Morrisonville, IL is a small town located in Montgomery County. It has a population of approximately 1,475 people and offers a peaceful atmosphere to its residents. The cost of living in Morrisonville is fairly low with the average rent for two bedroom apartments being $830 per month, while the national average is $1,430. Additionally, the Grocery Cost Index for Morrisonville is 92 which is lower than the US benchmark of 100. The town provides many attractions such as Busch Stadium which is home to the St Louis Cardinals and Wildey Theatre which shows films from around the world. Businesses that are local to Morrisonville include Kmaz Co Inc., SG Ritzinger Metals, and Airtron Midwest.
Morrisonville has an unemployment rate of 6.3%. The US average is 6.0%.
Morrisonville has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Morrisonville
- The Sales Tax Rate for Morrisonville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Morrisonville 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 Morrisonville
- The average income of a Morrisonville resident is $23,295 a year. The US average is $28,555 a year.
- The Median household income of a Morrisonville resident is $59,700 a year. The US average is $69,021 a year.