The typical owner-occupied home in Liberty is worth about $174,300, 33% below the South Carolina median of $259,000 and 48% below the national median of $332,700. Owners pay a median $684 a year in property taxes, about 0.39% of their home's value, lower than the South Carolina rate of 0.48%. The median household earns $42,206 a year, so the median home costs 4.1 times the median income (3.7 times for South Carolina). 79% of occupied homes here are lived in by their owners, and 54% of those owners still have a mortgage.
Liberty at a glance
| Liberty | South Carolina | U.S. | |
|---|---|---|---|
| Median home value | $174,300 | $259,000 | $332,700 |
| Median property tax paid per year | $684 | $1,251 | $3,119 |
| Property tax as a share of value | 0.39% | 0.48% | 0.94% |
| Median household income | $42,206 | $69,324 | $80,734 |
| Homes lived in by their owners | 79% | 72% | 65% |
| Owner homes with a mortgage | 54% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,225 | $1,529 | $1,963 |
| Those costs as a share of the owners' income | 28.6% | 19.7% | 21.0% |
| Median rent | $687 | $1,180 | $1,413 |
| Rent as a share of renters' income | 51.0% | 31.1% | 30.6% |
| Median year homes were built | 1972 | 1992 | 1980 |
| Vacant homes | 4.2% | 13.3% | 10.1% |
| Population | 3,350 | 5,296,225 | 334,922,499 |
What a typical home costs per month in Liberty
At this week's average 30-year rate of 7.11%, buying the median Liberty home of $174,300 with 20% down costs about $1,067 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,358, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $45,741 for the 20%-down payment. That payment is 30% of the median Liberty household income of $42,206; at that income and 20% down, the 28% guideline points to a home of about $161,000.
The median rent here is $687 a month, so owning the median home costs about $380 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $34,860 |
|---|---|
| Loan amount | $139,440 |
| Principal and interest | $938 |
| Property taxes (0.39% a year) | $57 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| PMI | $0 |
| Total per month | $1,067 |
Change the numbers in the calculator
| Down payment | $6,100 |
|---|---|
| Loan amount | $171,143 |
| Principal and interest | $1,151 |
| Property taxes (0.39% a year) | $57 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| FHA mortgage insurance | $77 |
| Total per month | $1,358 |
Change the numbers in the calculator
Questions about home buying in Liberty
What is the median home value in Liberty?
About $174,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Liberty?
Homeowners pay a median $684 a year, which is about 0.39% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Liberty?
For the median home with 20% down at 7.11%, the payment is about $1,067 a month. Keeping that under 28% of gross income takes about $45,741 a year.
More about Liberty
- Mortgage Refinance in Liberty
- Debt Relief in Liberty
- Home Equity Loans in Liberty
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data