Morton, MS Economy


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United States / Mississippi / No Metro Area / Scott County / Morton / Zip Codes
Morton, MS is a small city located in Scott County. It's known for its history and friendly community. The cost of living is quite affordable compared to the national average, with 2 bedroom rent being $840 versus the US average of $1,430. Additionally, grocery cost index in Morton is 98 versus 100 in the US. Local attractions include Elkin Park, where visitors can camp or take part in outdoor activities like fishing and horseback riding. Also nearby is Campbells Creek Golf Course which offers a challenging 18-hole course set amongst beautiful scenery. Morton also has a variety of businesses such as BancorpSouth Bank, Whitaker’s Automotive Repair and Sales, and McNeer Electric Company that employ many locals.

Morton has an unemployment rate of 5.0%. The US average is 6.0%.

Morton has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.

Tax Rates for Morton
- The Sales Tax Rate for Morton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Morton 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 Morton
- The average income of a Morton resident is $13,917 a year. The US average is $28,555 a year.
- The Median household income of a Morton resident is $33,508 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMorton, MississippiUnited States
  56
  -2.6%-6.2%
  35.5%33.5%
  7.0%6.2%
  5.0%4.6%
  $22,411$37,638
  $33,508$69,021
  $32,308$85,028
  Population by Occupation
  0.6%1.2%
  4.4%0.5%
  10.2%6.8%
  24.2%10.0%
  4.7%2.5%
  11.6%11.0%
  1.8%4.8%
  0.0%0.8%
  0.5%1.9%
  3.8%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  10.2%4.2%
  3.4%9.3%
  6.2%14.0%
  0.5%2.1%
  5.3%7.0%
  8.6%4.8%
  4.0%4.7%
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