Население и экономика города Фридом по данным переписи 2000 года.

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As of the census of 2000, there were 271 people, 108 households, and 77 families residing in the town. The population density was There were 129 housing units at an average density of The racial makeup of the town was 95.94% White, 0.74% Asian, 2.21% from other races, and 1.11% from two or more races. Hispanic or Latino of any race were 2.58% of the population. There were 108 households, out of which 35.2% had children under the age of 18 living with them, 58.3% were married couples living together, 10.2% had a female householder with no husband present, and 27.8% were non families. 25.0% of all households were made up of individuals, and 12.0% had someone living alone who was 65 years of age or older. The average household size was 2.51 and the average family size was 2.97. In the town, the population was spread out, with 29.2% under the age of 18, 6.6% from 18 to 24, 26.2% from 25 to 44, 21.4% from 45 to 64, and 16.6% who were 65 years of age or older. The median age was 38 years. For every 100 females, there were 81.9 males. For every 100 females age 18 and over, there were 86.4 males. The median income for a household in the town was $36,250, and the median income for a family was $38,500. Males had a median income of $31,458 versus $22,500 for females. The per capita income for the town was $20,255. About 5.4% of families and 9.3% of the population were below the poverty line, including 6.8% of those under the age of eighteen and 11.1% of those 65 or over.

Cargill Salt has a solar salt processing plant 8.0 mile (13 km) west of Freedom. The salt is sold for livestock and industrial use. Ezra Blackmon opened a salt factory and began mechanized production, in 1935, as Blackmon Salt Company. In 1982, Cargill purchased the salt plant, expanded the evaporative ponds, and began its production in 1988. Freedom State Bank was a long time presence in Freedom from its founding by David H. Powers, in 1919. When Powers died in 1934, his son, James G. (Jim) Powers, became president and kept the bank open through the Great Depression. In 1954, Nixon, James Powers' brother in law and long time bank employee, became president and chief executive officer. As majority stockholder, Jim Powers continued to serve as chairman of the bank’s board of directors until his death in 1988. The bank was closed by the Federal Deposit Insurance Corporation on June 27, 2014 after regulators found that Freedom State Bank was “critically under capitalized” and had determined that its capital position was “rapidly deteriorating.” Freedom State Bank reopened as a branch of Alva State Bank & Trust following the closure.,

Alabaster Caverns State Park is located 6 mile (10 km) south of Freedom.