Liberty, IN is a great place to live. The 2 bedroom rent is much lower than the national average, making it an affordable option for many people. The grocery cost index in Liberty is also less than the national rate, which makes it an ideal place to save money while living comfortably. Liberty has some of the best local businesses and companies such as The Town and Country Store, Goedde’s Bar and Grill, and D&D Automotive Repair. These shops provide quality goods and services that make life in Liberty enjoyable for everyone.
Liberty has an unemployment rate of 3.4%. The US average is 6.0%.
Liberty has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher 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 4.7%. 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 $28,295 a year. The US average is $37,638 a year.
- The Median household income of a Liberty resident is $54,063 a year. The US average is $69,021 a year.