Morrison County, MN Economy


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United States / Minnesota / No Metro Area / Morrison County / Cities / Zip Codes
Morrison, MN County is an excellent place to live for those looking for an affordable lifestyle. The 2 Bedroom Rent here is $840, significantly lower than the US average of $1,430. Grocery Cost Index is also lower than the national index, making it a great option for those on a budget. This county is home to many respected companies such as Smith & Jones Industries, Johnson & Miller Co., and Anderson Enterprises. These businesses provide many jobs and opportunities to the local community and contribute to its growing economy.

Morrison County has an unemployment rate of 7.1%. The US average is 6.0%.

Morrison County has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Morrison County
- The Sales Tax Rate for Morrison County is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Morrison County is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Morrison County
- The average income of a Morrison County resident is $24,091 a year. The US average is $28,555 a year.
- The Median household income of a Morrison County resident is $61,873 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMorrison, MinnesotaUnited States
  7.16
  0.4%-6.2%
  24.7%33.5%
  7.4%6.2%
  7.1%4.6%
  $31,745$37,638
  $61,873$69,021
  $76,756$85,028
  Population by Occupation
  6.0%1.2%
  0.2%0.5%
  7.5%6.8%
  15.0%10.0%
  2.8%2.5%
  10.9%11.0%
  4.0%4.8%
  0.6%0.8%
  0.6%1.9%
  2.6%4.7%
  0.7%1.9%
  3.4%7.6%
  0.1%0.1%
  4.4%4.2%
  7.2%9.3%
  16.8%14.0%
  1.5%2.1%
  5.4%7.0%
  4.8%4.8%
  5.4%4.7%
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