Liberty, NC is an ideal location for renters who want to save money and live comfortably. The average two bedroom rent in Liberty, NC is $1,090 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Liberty, NC is 95 compared to 100 in the US in general; meaning groceries cost less here too. With that extra money saved from rent and groceries, residents can enjoy all that Liberty has to offer such as the renowned Johnson County Museum and local businesses like Goodwill Industries of Central North Carolina Inc., H&M Auto Sales & Service Inc., and Strickland's Home Maintenance LLC.
Liberty has an unemployment rate of 4.5%. The US average is 6.0%.
Liberty has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Liberty
- The Sales Tax Rate for Liberty is 7.0%. 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 $20,269 a year. The US average is $28,555 a year.
- The Median household income of a Liberty resident is $41,657 a year. The US average is $69,021 a year.