Morris, OK is a small town with a number of local businesses. Major companies in Morris include Quality Truck Repair, L & R Electric, and Fisher's Auto Works. The cost of living in Morris is relatively low compared to the national average. The average rent for a two-bedroom apartment in Morris is $820, which is significantly lower than the national average of $1,430. Similarly, the Grocery Cost Index in Morris stands at 93 compared to 100 for the US as a whole. For those looking for an affordable place to live without sacrificing access to amenities and services, Morris is an excellent choice.
Morris has an unemployment rate of 5.4%. The US average is 6.0%.
Morris has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Morris
- The Sales Tax Rate for Morris is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Morris 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 Morris
- The average income of a Morris resident is $19,672 a year. The US average is $37,638 a year.
- The Median household income of a Morris resident is $50,757 a year. The US average is $69,021 a year.