Willow River, MN is a small city nestled in the heart of Minnesota with an abundance of outdoor activities and a thriving economy. The cost of living in Willow River is relatively low, with two-bedroom rental rates around $1,010 compared to the US average of $1,430. Grocery costs are also lower here, as the Grocery Cost Index is 97 versus 100 in the US. The city is home to a number of outdoor activities and businesses such as Moondance Jammin Country Fest, Northern Lights Casino, and Moose Lake State Park. There are also many local companies such as Paul Bunyan Logging Camp Museum and Nordic Ski Club that make Willow River an ideal place to live for outdoor enthusiasts.
Willow River has an unemployment rate of 7.7%. The US average is 6.0%.
Willow River has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Willow River
- The Sales Tax Rate for Willow River is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Willow River is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Willow River
- The average income of a Willow River resident is $23,290 a year. The US average is $28,555 a year.
- The Median household income of a Willow River resident is $44,821 a year. The US average is $69,021 a year.