Morris, Connecticut (06763) is a charming town with a population of 1,518. The cost of living here is quite reasonable and the two bedroom rent averages around $1,390 per month compared to the US average of $1,430. Grocery costs in Morris are also relatively cheaper than the US with an index rating of 108 versus 100. Morris houses many local businesses such as Ba's Dairy Farm which has been providing fresh dairy products for over seventy years, Slocomb Industries which specializes in custom-made furniture and P&G Enterprises which offers comprehensive automotive services. All these companies provide excellent employment opportunities as well as goods and services to the locals.
Morris (zip 06763) has an unemployment rate of 7.9%. The US average is 6.0%.
Morris (zip 06763) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Morris (zip 06763)
- The Sales Tax Rate for Morris (zip 06763) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Morris (zip 06763) 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 Morris (zip 06763)
- The average income of a Morris (zip 06763) resident is $38,887 a year. The US average is $28,555 a year.
- The Median household income of a Morris (zip 06763) resident is $94,625 a year. The US average is $69,021 a year.