Morley, MI Economy


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Morley, MI is a small town located in Michigan. It is known for its friendly people and affordable living costs. The average 2 bedroom rent here is $970, which is significantly lower than the US average of $1,430. Similarly, the Grocery Cost Index in Morley is 91 compared to 100 in the US. This makes it a great option for those looking for more affordable living costs. There are several local businesses that are well-known throughout the area such as Morley Supermarkets, Morley Hardware Store and Morley Bank. There are also plenty of amenities available such as parks, trails, golf courses and shopping malls. With its low cost of living and many recreational activities available, Morley is a great place to live or visit.

Morley has an unemployment rate of 7.0%. The US average is 6.0%.

Morley has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.

Tax Rates for Morley
- The Sales Tax Rate for Morley is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Morley is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Morley
- The average income of a Morley resident is $16,584 a year. The US average is $37,638 a year.
- The Median household income of a Morley resident is $26,806 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMorley, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
Family Median Income 85028
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