is 53% above the US average of $1,163. Within Washington, Liberty Lake's income is 16% above the state average of $90,795, and home values are 10% above the state median of $460,491.
Why Live in Liberty Lake, WA?
Liberty Lake offers a strong local economy with a median household income of $105,599, well above the national average, and a well-educated community where 45.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.2%, better than the national average. Additionally, the city features short commute times averaging just 21.3 minutes.
Potential considerations include a competitive housing market where the typical home costs $506,000. However, Liberty Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Liberty Lake has a population of 12,435 with a median age of 37.4 years. Compare Liberty Lake with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Liberty Lake
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Tapps | 12,360 | $145,250 | $693,300 | Compare |
| Ridgefield | 12,576 | $117,550 | $590,200 | Compare |
| East Renton Highlands | 12,241 | $140,048 | $709,300 | Compare |
| Sedro-Woolley | 12,633 | $72,140 | $390,200 | Compare |
| Enumclaw | 12,663 | $116,563 | $498,700 | Compare |
| Gig Harbor | 12,202 | $106,042 | $686,000 | Compare |
| Edgewood | 12,683 | $114,342 | $664,000 | Compare |
| Kelso | 12,697 | $59,462 | $302,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Washington
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Liberty Lake With Other Cities
Frequently Asked Questions about Liberty Lake
What is the population of Liberty Lake, WA?
The population of Liberty Lake, WA is 12,435 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Washington.
What is the median household income in Liberty Lake?
The median household income in Liberty Lake, WA is $105,599 per year, which is 41% above the national median of $75,149.
What is the median home value in Liberty Lake?
The median home value in Liberty Lake, WA is $506,000, which is 107% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Liberty Lake?
The median monthly rent in Liberty Lake, WA is $1,782, which is 53% above the national average of $1,163/month.
What is the unemployment rate in Liberty Lake?
The unemployment rate in Liberty Lake, WA is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Liberty Lake, WA a good place to live?
Liberty Lake offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 12,435 and a median age of 37.4, the city appeals to a broad range of residents.
How educated is Liberty Lake, WA?
45.2% of residents in Liberty Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Liberty Lake?
Key cost-of-living indicators for Liberty Lake, WA: median home value is $506,000 (107% above national), median rent is $1,782/month, and median household income is $105,599. The home-value-to-income ratio is 4.8x, a moderate figure by national standards.
What is the poverty rate in Liberty Lake?
The poverty rate in Liberty Lake, WA is 5.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Liberty Lake, WA?
Liberty Lake's population is 1.5% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 2.5% Asian, and 0.3% two or more races. 1.5% of residents are foreign-born.