Total monthly cost of ownership
Cost to Own a Home in Liberty, North Carolina
A $153,000 home here costs
$1,276per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $787. The real number is $490 higher every month — 62% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Liberty against Randolph County and North Carolina
| Measure | Liberty | Randolph County |
|---|---|---|
| Median home value | $152,800 | $171,600 |
| Median property tax | $1,233 | $1,236 |
| Effective tax rate | 0.807% | 0.720% |
| Median gross rent | $733 | $857 |
| Population | 2,678 | 145,322 |
The weather behind that power bill
Liberty sits in Randolph County, which averages a high of 88.3°F in its hottest month and a low of 29.4°F in its coldest, with 46.62" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,388 cooling and 3,539 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Randolph County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Randolph County
Full Randolph County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Liberty?
A $153,000 home in Liberty, North Carolina costs approximately $1,276 per month with 20% down at 6.66%. That is $787 principal and interest, $103 property tax, $55 homeowners insurance, $204 utilities and $128 set aside for maintenance.
What is the property tax rate in Liberty?
Liberty has an effective property tax rate of 0.807%, based on a median home value of $152,800 and median real estate taxes of $1,233. That is higher than the Randolph County average of 0.720%.
What is the average home price in Liberty?
The median owner-occupied home value in Liberty, North Carolina is $152,800, against $171,600 across Randolph County.
Is it cheaper to rent or buy in Liberty?
Median gross rent in Liberty is $733 a month, against $1,276 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Liberty — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for North Carolina.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.