Liberty, NJ is a small town located in the northeastern area of the United States. It has a population of around 20,000 people and offers a quiet suburban atmosphere. Rent for a two-bedroom apartment in Liberty costs around $1,670 per month, which is slightly higher than the national average of $1,430 for two bedrooms. Grocery costs in Liberty are also slightly higher with an index of 106 compared to 100 nationally. The town has several local businesses including Liberty Plaza Shopping Mall, Joe's Pizza Cafe and Subs, and Smart Solutions Auto Repair. These businesses provide residents with shopping options as well as places to eat and get their cars serviced.
Liberty has an unemployment rate of 7.0%. The US average is 6.0%.
Liberty has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Liberty
- The Sales Tax Rate for Liberty is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Liberty is 5.5%. 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 $34,880 a year. The US average is $28,555 a year.
- The Median household income of a Liberty resident is $108,125 a year. The US average is $69,021 a year.