Willmar, MN Economy


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Willmar, MN is a small city with a population of 19,500 people located in the Midwestern United States. It has a variety of local companies such as Willmar Public Schools, Jennie-O Turkey Store, and Willmar Municipal Utilities. The rent for a two bedroom apartment in Willmar is quite affordable at $840 per month compared to the US average of $1,430 per month. Additionally, the Grocery Cost Index for Willmar is 96 versus 100 in the US which indicates that grocery items are much less expensive in this city than on average throughout the rest of country. Overall, with its affordable housing and groceries costs Willmar is an attractive option for those looking to save money while still having access to great jobs and quality education options.

Willmar has an unemployment rate of 4.9%. The US average is 6.0%.

Willmar has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for Willmar
- The Sales Tax Rate for Willmar is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Willmar 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 Willmar
- The average income of a Willmar resident is $25,897 a year. The US average is $37,638 a year.
- The Median household income of a Willmar resident is $53,863 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWillmar, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Willmar
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Over 10 years ago

The citizens of Willmar are very racist. Their racism is not overt usually, but underneath the Minnesota Nice, racism is practiced by the city council and chamber, the  More

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