Williams, MN is an affordable place to live with a cost of living that is below the US average. The median 2 bedroom rent in Williams is $890 compared to $1,430 nationwide. Additionally, the Grocery Cost Index in Williams is 93 compared to a national average of 100. This makes food very affordable for residents in Williams. There are several local businesses that contribute to the economy such as Farm Bureau Coop, AK Valu-Mart, and Bontjes Tree Service & Landscaping. These businesses offer competitive prices on goods and services allowing locals to save money. With lower than average rents and grocery costs, the cost of living in Williams is decidedly more affordable than other places throughout the country.
Williams has an unemployment rate of 4.4%. The US average is 6.0%.
Williams has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 16.5%, which is lower than the US average of 33.5%.
Tax Rates for Williams
- The Sales Tax Rate for Williams is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Williams is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Williams
- The average income of a Williams resident is $31,723 a year. The US average is $37,638 a year.
- The Median household income of a Williams resident is $0 a year. The US average is $69,021 a year.