Liberty, TN
Population 367 · Tennessee
About Liberty, TN
Liberty is a small community located in Tennessee with a population of 367 residents according to the latest US Census Bureau American Community Survey data. The median household income is $44,205 per year, which is 41% below the national median of $75,149. The median age of 34.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Liberty features a median home value of $182,100, which is 26% below the national median of $244,900. This positions Liberty in a moderately priced market relative to the rest of the country. Median monthly rent is $758, 35% below the national average of $1,163/month. Of the 174 total housing units, 62% are owner-occupied (102 units) and 38% are renter-occupied (63 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Liberty shows an unemployment rate of 9.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 18.5%, above the national average of 12.4%. Workers in Liberty have an average one-way commute time of 31 minutes.
Education & Demographics
17.5% of Liberty residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 2.5% White, 1.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.5% of the population being foreign-born.
Cost of Living in Liberty, TN
Compared to national averages, Liberty has a median household income of $44,205 (41% below the national median of $75,149). Home values average $182,100, which is 26% below the national median. Monthly rent at $758 is 35% below the US average of $1,163. Within Tennessee, Liberty's income is 30% below the state average of $62,849, and home values are 15% below the state median of $214,371.
Why Live in Liberty, TN?
Liberty offers affordable housing with a median home value of $182,100, below the US average of $244,900, and rent that’s lower than the national average at $758/month.
Potential considerations include median household income ($44,205) that falls below the national average. However, Liberty’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Liberty has a population of 367 with a median age of 34.4 years. Compare Liberty with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Liberty
Cities in Tennessee with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Liberty
What is the population of Liberty, TN?
The population of Liberty, TN is 367 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Tennessee.
What is the median household income in Liberty?
The median household income in Liberty, TN is $44,205 per year, which is 41% below the national median of $75,149.
What is the median home value in Liberty?
The median home value in Liberty, TN is $182,100, which is 26% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Liberty?
The median monthly rent in Liberty, TN is $758, which is 35% below the national average of $1,163/month.
What is the unemployment rate in Liberty?
The unemployment rate in Liberty, TN is 9.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Liberty, TN a good place to live?
Liberty offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 367 and a median age of 34.4, the city appeals to young professionals and families.
How educated is Liberty, TN?
17.5% of residents in Liberty aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Liberty?
Key cost-of-living indicators for Liberty, TN: median home value is $182,100 (26% below national), median rent is $758/month, and median household income is $44,205. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Liberty?
The poverty rate in Liberty, TN is 18.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Liberty, TN?
Liberty's population is 2.5% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.3% two or more races. 2.5% of residents are foreign-born.