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Kandiyohi County · Minnesota · Midwest · 21k residents

Willmar, MN: economy, jobs & business costs

The site-selection read on Willmar: labor costs, talent, corporate tax, energy, and business activity, with the Minnesota median as the yardstick. Compare it live against any of 3,000 US cities.

Data coverage: ACS place data; supplementary fields may use state estimates.

Average weekly wages in the surrounding labor market run $1,053/wk. Minnesota's corporate income tax rate is 9.8%. Commercial electricity averages 12.1¢/kWh.

Compare Willmar side by side

Avg. weekly wage

$1,053/wk

lower than 91% of US cities

Corporate income tax

9.8%

lower than 5% of US cities

Bachelor's degree or higher

25.3%

37% vs state medianhigher than 28% of US cities

Commercial electricity

12.1¢/kWh

≈ US median

Economic momentum

How fast Willmar's economy is moving, ranked against the US cities we track.

53/100

Steady

Jobs: +0.4% (near US average)
Momentum rising · +11 over 4 yr

Ranks Willmar's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.

All facets · Willmar
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Real listings in Willmar

LoopNetCrexiCommercialCafe

Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.

Questions & answers
Is Willmar a good place to run a business?
Minnesota's corporate income tax rate is 9.8%; average weekly wages in the surrounding labor market run $1,053/wk; commercial electricity averages 12.1¢/kWh. Weigh these against your own priorities in the business comparison tool.
What is the cost of living in Willmar, MN?
Willmar indexes at 82 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $895/mo and a acs median home value of $198,400.
How much does a house cost in Willmar?
The acs median home value in Willmar is $198,400 (Census ACS estimate; individual listings vary).
How much is rent in Willmar?
A two-bedroom in Willmar rents for about $895/mo.