Morrison, Missouri is a small town in Phelps County with an estimated population of around 350 people. It is known for its quiet, rural atmosphere and outdoor recreational opportunities. Located just off Highway 63, Morrison offers a variety of amenities such as restaurants, shops, and churches. The average 2-bedroom rent in Morrison is $1,150 - slightly lower than the national average of $1,430. Additionally, the Grocery Cost Index for Morrison is 92, which is 8 points lower than the national average of 100.
For those looking to shop local in Morrison, there are several businesses to choose from like Big D’s Bait & Tackle Shop offering fishing supplies and gear; Gravel City Motors providing automotive repairs; or David’s Antiques featuring vintage collectibles. No matter what residents are looking for in their hometown of Morrison, they have plenty of options available to them at affordable prices.
Morrison (zip 65061) has an unemployment rate of 4.1%. The US average is 6.0%.
Morrison (zip 65061) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Morrison (zip 65061)
- The Sales Tax Rate for Morrison (zip 65061) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Morrison (zip 65061) is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Morrison (zip 65061)
- The average income of a Morrison (zip 65061) resident is $26,267 a year. The US average is $37,638 a year.
- The Median household income of a Morrison (zip 65061) resident is $51,500 a year. The US average is $69,021 a year.