Belle River, MN is a peaceful small town located in the Midwest. It has an array of businesses including but not limited to local restaurants such as K&K Pizza and Family Table Cafe, tailor shops like Tailor Makers, specialty stores like The Paper Shop, and a variety of other businesses that serve the local community. Compared to national averages for rent, Belle River is an affordable choice for homebuyers with the average price for a two-bedroom apartment being $880 per month compared to the national average of $1,430 per month. Grocery costs are also comparable with the national index at 100 meaning residents of Belle River are not overpaying for their groceries.
Belle River has an unemployment rate of 4.1%. The US average is 6.0%.
Belle River has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Belle River
- The Sales Tax Rate for Belle River is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Belle River 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 Belle River
- The average income of a Belle River resident is $31,930 a year. The US average is $37,638 a year.
- The Median household income of a Belle River resident is $70,000 a year. The US average is $69,021 a year.