56214 Belview, MN is a great place to live with an affordable cost of living. The average two bedroom rent in 56214 Belview, MN is $830 compared to the national average of $1,430. Additionally, the grocery cost index in 56214 Belview, MN is 93 versus 100 in the US. This shows that groceries are more affordable here than other parts of the country. There are also many local companies that make living in this area even better such as Redwood County Economic Development Corporation, Minnesota Department of Employment and Economic Development and Kato Engineering Incorporated. All of these businesses offer numerous opportunities for employment as well as providing services to improve life for all those who call 56214 Belview home.
Belview (zip 56214) has an unemployment rate of 5.5%. The US average is 6.0%.
Belview (zip 56214) 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 (zip 56214)
- The Sales Tax Rate for Belview (zip 56214) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Belview (zip 56214) 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 (zip 56214)
- The average income of a Belview (zip 56214) resident is $37,160 a year. The US average is $37,638 a year.
- The Median household income of a Belview (zip 56214) resident is $66,094 a year. The US average is $69,021 a year.