Morrison, MO is a small town located in Missouri, with a population just under 1,000 people. The cost of living in Morrison is quite affordable, which can be seen in the rental prices. An average two-bedroom apartment will cost about $1,160 per month compared to the US average rent of $1,430. The grocery cost index of Morrison is 92 versus 100 in the US. Local businesses can be found including Harding's Grocery & Hardware Store, Morrison Assembly Of God Church, and My Place Pizza & Pub. Whether you are looking for a place to live or just visiting for the day, Morrison offers residents and visitors an affordable atmosphere with lots of options to choose from.
Morrison has an unemployment rate of 4.1%. The US average is 6.0%.
Morrison has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Morrison
- The Sales Tax Rate for Morrison is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Morrison is 5.9%. 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 $24,348 a year. The US average is $28,555 a year.
- The Median household income of a Morrison resident is $34,375 a year. The US average is $69,021 a year.