37357 Morrison, TN is an excellent location for those looking to settle down in a rural community. The average 2 bedroom rent in the area is only $1,140, significantly lower than the US average of $1,430. The grocery cost index of 95 in this area indicates that residents can expect to save some money when it comes to day-to-day grocery shopping. There are many local companies and services available in 37357 Morrison, TN including hospitals like Saint Thomas River Park Hospital and local businesses such as McEwen’s Grocery and Larry’s Pawn Shop. The nearby town of Manchester also offers great restaurants and entertainment options like Big Mike's Saloon and Davey’s Pizza Pub.
Morrison (zip 37357) has an unemployment rate of 5.7%. The US average is 6.0%.
Morrison (zip 37357) has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 15.0%, which is lower than the US average of 33.5%.
Tax Rates for Morrison (zip 37357)
- The Sales Tax Rate for Morrison (zip 37357) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Morrison (zip 37357) 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 Morrison (zip 37357)
- The average income of a Morrison (zip 37357) resident is $18,604 a year. The US average is $28,555 a year.
- The Median household income of a Morrison (zip 37357) resident is $44,846 a year. The US average is $69,021 a year.