Freedom is an unincorporated community in both northeastern Caribou County, Idaho, and northwestern Lincoln County, Wyoming, in the United States; the Wyoming portion of the community is also a census-designated place (CDP).

[5] According to the United States Census Bureau, the CDP has a total area of 4.0 sq mi (10 km2), all land.

Similar to Colorado City, Arizona and Hildale, Utah, the community was settled as a border town by Mormon polygamists in order to escape arrest for polygamy: they could be free from Idaho police simply by walking into Wyoming.

The headquarters of Freedom Arms, a gun factory and maker of a .454 Casull handgun, is located in the Wyoming portion of the community.

[8] The population of the ZCTA for ZIP Code 83120 was 471 at the 2000 census, with a racial makeup of 98.5% White, and 1.5% some other race.