Belview, VA Economy


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Belview, VA is an attractive city with a great deal to offer. The cost of living is reasonable, with a two bedroom apartment renting for $910, compared to the national average of $1430. The Grocery Cost Index in Belview is also lower than the national average at 98 versus 100 respectively.
The area has a number of local employers including Fenton Manufacturing, Capital One Financial Services and Wal-Mart. The town also boasts a variety of attractions such as the Belview Botanical Garden and the Belview Symphony Hall. There are also plenty of outdoor activities to enjoy like hiking in the nearby Blue Ridge Mountains or fishing on Lake Belview.

Belview has an unemployment rate of 3.9%. The US average is 6.0%.

Belview has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.

Tax Rates for Belview
- The Sales Tax Rate for Belview is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Belview is 5.8%. 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 $12,423 a year. The US average is $28,555 a year.
- The Median household income of a Belview resident is $58,148 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBelview, VirginiaUnited States
  3.96
  -6.2%-6.2%
  29.4%33.5%
  5.3%6.2%
  5.8%4.6%
  $27,114$37,638
  $58,148$69,021
  $62,546$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  27.4%6.8%
  17.1%10.0%
  1.3%2.5%
  8.7%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.8%4.2%
  8.9%9.3%
  2.1%14.0%
  0.0%2.1%
  15.0%7.0%
  5.3%4.8%
  12.4%4.7%
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