The economy in Williston and Williams County continues to grow, with a recent report showing increased numbers in many economic sectors in the area.
In an Economy at a Glance report compiled on July 5, 2019 by Williston Economic Development, most areas showed favorable growth. The data includes numbers from May 2018 and 2019, as well as Year To Date for both years. The data comes from various sources, including the Convention and Visitors Bureau, the Office of the State Tax Commissioner and Job Service of North Dakota.
1.5 percent: The Williams County unemployment rate as of May 2019, down from 1.8 percent in 2018. The State’s unemployment rate dropped overall, showing 2.1% in May 2019 versus 2.3% in 2018.
Sales Tax Distributions
$9,626,274: The 2019 Year To Date distributions for Williston. This is $1,315,360 higher than this time in 2018. Sales tax distributions for May 2019 were $165,351 higher than May 2018.
$11,957,066: The 2019 Year To Date distributions for Williams County, showing an increase of $2,830,944 than 2018. May 2019 showed a $435,463 increase over May 2018.
Taxable Sales and Purchases
15.54 percent: The percentage change from fourth quarter taxable sales and purchases in Williston, which totaled $407,968,930 in 2018, up $54,859,651 from the fourth quarter of 2017.
15.68 percent: The percentage change from fourth quarter taxable sales and purchases in Williams County, which totaled $431,087,375 in 2018, an increase of $58,437,347 in the fourth quarter of 2017.
152: The Year To Date number of single family homes sold in Williston. The number is down from 2018, which showed 170 homes sold during the same period. May 2019 numbers were also lower, showing just 39 homes sold, as opposed to 51 in May 2018.
$274,725: The 2019 Year To Date average sale price of a single family home in Williston. The average is $32,311 higher than the same period in 2018. May 2019 numbers were also higher, showing the average price $55,132 higher than May 2018.
34,009: 2019 Year To Date enplanements at Sloulin Field International Airport. That is an increase of 5,269 from 2018. May 2019 showed 7,868 enplanements, up from 6,509 in May 2018.
130: The Year To Date number of building permits issued in Williston, up from 124 in 2018. This includes permits for 10 new residential, such as singly family homes, townhouses and condos; one new apartment complex or duplex, and five new commercial buildings.
$27,575,257: The total Year To Date value of the building permits issued. This is up $1,365,099 from 2018.