Living in Liberty, Tennessee

Cost of living, income, home prices, rent and demographics of Liberty · Census data 2020–2024

Liberty has 406 residents with a median age of 34. The median household income is $45,781 (34% lower than the Tennessee median), the median home value is $186,500, the median rent is $534/month.

Liberty is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Liberty at a glance

Population
406
Median age
34State: 38.9
Median household income
$45,781State: $69,595
Median home value
$186,500State: $286,700
Median rent
$534/moState: $1,189
Homeowners
73.2%
Bachelor's degree or higher
15.9%
Average commute
36 min

Is Liberty a good place to live?

Pros: Home values 35% lower than the state median.

Cons: Median household income 34% lower than the Tennessee median; an average commute of 36 minutes; unemployment of 6.8%; a poverty rate of 14.9%.

The weather is best in April–May and September–October.

Cost of living in Liberty

Housing is the biggest part of the cost of living. In Liberty the median home value is $186,500, 44% lower than the U.S. median. Renters pay a median of $534 per month, which is 38.3% of household income. Homeowners with a mortgage pay $1,208 a month in housing costs.

Median home value

Liberty$186,500
Tennessee$286,700
United States$332,700

Median monthly rent

Liberty$534
Tennessee$1,189
United States$1,413

Liberty median household income

The median household income in Liberty is $45,781 and the income per person is $25,988. 14.9% of residents live below the poverty line (Tennessee: 13.8%).

Median household income

Liberty$45,781
Tennessee$69,595
United States$80,734

Housing in Liberty: homes for sale and rent

Housing units
191
Owner-occupied
73.2%
Renter-occupied
26.8%
Vacant
6.3%Includes seasonal homes
Median year built
1968
Average household size
2.27

Liberty demographics

Population
406
Median age
34
Under 18
24.1%
65 and older
15.3%
Households
179
Foreign-born
1.5%
Veterans
5.8%Adults 18+

Race and ethnicity

White91.9%
Hispanic or Latino1%
Black0.5%
Asian1%

Hispanic or Latino can be of any race. Population history of Liberty ›

Education in Liberty

15.9% of adults 25 and older in Liberty have a bachelor's degree or higher (Tennessee: 31.1%), and 3% have a graduate or professional degree.

Bachelor's degree or higher

Liberty15.9%
Tennessee31.1%
United States35.7%

Jobs and commute in Liberty

Unemployment rate
6.8%State: 4.7%
Average commute
36 minState: 26 min
Work from home
1.1%
Drive alone
87.7%
Public transit
0%
Walk to work
1.1%
Homes with broadband
90.5%

Liberty vs nearby towns

TownPopulationMedian incomeHome valueRent
Liberty406$45,781$186,500$534
Dowelltown434$35,313$155,700$695
Alexandria1,136$50,116$220,100$789
Auburntown318$73,571$245,200$1,067
Smithville5,288$33,192$194,200$740
Watertown1,463$68,148$250,000$1,036
Gordonsville1,299$57,688$251,400$889
Woodbury2,774$58,466$216,400$812
Norene137$122,054$341,700—

More for people moving to Liberty

Liberty ZIP code ›Weather and climate ›

Living in Liberty: FAQ

What is the median household income in Liberty, TN?

The median household income in Liberty is $45,781, 34% lower than the Tennessee median of $69,595 (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 $186,500, compared with $286,700 in Tennessee.

How much is rent in Liberty?

The median gross rent in Liberty is $534 per month, about 38.3% of household income.

Is Liberty, TN a good place to live?

Pluses: home values 35% lower than the state median. Minuses: median household income 34% lower than the Tennessee median; an average commute of 36 minutes; unemployment of 6.8%; a poverty rate of 14.9%.

What is the median age in Liberty?

The median age in Liberty is 34 years (Tennessee: 38.9).

How long is the commute in Liberty?

The average commute to work in Liberty is 36 minutes; 1.1% of workers work from home.

What is the unemployment rate in Liberty?

The unemployment rate in Liberty is 6.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Liberty?

15.9% 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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