Belmond, IA is a small city with a population of 2,892 located in Wright County. The cost of living is lower than the national average, particularly in terms of housing costs – two bedroom rent in Belmond is $780 compared to $1,430 across the US. Grocery costs are also low; the grocery cost index here is 94 compared to 100 across the US. This makes Belmond an attractive place to live for those looking for economical and affordable options.
The city offers several amenities including shopping at local stores such as Walmart and Hy-Vee, as well as various dining options like Subway and Pizza Ranch. There are also numerous recreational facilities such as golf courses and parks available for residents to enjoy. Additionally, there are two schools in Belmond offering excellent educational opportunities for students of all ages.
Belmond has an unemployment rate of 3.9%. The US average is 6.0%.
Belmond has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 13.3%, which is lower than the US average of 33.5%.
Tax Rates for Belmond
- The Sales Tax Rate for Belmond is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Belmond is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Belmond
- The average income of a Belmond resident is $25,661 a year. The US average is $37,638 a year.
- The Median household income of a Belmond resident is $49,904 a year. The US average is $69,021 a year.