Liberty, Missouri Income Statistics
Liberty Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Liberty Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Liberty | Missouri Avg | US Average |
|---|---|---|---|
| Median Household Income | $92,443 | $70,801 | $80,455 |
| Median Personal Income | $64,056 | $54,686 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.6% | 4.8% |
| Six-Figure Earners | 14.3% | 10.5% | 13.9% |
| $200k+ Households | 9.7% | 8.7% | 13.2% |
The median household income in Liberty is about 31% higher than in Missouri. Income has been growing slower in Liberty (4.4%/yr) than in Missouri (4.6%/yr).
About 14% of adults in Liberty earn six figures ($100,000 or more) a year, higher than the Missouri average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Liberty, Missouri grew by 54.1% from 2009 to 2024, reaching $92,443 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Liberty
| Metric | Liberty | Missouri Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.519 | 0.532 | 0.552 |
| Male Median Income | $73,928 | $64,288 | $69,667 |
| Female Median Income | $62,542 | $51,060 | $56,850 |
| Gender Pay Gap | 15.4% | 20.6% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Liberty, it is 0.519, lower than Missouri's 0.532, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 18% more than women's income in Liberty, Missouri. Over a 35-year career, a 18% wage gap accumulates to roughly $398,510 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Liberty, Missouri has narrowed from about 28% to 15% in 2024. In dollar terms, the gap has narrowed by $3,899 since 2009.
Employment
| Metric | Liberty | Missouri Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.2% | 4.0% | 5.2% |
| Working from Home | 16.5% | 13.0% | 15.0% |
| Commute time (minutes) | 21 | 20 | 22 |
Approximately 656 people are unemployed in Liberty, Missouri.
The average commute time in Liberty is 21 minutes, longer than the 20 minutes in Missouri.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Liberty, Missouri has fallen from 5.9% to 4.2% in 2024. Over that period the rate peaked at 7.9% in 2013 and fell as low as 2.5% in 2019.
Conclusion
Considering all these factors, Liberty, Missouri has an overall wealth index grade of B, making it somewhat better than Missouri, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Liberty, Missouri.
How Rich Is Liberty, Missouri?
Liberty has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $92,443, about 31% higher than the Missouri average of $70,801.
How fast is household income rising in Liberty, Missouri?
Between 2009 and 2024, the median household income in Liberty, Missouri rose 54%, from $59,977 to $92,443. Over the same years, income here kept pace with Missouri as a whole: +54% against +54%.
What was the median household income in Liberty in 2023?
In 2023, the median household income in Liberty, Missouri was $97,054, up 5% from $92,155 in 2022. The Missouri median that year was $69,047.
What was the median household income in Liberty in 2020?
In 2020, the median household income in Liberty, Missouri was $80,410. By 2024 it had risen 15% to $92,443.
How many people earn six figures in Liberty, Missouri?
Yes. 14% of adults in Liberty, Missouri earn $100,000 or more a year (about 1 in 7), against 11% (about 1 in 9) in Missouri. 10% of households have a combined income of $200,000 or more, compared with 9% in Missouri.
What is the Gini coefficient in Liberty, Missouri?
The Gini coefficient in Liberty is 0.519. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Liberty, Missouri?
Since 2009, the income gap between men and women in Liberty, Missouri has narrowed from about 28% to 15% in 2024. In dollar terms, the gap has narrowed by $3,899 since 2009.
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