Libertyville has the 1495th largest population in the United States. The population grew by 0.5% from 2010 to 2015, which was faster than the national average. Libertyville is part of the Chicago metro area. Unemployment in the Chicago area is 5%, which is higher than the national average, and is getting better. Chicago has the 3rd largest local economy in the US, and a high cost of living. The average pay for jobs in Libertyville is above average at $52,480, and the median cost of a home in Libertyville is $394,700, which is above the national average. 64% of workers in Libertyville hold a bachelors degree or higher (above average), and 96% of workers have a high school degree (above average). Driving to work is especially common in Libertyville. 76% of Libertyville workers drive to work alone, 4% take public transit, 8% carpool, and 10% walk. People in Libertyville spend an average of 26 minutes commuting to work, which is shorter than the national average of 26 minutes.