Zip 62546 (Morrisonville, IL) Economy


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United States / Illinois / Taylorville Metro Area / Christian County / No City / Morrisonville (zip 62546)
Morrisonville, IL is a small town located in Christian County with a population of 625 people. It offers its residents affordable living options with the average 2 bedroom rent being approximately $820 per month, which is significantly lower than the US national average of $1,430 per month. This can be attributed to the reasonably low cost of living with Morrisonville having a Grocery Cost Index of 92 versus 100 in the US. \nIn terms of local companies and amenities, Morrisonville has diverse shopping opportunities with stores like Walmart Supercenter and Dollar General as well as multiple restaurants including McDonald’s, Dairy Queen, Casey's General Store and Hardee’s. Other amenities include Barstow Park for recreational activities such as fishing and camping as well as churches like Morrisonville Christian Church and First Baptist Church.

Morrisonville (zip 62546) has an unemployment rate of 6.3%. The US average is 6.0%.

Morrisonville (zip 62546) has seen the job market decrease by -9.8% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.

Tax Rates for Morrisonville (zip 62546)
- The Sales Tax Rate for Morrisonville (zip 62546) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Morrisonville (zip 62546) 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 Morrisonville (zip 62546)
- The average income of a Morrisonville (zip 62546) resident is $33,996 a year. The US average is $37,638 a year.
- The Median household income of a Morrisonville (zip 62546) resident is $65,781 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMorrisonville, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
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    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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