Morrisville, NC is a suburban town located in Wake County. It has a population of 27,560 and is known for its vibrant business climate. Major employers in the area include SAS Institute, IBM, Nokia, MetLife, Cisco Systems and Lenovo. The median 2 bedroom rent in Morrisville is $1,740 which is slightly higher than the US median of $1,430. Similarly, the grocery cost index in Morrisville is 102 compared to 100 in the US. The town boasts a variety of shopping and dining options; from chain restaurants to locally owned cafes and stores. There are plenty of outdoor activities available to locals such as hiking trails and bike paths as well as excellent parks and recreational facilities. Morrisville is an ideal place for those looking to take advantage of suburban life while remaining close to all that Raleigh has to offer.
Morrisville (zip 27560) has an unemployment rate of 3.8%. The US average is 6.0%.
Morrisville (zip 27560) has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 45.5%, which is higher than the US average of 33.5%.
Tax Rates for Morrisville (zip 27560)
- The Sales Tax Rate for Morrisville (zip 27560) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Morrisville (zip 27560) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Morrisville (zip 27560)
- The average income of a Morrisville (zip 27560) resident is $38,830 a year. The US average is $28,555 a year.
- The Median household income of a Morrisville (zip 27560) resident is $101,850 a year. The US average is $69,021 a year.