Liberty, UT is a small town with an affordable lifestyle. The average 2 bedroom rent in Liberty, UT is $1,240, compared to the US average of $1,430 making it one of the most cost-effective places to live in the country. Additionally, the Grocery Cost Index is 97 versus 100 in the US making it an even more attractive option for those on a budget. Liberty has a good business environment with local companies such as Liberty Farm Supply and Liberty Market providing essential services to the community. All in all, Liberty offers considerable affordability when it comes to living costs for people looking to move to or reside in Utah.
Liberty has an unemployment rate of 3.1%. The US average is 6.0%.
Liberty has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.
Tax Rates for Liberty
- The Sales Tax Rate for Liberty is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Liberty is 5.0%. 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 $32,743 a year. The US average is $37,638 a year.
- The Median household income of a Liberty resident is $109,395 a year. The US average is $69,021 a year.