Bellechester, MN is a small town located in the heart of Minnesota. It is known for its affordability and high quality of life. The average two-bedroom rent in Bellechester comes to $1,080 per month, compared to the national average of $1,430. Additionally, the grocery cost index in Bellechester is 99 versus 100 nationally. Local businesses in the area include Main Street Diner and Donut Shop, Olde Town Market Grocery Store and Baker's Bakery, all of which help give Bellechester its unique charm and character.
Bellechester has an unemployment rate of 4.6%. The US average is 6.0%.
Bellechester has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Bellechester
- The Sales Tax Rate for Bellechester is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Bellechester 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 Bellechester
- The average income of a Bellechester resident is $20,881 a year. The US average is $28,555 a year.
- The Median household income of a Bellechester resident is $51,875 a year. The US average is $69,021 a year.