\nLiberty, IL is a small town that offers a great quality of life and low cost of living. Home to the Liberty High School Lions, the city is home to Harper Mechanical Services, Liberty Mini Market, and Trevino's Auto Repair & Sales. On average, 2 bedroom rent in Liberty IL is $850 which is significantly lower than the US average at $1,430. The grocery cost index in Liberty IL is 93 versus 100 in the US indicating that groceries are cheaper in this area as well. It's no surprise why so many people choose to live in this welcoming community with its excellent cost of living.
Liberty has an unemployment rate of 4.4%. The US average is 6.0%.
Liberty has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Liberty
- The Sales Tax Rate for Liberty is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Liberty is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Liberty
- The average income of a Liberty resident is $17,613 a year. The US average is $28,555 a year.
- The Median household income of a Liberty resident is $59,063 a year. The US average is $69,021 a year.