Morgan City, MS is a great place to live for those who are looking for an affordable lifestyle. It has a 2 Bedroom Rent of $690, which is approximately half of the US rent price. Not only that, but the city also offers low grocery costs with an index of 93 compared to 100 in the US. Some local companies in Morgan City MS include: Magnolia Health Corporation, Tower Risk Management Solutions, and Odyssey Logistics & Technology. Each one provides unique services and opportunities for residents in the area.
Morgan City has an unemployment rate of 9.5%. The US average is 6.0%.
Morgan City has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Morgan City
- The Sales Tax Rate for Morgan City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Morgan City 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 Morgan City
- The average income of a Morgan City resident is $7,758 a year. The US average is $28,555 a year.
- The Median household income of a Morgan City resident is $16,950 a year. The US average is $69,021 a year.