Morrisville, VT is a small town located in the state's northeast corner. It is known for its beautiful views of the Green Mountains, abundance of outdoor activities like skiing and fishing, and historic downtown area. The cost of living in Morrisville is slightly lower than the national average with two bedroom rent coming in at $1,190 compared to the US rate of $1,430. Additionally, the grocery cost index in Morrisville is 108 compared to 100 in the US. There are several great local companies such as Maplefields convenience store and Vermont Woodworking School that offer unique services to residents and visitors alike. Popular attractions include nearby Stowe Mountain Resort for skiing and snowboarding, Lake Elmore State Park for swimming and hiking trails, and Northern Lights Candles for handmade candles made from locally sourced ingredients. Morrisville offers something special for everyone to enjoy!
Morrisville has an unemployment rate of 4.0%. The US average is 6.0%.
Morrisville 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 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Morrisville
- The Sales Tax Rate for Morrisville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Morrisville is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Morrisville
- The average income of a Morrisville resident is $25,802 a year. The US average is $28,555 a year.
- The Median household income of a Morrisville resident is $58,203 a year. The US average is $69,021 a year.