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Liberty, TN

Full City Profile · Tennessee · Smith County County

2.7 /5.0
C+ Fair
367 Population 316/sq mi density
$44,205 Median Income $25,152 per capita
$182,100 Home Value $333,698 Zillow
$758 Median Rent 51.0% income on rent
59°F Avg Temperature 299 sunny days/yr
504 Violent Crime/100K 1,915 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$44,205 median income, 6.1% unemployment
A
Affordability
4.4 / 5.0
$182,100 home value, $758/mo rent
F
Safety
1.0 / 5.0
504 violent crimes/100K (33% above avg)
C
Education
2.4 / 5.0
17.5% bachelor's degree or higher

Housing Overview

Median Home Value
$182,100
35% below
US avg: $281,900
Median Rent
$758/mo
35% below
US avg: $1,163/mo
Homeownership Rate
61.8%
6% below US avg (65.4%)
Total Housing Units
178
Median year built: 1971

Home Value by Source

Census Median
$182,100
Zillow (ZHVI)
$333,698
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

61.8%
Owner-Occupied
38.2%
Renter-Occupied
62%
38%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent: $758/mo

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
61.8%

Complete Housing Data

Home Values

Census Median Value$182,100
Zillow Home Value (ZHVI)$333,698

Rent

Census Median Rent$758
FMR Studio$882
FMR 1-Bedroom$924
FMR 2-Bedroom$1,118
FMR 3-Bedroom$1,445
FMR 4-Bedroom$1,644

Market

Ownership & Stock

Owner-Occupied61.8%
Renter-Occupied38.2%
Homeownership Rate61.8%
Total Housing Units178
Median Year Built1971
Rent Burden51.0%