Morning Glory, TX is a small town located in the southeastern United States. It is known for its warm climate and peaceful atmosphere. Many people are drawn to Morning Glory for its low cost of living, particularly with respect to rental costs; two bedroom apartments rent for an average of $830, which is well below the national average of $1,430. Grocery costs in Morning Glory are also below the national index average, at 90 versus 100 in the US.
Morning Glory itself is home to several local businesses including an automotive repair shop, a small grocery store, a hardware store, and several restaurants. Residents also have access to nearby cities offering larger retail establishments and entertainment venues. With its low cost of living and close proximity to amenities found in larger towns and cities, Morning Glory offers an ideal balance between affordability and convenience.
Morning Glory has an unemployment rate of 7.8%. The US average is 6.0%.
Morning Glory has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 35.7%, which is higher than the US average of 33.5%.
Tax Rates for Morning Glory
- The Sales Tax Rate for Morning Glory is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Morning Glory is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Morning Glory
- The average income of a Morning Glory resident is $18,093 a year. The US average is $37,638 a year.
- The Median household income of a Morning Glory resident is $47,900 a year. The US average is $69,021 a year.