Cost of Living in Liberty Hill, TX

Population 6,706 · Texas · Data vintage 2023

114
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Liberty Hill is a smaller Texas community of around 7000 residents, where median household incomes of $111,000 and housing costs ($351,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 15 miles northwest of Round Rock, Liberty Hill falls within that metro's commuting orbit. Median home values run roughly 9% lower than Round Rock's $384,000.

Cost Overview

Housing 115
Rent 113

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Liberty Hill

The median home value in Liberty Hill is $350,500 — 15% above the national median of $305,000. Median rent runs $1,491/month, 13% higher than the national median of $1,314/month. The median household income of $111,000/year is 49% higher than the US median of $74,580. The local unemployment rate is 3.6%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 77.6°F and lows of 57.2°F. Overall, Liberty Hill has a cost of living index of 114 versus the US average of 100, meaning it is 14% more expensive.

🏠 Housing

Median Home Value
$350,500
15% above avg
Zillow Home Value
$490,456
Zillow ZHVI
Median Rent
$1,491/mo
13% above avg
Zillow Rent
$2,246/mo
Zillow ZORI
Price-to-Rent Ratio
19.6x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 61.9%
Renter-occupied 38.1%

💰 Estimated Monthly Budget

Rent median rent
$1,491
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,105/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
39.8 min
47% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.7%

Commute Mode

Drove alone
70.5%
Carpooled
12.2%
Walked
1.1%
Work from home
11.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$111,000
49% above avg
Per Capita Income
$30,781
Unemployment Rate
3.6%
26% below avg
Poverty Rate
8.6%
Labor Force Participation
73.1%

🎓 Education

Bachelor's degree+ 31.3%
Graduate degree 4.1%

👥 Demographics

Median Age 30.7
Male median age 27.4
Female median age 37.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
77.6°F
Avg Low
57.2°F
Annual Precip
33"
40° 55° 70° 85° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 606371788491949588796861
Low °F 404350576471737368604941
Precip" 1.852.082.672.904.022.802.012.893.193.512.852.26

Frequently Asked Questions

What is the cost of living in Liberty Hill, TX?

Liberty Hill has a cost index of 114 (100 = national average). It is 14% above the national average.

What is average rent in Liberty Hill, TX?

The median gross rent in Liberty Hill is $1,491 per month based on 2023 Census data.

What is the average home price in Liberty Hill?

The median home value in Liberty Hill is $350,500 according to Zillow and Census data.

What is the median income in Liberty Hill?

The median household income in Liberty Hill is $111,000 per year (2023 ACS 5-year estimates).

What is the sales tax in Liberty Hill, TX?

The combined state and local sales tax rate in Liberty Hill is 8.2%. Texas has no state income tax.

Is Liberty Hill, TX affordable?

Liberty Hill is above average in cost of living, with an index of 114 — about 14% higher than the national average.

What is the weather like in Liberty Hill?

Liberty Hill has average high temperatures of 77.6°F and average lows of 57.2°F. Annual precipitation is 33". Data from NOAA 1991–2020 Climate Normals.

Liberty Hill at a Glance

Population
6,706
Median Income
$111,000
Home Value
$350,500
Median Rent
$1,491/mo
Unemployment
3.6%
Avg High Temp
77.6°F
Sales Tax
8.2%
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Explore county-level cost of living data

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