Living in Liberty, New Jersey
Cost of living, income, home prices, rent and demographics of Liberty · Census data 2020–2024
Liberty has 2,680 residents with a median age of 49.4. The median household income is $120,494 (16% higher than the New Jersey median), the median home value is $363,600, the median rent is $1,695/month.
Liberty at a glance
- Population
- 2,680
- Median age
- 49.4State: 40.1
- Median household income
- $120,494State: $103,556
- Median home value
- $363,600State: $454,400
- Median rent
- $1,695/moState: $1,720
- Homeowners
- 90%
- Bachelor's degree or higher
- 36%
- Average commute
- 37 min
Is Liberty a good place to live?
Pros: Median household income 16% higher than the New Jersey median; home values 20% lower than the state median; unemployment of 1%.
Cons: An average commute of 37 minutes; a poverty rate of 9.9%.
The weather is best in June to September.
Cost of living in Liberty
Housing is the biggest part of the cost of living. In Liberty the median home value is $363,600, 9% higher than the U.S. median. Renters pay a median of $1,695 per month, which is 24.8% of household income. Homeowners with a mortgage pay $2,211 a month in housing costs.
Liberty median household income
The median household income in Liberty is $120,494 and the income per person is $55,518. 9.9% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Liberty: homes for sale and rent
- Housing units
- 1,106
- Owner-occupied
- 90%
- Renter-occupied
- 10%
- Vacant
- 6.2%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.57
Liberty demographics
- Population
- 2,680
- Median age
- 49.4
- Under 18
- 16.2%
- 65 and older
- 18.7%
- Households
- 1,037
- Foreign-born
- 7%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Liberty ›
Education in Liberty
36% of adults 25 and older in Liberty have a bachelor's degree or higher (New Jersey: 43.6%), and 11.2% have a graduate or professional degree.
Jobs and commute in Liberty
- Unemployment rate
- 1%State: 6.3%
- Average commute
- 37 minState: 31 min
- Work from home
- 13.4%
- Drive alone
- 77.4%
- Public transit
- 0.6%
- Walk to work
- 1.7%
- Homes with broadband
- 93.3%
Liberty vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Liberty | 2,680 | $120,494 | $363,600 | $1,695 |
| Mountain Lake | 574 | $108,056 | $340,000 | $1,808 |
| Independence | 5,536 | $92,243 | $390,100 | $1,603 |
| Hope | 1,818 | $105,625 | $426,600 | $1,355 |
| Vienna | 999 | $170,913 | $482,600 | — |
| Silver Lake | 284 | $107,083 | $293,200 | — |
| Mount Hermon | 207 | $55,417 | $405,200 | — |
| Mansfield | 7,778 | $88,845 | $367,300 | $1,438 |
| Oxford | 2,665 | $102,600 | $263,200 | $1,635 |
More for people moving to Liberty
Liberty ZIP code ›Weather and climate ›Living in Liberty: FAQ
What is the median household income in Liberty, NJ?
The median household income in Liberty is $120,494, 16% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Liberty?
The median home value in Liberty is $363,600, compared with $454,400 in New Jersey.
How much is rent in Liberty?
The median gross rent in Liberty is $1,695 per month, about 24.8% of household income.
Is Liberty, NJ a good place to live?
Pluses: median household income 16% higher than the New Jersey median; home values 20% lower than the state median; unemployment of 1%. Minuses: an average commute of 37 minutes; a poverty rate of 9.9%.
What is the median age in Liberty?
The median age in Liberty is 49.4 years (New Jersey: 40.1).
How long is the commute in Liberty?
The average commute to work in Liberty is 37 minutes; 13.4% of workers work from home.
What is the unemployment rate in Liberty?
The unemployment rate in Liberty is 1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Liberty?
36% of adults in Liberty have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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