North Liberty, IN Economy


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North Liberty, IN is an up-and-coming suburb located not far from the city. This small town has a cost of living that is 8% lower than the US average and features two bedroom apartment rent at $900. Even better, the grocery cost index in North Liberty is 92 versus 100 in the US. The low cost of living makes it an affordable option for those looking to settle down near the city. There are also many local companies for employment opportunities, such as Applewood Farms, North Liberty Veterinary Clinic, and Mattison Automotive Group. With its affordability and proximity to the city, North Liberty is becoming an increasingly popular choice for families and individuals alike.

North Liberty has an unemployment rate of 5.3%. The US average is 6.0%.

North Liberty has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.

Tax Rates for North Liberty
- The Sales Tax Rate for North Liberty is 7.0%. The US average is 7.3%.
- The Income Tax Rate for North 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 North Liberty
- The average income of a North Liberty resident is $16,735 a year. The US average is $28,555 a year.
- The Median household income of a North Liberty resident is $54,145 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Liberty, IndianaUnited States
  5.36
  -8.3%-6.2%
  36.7%33.5%
  7.0%6.2%
  5.0%4.6%
  $25,421$37,638
  $54,145$69,021
  $65,625$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  10.9%6.8%
  23.0%10.0%
  1.8%2.5%
  6.7%11.0%
  9.1%4.8%
  0.8%0.8%
  0.8%1.9%
  2.1%4.7%
  0.0%1.9%
  8.4%7.6%
  0.0%0.1%
  3.7%4.2%
  12.0%9.3%
  7.7%14.0%
  3.3%2.1%
  1.5%7.0%
  5.6%4.8%
  1.7%4.7%
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