Liberty Lake has the 2719th largest population in the United States. The population grew by 17.2% from 2010 to 2015, which was faster than the national average. Liberty Lake is part of the Spokane metro area. Unemployment in the Spokane area is 6%, which is higher than the national average, and is getting better. Spokane has the 108th largest local economy in the US, and a high cost of living. The average pay for jobs in Liberty Lake is below average at $44,890, and the median cost of a home in Liberty Lake is $271,000, which is above the national average. 44% of workers in Liberty Lake hold a bachelors degree or higher (above average), and 95% of workers have a high school degree (above average). Driving to work is especially common in Liberty Lake. 77% of Liberty Lake workers drive to work alone, 2% take public transit, 10% carpool, and 10% walk. People in Liberty Lake spend an average of 19 minutes commuting to work, which is shorter than the national average of 26 minutes.