Morristown, OH is a small city located in the north central part of Ohio. It is home to over 1,000 residents and has a strong sense of community. Morristown offers plenty of family-friendly activities such as the Morristown-Union Township Public Library, the Morristown Historical Museum, and the JKL Park Nature Reserve. There are also several local businesses including Little Falls Food Center grocery store, Hardee's restaurant, and Papa John's Pizza. The rent for two bedroom apartments in Morristown is approximately $830 which is lower than the US national average of $1,430 per month. The overall cost of living in Morristown is also lower than many other cities with a Grocery Cost Index of 96 compared to the US average of 100.
Morristown has an unemployment rate of 5.8%. The US average is 6.0%.
Morristown has seen the job market decrease by -8.6% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.
Tax Rates for Morristown
- The Sales Tax Rate for Morristown is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Morristown is 3.5%. The US average is 4.6%.
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Income and Salaries for Morristown
- The average income of a Morristown resident is $22,455 a year. The US average is $37,638 a year.
- The Median household income of a Morristown resident is $50,000 a year. The US average is $69,021 a year.