Morrisville, NY Economy


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Morrisville, NY is a great place to live. The cost of rent for two bedrooms is below the US average, making it an affordable option for those looking to relocate or buy a home. The grocery cost index in Morrisville is also lower than the national average, giving residents even more savings. There are many local companies that make Morrisville appealing such as C&D Logistics, Kenworth Northeast Group, and Shur-Way Moving & Storage. All these businesses provide jobs for people living in the area and also play a vital role in keeping Morrisville economically stable.

Morrisville has an unemployment rate of 6.3%. The US average is 6.0%.

Morrisville has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.

Tax Rates for Morrisville
- The Sales Tax Rate for Morrisville is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Morrisville is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Morrisville
- The average income of a Morrisville resident is $8,844 a year. The US average is $28,555 a year.
- The Median household income of a Morrisville resident is $48,095 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMorrisville, New YorkUnited States
  6.36
  -4.6%-6.2%
  22.8%33.5%
  4.0%6.2%
  6.2%4.6%
  $9,649$37,638
  $48,095$69,021
  $48,958$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  3.4%6.8%
  1.2%10.0%
  0.0%2.5%
  9.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.5%4.7%
  0.0%1.9%
  0.2%7.6%
  0.0%0.1%
  1.1%4.2%
  40.6%9.3%
  5.4%14.0%
  2.5%2.1%
  27.7%7.0%
  4.0%4.8%
  2.9%4.7%
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