Morris, NY Economy


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Morris, NY is a small town located in Otsego County. It has a population of about 714 people and is known for its scenic beauty and peaceful atmosphere. The average rent for two bedrooms in Morris, NY is $970, which is much lower than the US average of $1,430. There are several local companies and stores in Morris such as Morris Pharmacy, Susan's Shopping Center, and Grocery Express. People living in Morris can also benefit from a low grocery cost index of 98 compared to 100 in the United States. All these factors combined make Morris an attractive place to live and work.

Morris has an unemployment rate of 6.3%. The US average is 6.0%.

Morris has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.

Tax Rates for Morris
- The Sales Tax Rate for Morris is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Morris is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Morris
- The average income of a Morris resident is $25,238 a year. The US average is $28,555 a year.
- The Median household income of a Morris resident is $55,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMorris, New YorkUnited States
  6.36
  -7.5%-6.2%
  19.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $33,050$37,638
  $55,750$69,021
  $79,813$85,028
  Population by Occupation
  5.5%1.2%
  0.0%0.5%
  3.3%6.8%
  13.8%10.0%
  0.9%2.5%
  12.8%11.0%
  5.4%4.8%
  0.7%0.8%
  1.6%1.9%
  3.2%4.7%
  0.0%1.9%
  1.3%7.6%
  0.0%0.1%
  2.9%4.2%
  14.8%9.3%
  21.4%14.0%
  3.3%2.1%
  6.2%7.0%
  0.1%4.8%
  2.8%4.7%
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