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The total population of Liberty Lake is estimated to be 12,026 with 5,659 males (47.06%) and 6,367 females (52.94%). There are 708 more females than males in Liberty Lake.
The median household income in Liberty Lake was $103,950 in 2021, which marked an a decrease of 4,889(4.49%) from $108,839 in 2020. This income is 139.33% 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 Lake sees its highest median household income among householders in the age group of 45 to 64 years old, at $127,577. Overall, the median household income for the city of Liberty Lake stands at $103,950.
In Liberty Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $71,086 for males and $36,813 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $104,882 for males and $58,149 for females.
In Liberty Lake, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $190,309, while American Indian and Alaska Native households represent the opposite end with the lowest median household income of $71,737.
In 2022, the population of Liberty Lake was 12,651, a 1.17% increase year-by-year from 2021. Previously, in 2021, Liberty Lake's population was 12,505, an increase of 3.05% compared to a population of 12,135 in 2020.
The median age in Liberty Lake, WA is 36.1, as per 2021 ACS 5-Year Estimates. Of the total population, 26.26% were under the age of 15, 14.19% aged 15 to 29, 46.68% aged 30 to 64, 11.78% aged 65 to 84, and 1.09% were 85 years of age and older.
Racial distribution of Liberty Lake population: 91.77% are White, 0.01% are Black or African American, 1.12% are American Indian and Alaska Native, 1.85% are Asian, 0.15% are some other race and 5.10% are multiracial.