Belview, MN — income, home value, property tax, and sales tax.
In ZIP code 56297, near Belview, homes carry a median value of $142,200, and the county-level effective property tax rate of 1.04% yields an annual bill of roughly $1,479. With median household income at $82,250, that tax equals about 1.8% of yearly earnings, while per-capita income sits at $40,404. A combined sales tax rate of 7.38% applies to purchases. The relationship between home prices and local wages shapes how much buying power households retain, and here the gap between median value and median income leaves room for ownership costs without straining most budgets.
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