Morenci, AZ is a small town located in Greenlee County. It is known for its affordability, with two-bedroom rent at $950 compared to the U.S. average of $1,430. In addition, the grocery cost index in Morenci is 95 compared to 100 in the U.S. This makes it an attractive location for those looking to save money on living expenses. Those who live in or visit Morenci can enjoy local attractions such as San Francisco River Nature Trail and Copper Hills Golf Club. There are also several restaurants and shops in the area, including La Cantina Mexican Grill, D'Vine Wine Bar & Bistro, and The Fish Market Saloon & Grill. All of these establishments contribute to the unique culture of Morenci that make it a desirable place to live or visit.
Morenci has an unemployment rate of 5.4%. The US average is 6.0%.
Morenci has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Morenci
- The Sales Tax Rate for Morenci is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Morenci is 4.2%. The US average is 4.6%.
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Income and Salaries for Morenci
- The average income of a Morenci resident is $30,303 a year. The US average is $37,638 a year.
- The Median household income of a Morenci resident is $71,419 a year. The US average is $69,021 a year.