Median Income
$72,917
household / year
Median Home Value
$135,400
owner-occupied
Median Rent
$921
gross / month
Cost of Living
94
national avg = 100

Is Liberty, IL a Good Place to Live?

Liberty is a small town of 401 in Illinois, with a median household income of $72,917 and a 0.9% unemployment rate. Its cost of living index is 94 (US average = 100), which is 6% below the national average.

Strengths: Liberty stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Liberty is right for you depends on your priorities — the full breakdown is below.

All Liberty city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 94.1

Liberty's overall cost of living index is 94.1, where 100 represents the US national average. Living in Liberty costs roughly 6% less than the average American city.

Metric Liberty, IL National Avg
Median Home Value $135,400 $244,900
Median Monthly Rent $921 $1,163
Homeownership Rate 84.6% 65.9%
Median Household Income $72,917 $74,755

Crime & Safety

Crime data for Liberty is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Liberty is served primarily by Liberty CUSD 2. The student-to-teacher ratio is 12.8:1 (better than the national average of ~16:1).

Metric Liberty, IL National Avg
School District Liberty CUSD 2 —
Elementary Schools 1 —
Middle Schools N/A —
High Schools 1 —
Student/Teacher Ratio 12.8:1 16:1
Bachelor's Degree or Higher 17.6% 35.4%
High School Diploma or Higher 98.0% 91.1%

Weather & Climate

Liberty sees average highs of 34.6°F in January and 86.0°F in July, with 36.4 inches of annual precipitation and 17.0 inches of snow per year.

MetricLiberty, IL
Average High — January34.6°F
Average High — July86.0°F
Annual Precipitation36.4"
Annual Snowfall17.0"

Demographics

MetricLiberty, ILNational Avg
Population401—
Median Age41.438.9
Unemployment Rate0.9%3.7%
Avg Commute Time24.6 min26 min
White (non-Hispanic)98.5%59.3%
Black or African American0.0%13.6%
Hispanic or Latino1.5%18.9%
Asian0.0%6.3%
Under 1828.9%22.2%
65 and over23.2%16.8%

Nearby Cities

Liberty vs Other Cities

Frequently Asked Questions

Liberty's cost of living index is 94, where 100 is the national average. That makes Liberty roughly 6% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $135,400 and median rent is $921/month.
Crime data for Liberty is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Liberty are operated by Liberty CUSD 2. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 12.8:1. 17.6% of adults 25+ hold a bachelor's degree or higher.
Liberty, IL has a population of 401, a median household income of $72,917, and an unemployment rate of 0.9%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Liberty averages 34.6°F in January and 86.0°F in July. Annual rainfall is 36.4 inches with about 17.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Liberty, Illinois is 401 with a median age of 41.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Liberty: cost of living index 94 (100 = US average), median home $135,400, median household income $72,917, schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Liberty side by side with your current city to see the trade-offs.