Morris, IL is a charming town located in Grundy County, with a population of 11,705 according to the 2019 United States Census Bureau. The city provides an attractive cost of living for its citizens, especially when it comes to rental prices – 2 bedroom rents in Morris are $1,290 compared to the national rate of $1,430. Grocery costs also remain relatively low at 99 on the US index versus 100 in other parts of the country.
Nestled in rural Illinois farmlands, Morris has many popular local companies that make up part of its economy such as American Parkway Senior Living Community and Family Fare Supermarket which provide jobs and services that benefit the local community. For instance, American Parkway offers quality health care services and housing while Family Fare Supermarket supplies fresh food products to residents all over Morris. Such businesses play an invaluable role in maintaining a vibrant economy and creating a sense of community within Morris' unique culture.
Morris has an unemployment rate of 6.6%. The US average is 6.0%.
Morris has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Morris
- The Sales Tax Rate for Morris is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Morris is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Morris
- The average income of a Morris resident is $28,875 a year. The US average is $28,555 a year.
- The Median household income of a Morris resident is $65,911 a year. The US average is $69,021 a year.