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Economy in Watford City, North Dakota

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyWatford City, NDUnited States
Unemployment Rate2.20%9.10%
Recent Job Growth23.80%-0.12%
Future Job Growth85.40%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.54%6.25%
Income per Cap.$24,156$27,067
Household Income$40,125$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K15.56%12.10%
Income between 15K and 25K13.45%10.18%
Income between 25K and 35K14.10%10.56%
Income between 35K and 50K19.94%14.98%
Income between 50K and 75K17.18%19.53%
Income between 75K and 100K8.91%12.52%
Income between 100K and 150K6.16%12.14%
Income between 150K and 250K2.43%3.91%
Income between 250K and 500K1.78%3.34%
Income greater than 500K0.49%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.62%13.81%
Professional and Related Occupations17.03%22.68%
Service13.76%14.51%
Sales and Office21.39%25.22%
Farming, Fishing, and Forestry0.68%0.68%
Construction, Extraction, and Maintenance14.71%9.37%
Production, Transportation, and Material Moving16.89%15.86%
Median Household Income

The unemployment rate in Watford City, ND, is 2.20%, with job growth of 23.80%. Future job growth over the next ten years is predicted to be 85.40%.

Watford City, ND Taxes

Watford City, ND,sales tax rate is 6.00%. Income tax is 5.54%.

Watford City, ND Income and Salaries

The income per capita is $24,156, which includes all adults and children. The median household income is $40,125.


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