Morrison, Illinois 

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Economy in Morrison, Illinois

Morrison has an unemployment rate of 5.4%. 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 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Morrison
- The Sales Tax Rate for Morrison is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Morrison 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 Morrison
- The average income of a Morrison resident is $24,941 a year. The US average is $28,555 a year.
- The Median household income of a Morrison resident is $46,922 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYMorrison, IllinoisUnited States
  5.4%6.0%
  -7.8%-6.2%
  24.5%33.5%
  7.3%6.2%
  5.0%4.6%
  $25,990$31,177
  $44,447$57,652
  $58,625$70,850
  POPULATION BY OCCUPATION
  0.7%1.3%
  0.0%0.6%
  8.7%6.2%
  17.9%10.4%
  0.4%2.7%
  16.5%11.6%
  3.2%4.1%
  0.5%0.9%
  0.2%2.1%
  2.4%4.7%
  0.0%1.9%
  6.0%6.7%
  0.0%0.1%
  1.2%4.3%
  8.0%9.3%
  15.4%13.8%
  4.5%2.2%
  5.2%7.4%
  4.3%4.9%
  5.0%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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