Liberal, MO Economy


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United States / Missouri / No Metro Area / Barton County / Liberal / Zip Codes
Liberal, MO is a small town located in the state of Missouri, known for its affordability and friendly atmosphere. The cost of living in Liberal is well below the national average; average 2 bedroom rent is only $820 compared to the US average of $1,430. Similarly, grocery costs are 92 out of 100 compared to the US average. The lower cost of living makes Liberal an attractive place for families on a budget. Local businesses include Miller Family Pharmacy, White Oaks Gourmet Grocery & Deli, and Kingsway Auto Parts. All three companies offer excellent services and products at reasonable prices.

Liberal has an unemployment rate of 3.4%. The US average is 6.0%.

Liberal 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 19.3%, which is lower than the US average of 33.5%.

Tax Rates for Liberal
- The Sales Tax Rate for Liberal is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Liberal is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Liberal
- The average income of a Liberal resident is $15,347 a year. The US average is $28,555 a year.
- The Median household income of a Liberal resident is $40,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLiberal, MissouriUnited States
  3.46
  -1.1%-6.2%
  19.3%33.5%
  5.7%6.2%
  5.4%4.6%
  $20,300$37,638
  $40,625$69,021
  $58,281$85,028
  Population by Occupation
  2.2%1.2%
  0.0%0.5%
  7.8%6.8%
  10.0%10.0%
  3.3%2.5%
  8.1%11.0%
  10.0%4.8%
  0.0%0.8%
  3.7%1.9%
  15.9%4.7%
  0.0%1.9%
  4.1%7.6%
  0.0%0.1%
  3.7%4.2%
  5.6%9.3%
  10.4%14.0%
  0.7%2.1%
  5.2%7.0%
  2.2%4.8%
  7.0%4.7%
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