Economy in Watford City, North Dakota
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Economy
| Unemployment Rate | 2.20% | 9.10% |
| Recent Job Growth | 23.80% | -0.12% |
| Future Job Growth | 85.40% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 5.54% | 6.25% |
| Income per Cap. | $24,156 | $27,067 |
| Household Income | $40,125 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 15.56% | 12.10% |
| Income between 15K and 25K | 13.45% | 10.18% |
| Income between 25K and 35K | 14.10% | 10.56% |
| Income between 35K and 50K | 19.94% | 14.98% |
| Income between 50K and 75K | 17.18% | 19.53% |
| Income between 75K and 100K | 8.91% | 12.52% |
| Income between 100K and 150K | 6.16% | 12.14% |
| Income between 150K and 250K | 2.43% | 3.91% |
| Income between 250K and 500K | 1.78% | 3.34% |
| Income greater than 500K | 0.49% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.62% | 13.81% |
| Professional and Related Occupations | 17.03% | 22.68% |
| Service | 13.76% | 14.51% |
| Sales and Office | 21.39% | 25.22% |
| Farming, Fishing, and Forestry | 0.68% | 0.68% |
| Construction, Extraction, and Maintenance | 14.71% | 9.37% |
| Production, Transportation, and Material Moving | 16.89% | 15.86% |
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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