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Willow Lake, ND Economy
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United States
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North Dakota
/ No Metro Area /
Steele County
/ Willow Lake /
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EXPLORE WILLOW LAKE
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Willow Lake, ND is a small city located in the state of North Dakota. It is known for its low cost of living compared to the US average. The average rent for a 2 bedroom apartment in Willow Lake is $770, which is nearly half the national average of $1,430 for the same type of apartment. Additionally, the Grocery Cost Index in Willow Lake is 92 versus 100 in the US. With lower costs of housing and groceries, Willow Lake attracts many residents seeking an affordable quality of life.
The local economy has several companies that serve Willow Lake and its surrounding areas such as MCC Services Inc., Peaceful Valley Meats, Kostelecky Farms LLC, and more. These businesses provide services from construction to agricultural products to the local population. Other business located in Willow Lake includes medical centers, beauty salons, and convenience stores.
Income by Population Percent
Economy
Willow Lake, North Dakota
United States
Unemployment Rate
3.5
6
Recent Job Growth
-4.5%
-6.2%
Future Job Growth
29.1%
33.5%
Sales Taxes
5.0%
6.2%
Income Tax
2.0%
4.6%
Income per Cap.
$12,514
$37,638
Household Income
69021
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