Morriston, FL, situated in Levy County is a small town with a population of 32668. It is known for its agricultural production and was a major producer of cotton before World War II. The local economy mainly consists of farming, ranching, manufacturing, retail trade, construction, hospitality and tourism. In Morriston the average rent for a two bedroom apartment is $960 which is far lower than the national average rent which is at $1430. The Grocery Cost Index in Morriston is 101 versus 100 nationally which indicates that the cost of food is slightly higher than other places in US. Some popular stores in Morriston are Walmart Supercenter, Dollar General, Winn-Dixie supermarket etc. Restaurants such as Cracker Barrel Old Country Store and Thai Bamboo restaurant are also located here. Other services offered include broadband internet provided by AT&T Internet and cable Tv from Spectrum Cable TV. As such residents can expect lower rental prices with slightly higher grocery costs when compared to national averages making Morriston an affordable place to live in Florida with plenty of local amenities available to its inhabitants.
Morriston (zip 32668) has an unemployment rate of 5.0%. The US average is 6.0%.
Morriston (zip 32668) has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.
Tax Rates for Morriston (zip 32668)
- The Sales Tax Rate for Morriston (zip 32668) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Morriston (zip 32668) 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 Morriston (zip 32668)
- The average income of a Morriston (zip 32668) resident is $27,030 a year. The US average is $37,638 a year.
- The Median household income of a Morriston (zip 32668) resident is $48,438 a year. The US average is $69,021 a year.