Belle Plaine, IA Economy


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Belle Plaine, IA is a small town located in Benton County. It has a population of around 4,500 people, making it a great place for those looking to get away from the hustle and bustle of big cities. The cost of living in Belle Plaine is comparatively low when compared to other places in the US; 2 bedroom rent here is only $790 while the US median for 2 bedroom rent is $1,430. Additionally, groceries are cheaper here with an index score of 93 compared to the US which stands at 100. Belle Plaine houses several local companies including ‘Heritage Bank & Trust’, ‘Highland Fabrics & Interiors’ and ‘Hometown Lumber Inc’.

Belle Plaine has an unemployment rate of 5.0%. The US average is 6.0%.

Belle Plaine 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 24.0%, which is lower than the US average of 33.5%.

Tax Rates for Belle Plaine
- The Sales Tax Rate for Belle Plaine is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Belle Plaine 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 Belle Plaine
- The average income of a Belle Plaine resident is $21,511 a year. The US average is $28,555 a year.
- The Median household income of a Belle Plaine resident is $57,411 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBelle Plaine, IowaUnited States
  56
  -7.5%-6.2%
  24.0%33.5%
  7.0%6.2%
  7.4%4.6%
  $31,708$37,638
  $57,411$69,021
  $72,366$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  6.5%6.8%
  30.0%10.0%
  4.1%2.5%
  8.2%11.0%
  3.7%4.8%
  1.1%0.8%
  0.9%1.9%
  3.6%4.7%
  0.4%1.9%
  2.5%7.6%
  0.0%0.1%
  2.2%4.2%
  6.1%9.3%
  13.2%14.0%
  1.4%2.1%
  4.0%7.0%
  8.3%4.8%
  1.8%4.7%
Reviews for Belle Plaine
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My husband and I were ready to retire. The problem was that we knew we could no longer afford property taxes in Waterloo, Iowa when we retired as we had very little  More

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