Morrison, IA is a great city with plenty of local companies and amenities to enjoy. The rent for two-bedroom apartments is much lower than the national average, at $820 compared to $1,430. The cost of groceries is also much lower in Morrison than the US average, with an index of 96 versus 100. Local companies include Morrison Electric Company, Office Outfitters Plus, and A+ Landscaping & Construction. Popular amenities include Lake Red Rock, Mahaska State Park, and Prairie Creek Recreation Area. There is something for everyone in Morrison!
Morrison has an unemployment rate of 4.3%. The US average is 6.0%.
Morrison has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.
Tax Rates for Morrison
- The Sales Tax Rate for Morrison is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Morrison is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Morrison
- The average income of a Morrison resident is $26,791 a year. The US average is $28,555 a year.
- The Median household income of a Morrison resident is $77,500 a year. The US average is $69,021 a year.