Mount Morris, IL is an affordable city located in Ogle County with a population of about 2,400 people. The 2 bedroom rent is significantly lower than the national average at $880, and grocery cost index is also considerably lower than other cities at 90 compared to the US average of 100. There are many local businesses that make this small town an attractive place to live such as O'Halloran's Pub and Grill, Capponi's Pizza, and Dollar General. Mount Morris is an ideal place for those looking for a safe and affordable home.
Mount Morris has an unemployment rate of 6.3%. The US average is 6.0%.
Mount Morris has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.
Tax Rates for Mount Morris
- The Sales Tax Rate for Mount Morris is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Mount 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 Mount Morris
- The average income of a Mount Morris resident is $27,310 a year. The US average is $37,638 a year.
- The Median household income of a Mount Morris resident is $34,728 a year. The US average is $69,021 a year.