Willmar, MN is a great place for potential renters since the average 2 Bedroom rent is only $840. This is far below the national average of $1430. Additionally, the Grocery Cost Index in Willmar is 96 versus 100 in the US which indicates that groceries are fairly affordable. Not to mention, Willmar is home to some great local companies such as Jennie-O Turkey Store, Dahl Automotive, and GrandStay Hospitality. All three are committed to providing quality products and services to residents of the community.
Willmar (zip 56201) has an unemployment rate of 4.9%. The US average is 6.0%.
Willmar (zip 56201) 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 (zip 56201)
- The Sales Tax Rate for Willmar (zip 56201) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Willmar (zip 56201) 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 (zip 56201)
- The average income of a Willmar (zip 56201) resident is $27,875 a year. The US average is $37,638 a year.
- The Median household income of a Willmar (zip 56201) resident is $60,074 a year. The US average is $69,021 a year.