Belview, MN Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Minnesota / No Metro Area / Redwood County / Belview / Zip Codes
Belview, MN is a small city located on the banks of the Minnesota River. It is a quaint and charming town with plenty to do and see. Rent for a two-bedroom apartment in Belview is quite reasonable at $830 per month, when compared to the US average of $1430. The local grocery cost index in Belview is also lower than the national average, making it more affordable for residents. The area boasts several locally owned businesses such as Farmland Foods, Alexander's Restaurant, and Malina's Boutique. All are popular spots for locals and visitors alike and offer unique products and services that you won't find elsewhere.

Belview has an unemployment rate of 5.5%. The US average is 6.0%.

Belview has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 5.0%, which is lower than the US average of 33.5%.

Tax Rates for Belview
- The Sales Tax Rate for Belview is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Belview 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 Belview
- The average income of a Belview resident is $20,966 a year. The US average is $28,555 a year.
- The Median household income of a Belview resident is $55,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBelview, MinnesotaUnited States
  5.56
  0.4%-6.2%
  5.0%33.5%
  6.9%6.2%
  7.1%4.6%
  $29,420$37,638
  $55,417$69,021
  $66,563$85,028
  Population by Occupation
  14.0%1.2%
  0.0%0.5%
  4.9%6.8%
  19.6%10.0%
  0.7%2.5%
  14.7%11.0%
  7.7%4.8%
  0.0%0.8%
  0.7%1.9%
  0.7%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  7.0%9.3%
  21.0%14.0%
  0.0%2.1%
  0.0%7.0%
  3.5%4.8%
  5.6%4.7%
Health
Compare Belview, MN
cost of living
Compare food, housing, utilities, and more in Belview, Minnesota to any other city in the US.