Belfast, MN is a small town located in the south-central part of Minnesota. It is a close knit community with many local businesses that provide services for its residents, such as Belfast Grocery which offers quality groceries at competitive prices. The average rent for a two bedroom apartment in Belfast is $820 while the same rental would cost about $1,430 elsewhere in the United States. The cost of groceries here is also lower than the national average, with a grocery index of 95 compared to 100 nationally. Nearby towns include Belle Plaine, Henderson and Kilkenny who are just a few miles away from Belfast and provide easy access to all sorts of amenities.
Belfast has an unemployment rate of 6.4%. The US average is 6.0%.
Belfast has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Belfast
- The Sales Tax Rate for Belfast is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Belfast 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 Belfast
- The average income of a Belfast resident is $44,778 a year. The US average is $37,638 a year.
- The Median household income of a Belfast resident is $71,250 a year. The US average is $69,021 a year.