Morral, OH Economy


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equestId":"1c77e38c-8f36-452e-8a1e-c8f13724514f","resource":"content","data":[{"id":"txt_1deb9fd42b8641f5876e39f2ed64a9c6","text":", and discuss the cost of living\n \nMorral, OH is a small rural town located in Marion County. It is known for its family-friendly atmosphere with plenty of activities for both adults and children. The cost of living in Morral is much lower compared to the rest of the country. For example, two bedroom rent in Morral is only $860, which is much lower than the US average at $1,430. Additionally, grocery costs index in Morral are 95 versus 100 in the US. This difference allows locals to keep more of their hard earned money. Morral has several local businesses including Countryside Veterinary Clinic, Farm Boy General Store and S&S Auto Service Center. With its low cost of living and variety of local services, Morral is an ideal place to live for families or those looking to save money.

Morral has an unemployment rate of 4.3%. The US average is 6.0%.

Morral has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.

Tax Rates for Morral
- The Sales Tax Rate for Morral is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Morral is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Morral
- The average income of a Morral resident is $22,702 a year. The US average is $28,555 a year.
- The Median household income of a Morral resident is $60,156 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMorral, OhioUnited States
  4.36
  -4.8%-6.2%
  26.4%33.5%
  7.3%6.2%
  3.5%4.6%
  $27,638$37,638
  $60,156$69,021
  $69,500$85,028
  Population by Occupation
  5.8%1.2%
  0.0%0.5%
  5.4%6.8%
  15.7%10.0%
  1.8%2.5%
  6.7%11.0%
  6.7%4.8%
  0.0%0.8%
  1.8%1.9%
  4.0%4.7%
  0.4%1.9%
  0.4%7.6%
  0.0%0.1%
  7.6%4.2%
  4.9%9.3%
  16.6%14.0%
  2.2%2.1%
  2.7%7.0%
  1.8%4.8%
  15.2%4.7%
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