Bellechester, MN Profile: Facts & Data

The primary coordinate point for Bellechester is located at latitude 44.3683 and longitude -92.5113 in Goodhue County. The formal boundaries for the City of Bellechester encompass a land area of 0.31 sq. miles and a water area of 0 sq. miles. Goodhue County is in the Central time zone (GMT -6).

While the primary coordinates for City of Bellechester are located in Goodhue County, it should be noted that the formal boundaries for this community also extend into and Wabasha County.

The City of Bellechester has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Bellechester, MN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	172 (100%)
Population in Households	172 (100.0%)
Population in Families	147 (85.5%)
Population in Group Quarters¹	0
Population Density	544
Diversity Index²	21


INCOME
Median Household Income	$112,480
Average Household Income	$124,630
% of Income for Mortgage⁴	22%
Per Capita Income	$54,345
Wealth Index⁵	118
Socioeconomic Status Index⁶	Moderate (56.6)

HOUSING
Total HU (Housing Units)	83 (100%)
Owner Occupied HU	65 (78.3%)
Renter Occupied HU	10 (12.0%)
Vacant Housing Units	8 ( 9.6%)
Median Home Value	$396,875
Average Home Value	$430,000
Housing Affordability Index³	110

HOUSEHOLDS
Total Households	75
Average Household Size	2.29
Family Households	58
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Bellechester, MN - Peer Comparisons by Rank and Percentile

The table below compares Bellechester to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.54%	-0.47%
Households	0.00%	0.00%
Families		2.31%
Median Household Income		0.49%
Per Capita Income		2.57%
Owner Occupied HU		0.31%

Variable Description	Rank	Percentile
Total Population	# 713	22nd
Population Density	# 458	50th
Median Household Income	# 83	91st
Housing Affordability Index	# 540	59th
Per Capita Income	# 114	88th
Diversity Index	# 440	52nd

Bellechester, MN Profile: Facts & Data

Bellechester, Minnesota - Basic Facts

Bellechester, MN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Bellechester, MN - Peer Comparisons by Rank and Percentile

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Goodhue County