Beltrami, MN Economy


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Beltrami, MN is a small city located in northern Minnesota. It is home to many local businesses such as Beltrami Hardware Co., Kwik Trip, and Great Plains Machine. The cost of living in Beltrami is relatively affordable compared to other cities in the US. Rents for 2 bedrooms are on average $910 a month versus $1,430 in the US as well as a grocery cost index of 93 versus 100 nationally.

Beltrami has an unemployment rate of 4.9%. The US average is 6.0%.

Beltrami has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Beltrami
- The Sales Tax Rate for Beltrami is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Beltrami 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 Beltrami
- The average income of a Beltrami resident is $27,593 a year. The US average is $28,555 a year.
- The Median household income of a Beltrami resident is $71,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeltrami, MinnesotaUnited States
  4.96
  -3.4%-6.2%
  24.2%33.5%
  7.1%6.2%
  7.1%4.6%
  $28,636$37,638
  $71,875$69,021
  $93,750$85,028
  Population by Occupation
  13.7%1.2%
  0.0%0.5%
  9.8%6.8%
  9.8%10.0%
  3.9%2.5%
  11.8%11.0%
  0.0%4.8%
  2.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  2.0%9.3%
  21.6%14.0%
  0.0%2.1%
  13.7%7.0%
  9.8%4.8%
  2.0%4.7%
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