Liberty City, TX Economy


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Liberty City, TX is an ideal town for those looking for a place to settle with their families. It is known for its affordable housing market, with two-bedroom apartments usually renting out for around $1,030. The cost of living in Liberty City is relatively low compared to other cities in Texas and the US overall. A grocery cost index of 92 versus 100 in the US allows individuals to save money on food and groceries. \nLocal companies like Wal-Mart and Burger King provide essential services in Liberty City, while smaller businesses such as banks, restaurants and stores are also present within the city limits. It is easy to find work here with employment opportunities ranging from manufacturing to retail sales. All these factors make Liberty City a great place to live and raise a family!

Liberty City has an unemployment rate of 8.0%. The US average is 6.0%.

Liberty City has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.

Tax Rates for Liberty City
- The Sales Tax Rate for Liberty City is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Liberty City is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Liberty City
- The average income of a Liberty City resident is $27,672 a year. The US average is $28,555 a year.
- The Median household income of a Liberty City resident is $76,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLiberty City, TexasUnited States
  86
  -7.2%-6.2%
  19.8%33.5%
  8.3%6.2%
  0.0%4.6%
  $30,094$37,638
  $76,250$69,021
  $84,314$85,028
  Population by Occupation
  0.0%1.2%
  12.0%0.5%
  3.0%6.8%
  15.5%10.0%
  20.0%2.5%
  6.2%11.0%
  3.5%4.8%
  1.0%0.8%
  2.1%1.9%
  3.1%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.5%4.2%
  6.7%9.3%
  8.3%14.0%
  0.0%2.1%
  7.6%7.0%
  6.7%4.8%
  3.8%4.7%
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