Morgan County in Illinois is a great place to live. Not only does it offer affordable rent for two-bedroom apartments at $800 per month, it also has an overall lower cost of living index compared to the US average. Local companies such as Morgan County Medical Center, Walmart Supercenter, and Wabash Forge all help provide employment opportunities for locals. There are also plenty of attractions in Morgan County such as The Governor Oglesby Mansion and Castle Rock State Park. For those looking for affordable housing and interesting places to visit, Morgan County may be the perfect place to call home.
Morgan County has an unemployment rate of 5.5%. The US average is 6.0%.
Morgan County has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 17.7%, which is lower than the US average of 33.5%.
Tax Rates for Morgan County
- The Sales Tax Rate for Morgan County is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Morgan County 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 Morgan County
- The average income of a Morgan County resident is $30,022 a year. The US average is $37,638 a year.
- The Median household income of a Morgan County resident is $55,261 a year. The US average is $69,021 a year.