Liberty, Kentucky is a small town with just over 2,000 residents. Retirees should feel welcome, as they make up 25% of the population compared to 14% nationally, while young professionals appear in smaller numbers. With an average age of just over 44, the town's population is older than most cities in Kentucky. Home ownership is more common than renting in the area, and 26% of residents rent. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $459 per month. Over the course of a year, renters in Liberty will save around $3,900 compared to the state average.
Liberty residents have an average commute of about 20 minutes, faster than the state average of about 23 minutes. Many residents (34%) commute to work by car or truck, while public transit is not used. Walking isn't a common means of commuting to work.
Ten percent of the population in Liberty works in manufacturing, making it the most common industry. Meanwhile, looking at job function, many workers in these industries are in management, as 6% of the town's population reports this as their field of work, the highest number of any career path. With an average annual income of around $51K, Liberty workers earn about $12,000 less than their peers elsewhere in the state. The town's average income also trails the national average ($73,345). Compared to the national average, Liberty has a large concentration of residents over the age of 25 who have earned a high school degree or GED (28%). In addition, 5% have a Bachelor's degree and 6% have earned a Master's or Doctoral degree.
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