Zip 55795 (Willow River, MN) Economy


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United States / Minnesota / No Metro Area / Pine County / No City / Willow River (zip 55795)
55795 Willow River, MN is a great area to call home, offering an abundance of local businesses and amenities. The 2 bedroom rent is $1,020 in the area compared to the US average of $1,430 which makes it much more affordable for families. Additionally, the Grocery Cost Index in 55795 Willow River, MN is 97 versus 100 in the US making groceries more affordable as well. There are several local companies that offer affordable rent around 55795 Willow River, MN such as Johnson Rentals & Property Management Inc., Jesse's Rentals & Property Management LLC., and Plummer Rental Agency Inc. These companies make it easy for families to find quality rental homes at an affordable price in 55795 Willow River, MN.

Willow River (zip 55795) has an unemployment rate of 7.7%. The US average is 6.0%.

Willow River (zip 55795) 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 (zip 55795)
- The Sales Tax Rate for Willow River (zip 55795) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Willow River (zip 55795) 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 (zip 55795)
- The average income of a Willow River (zip 55795) resident is $19,906 a year. The US average is $28,555 a year.
- The Median household income of a Willow River (zip 55795) resident is $62,273 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWillow River, MinnesotaUnited States
  7.76
  -6.3%-6.2%
  28.8%33.5%
  7.4%6.2%
  7.1%4.6%
  $31,836$37,638
  $62,273$69,021
  $80,417$85,028
  Population by Occupation
  4.7%1.2%
  0.0%0.5%
  9.4%6.8%
  7.0%10.0%
  2.7%2.5%
  9.0%11.0%
  4.2%4.8%
  3.7%0.8%
  0.2%1.9%
  5.0%4.7%
  0.0%1.9%
  2.1%7.6%
  0.0%0.1%
  2.0%4.2%
  8.4%9.3%
  16.3%14.0%
  2.7%2.1%
  5.0%7.0%
  2.6%4.8%
  15.0%4.7%
Health