Morrill, ME is a small town located in Lincoln County. This charming community has a population of approximately 1,000 people. It's a great place to live for those who want to escape the hustle and bustle of city life. The rent for a two bedroom apartment is more affordable than the US average at $1,120 per month. Those looking to save on groceries can also take advantage of Morrill's lower grocery cost index, which stands at 107 versus 100 in the US.
Morrill is home to several local companies such as Smith’s Market, Morrill Pharmacy and Grill 24 Roadside Restaurant. These businesses offer quality products and services at reasonable prices that help make it easier to live in Morrill while still getting what you need. In summary, Morrill has an overall low cost of living with affordable rent and grocery prices that make it possible for residents to live comfortably without breaking their budget.
Morrill has an unemployment rate of 4.1%. The US average is 6.0%.
Morrill has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 34.9%, which is higher than the US average of 33.5%.
Tax Rates for Morrill
- The Sales Tax Rate for Morrill is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Morrill is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Morrill
- The average income of a Morrill resident is $23,939 a year. The US average is $28,555 a year.
- The Median household income of a Morrill resident is $73,958 a year. The US average is $69,021 a year.