Liberty, NY Economy


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United States / New York / No Metro Area / Sullivan County / Liberty / Zip Codes
Liberty, NY is a small town located in Sullivan County. The population is estimated to be around 4,000 people and the cost of living in the area is relatively low. The average 2 bedroom rent in Liberty is $1,430 which is comparable to the national average of $1,430 for 2 bedroom rent. Additionally, the grocery cost index in Liberty is 98 compared to 100 nationwide. As far as businesses and industries go, there are several local companies located within Liberty such as T&K Asphalt Services Inc. and Shaver Building Supply Co., both of which are construction and related service providers. For those who like outdoor activities there are also many recreational activities available such as skiing at nearby Belleayre Mountain Ski Center or horseback riding at Hunter Brook Horse Farm.

Liberty has an unemployment rate of 6.7%. The US average is 6.0%.

Liberty has seen the job market increase by 6.0% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.

Tax Rates for Liberty
- The Sales Tax Rate for Liberty is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Liberty is 6.5%. 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 $24,394 a year. The US average is $28,555 a year.
- The Median household income of a Liberty resident is $52,134 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLiberty, New YorkUnited States
  6.76
  -7.1%-6.2%
  41.0%33.5%
  8.0%6.2%
  6.2%4.6%
  $26,096$37,638
  $52,134$69,021
  $66,161$85,028
  Population by Occupation
  2.1%1.2%
  0.3%0.5%
  5.8%6.8%
  9.0%10.0%
  0.7%2.5%
  6.9%11.0%
  8.2%4.8%
  1.3%0.8%
  0.4%1.9%
  4.0%4.7%
  2.2%1.9%
  2.9%7.6%
  0.0%0.1%
  2.6%4.2%
  14.2%9.3%
  22.5%14.0%
  1.0%2.1%
  4.9%7.0%
  4.4%4.8%
  6.7%4.7%
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