Belvidere, WI is a great place to live and work with plenty of local companies offering employment opportunities. The average 2 bedroom rent in the area is significantly lower than the US at only $920 compared to $1,430. Additionally, the grocery cost index in Belvidere is 96 versus 100 in the US which means groceries are more affordable here. Some popular local companies include Belvidere Enterprises Inc., Kimco Facilities Services, and Rockford Products Corporation. With so many quality businesses offering jobs and low living expenses, it's no wonder people love living in Belvidere!
Belvidere has an unemployment rate of 5.5%. The US average is 6.0%.
Belvidere has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Belvidere
- The Sales Tax Rate for Belvidere is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Belvidere is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Belvidere
- The average income of a Belvidere resident is $27,336 a year. The US average is $28,555 a year.
- The Median household income of a Belvidere resident is $78,664 a year. The US average is $69,021 a year.