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New Liberty

Learn about the people, housing, costs and businesses in New Liberty, Iowa

Median Home$249,500
Median Rent$958/month
Population126
Leading IndustriesFinance & Insurance · Information & Media · Retail10% finance & insurance
Home Value Growth⬆⬆+13.5% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners83% of occupied units
NotableTransit88/100 · excellent transit access
NotableHigh Incomes$90k/year · top 25% nationally
New Liberty
IA

Frequently Asked Questions

What are today's mortgage rates in New Liberty?

As of today, the 30-year fixed mortgage rate for New Liberty is approximately 7.060% (7.105% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in New Liberty?

The median home value in New Liberty is $250k. The median monthly rent is $958. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Liberty?

Home values in New Liberty have increased 13.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in New Liberty?

Based on a typical all-in ownership cost of $1,011/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Liberty is $90k/year.

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What industries drive the economy in New Liberty?

The largest employment sectors in New Liberty are public administration (25%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.