A combination of high median incomes, and low housing costs, means Belleville residents are more likely to have ample disposable incomes.
Defining Trade Area
A trade area is a geographic area from which a community generates, or could generate, approximately 75% of its customers. Knowing the size and shape of the trade area is important because its boundaries allow for measurement of the number of potential customers, their demographics, and their spending potential. Each individual business in a community has a unique trade area. The distinct trade area for an establishment will depend on factors ranging from the type of business to the variety of products and services sold. Certain business types will only attract local customers, while other categories have the potential to draw customers from a broader region. For purposes of this analysis, the focus is on local customers as reflected in a “convenience trade area.” In addition to serving local customers, there is some demand from nonresidents including in-commuting workers and visitors. A convenience trade area is typically based on the purchase of products and services needed on a regular basis, such as gasoline, groceries, and hair care. Because these purchases are relatively frequent, consumers usually find it more
Belleville's Population: 2010: 2,6062015: 2,643Belleville Trade Area Population: 2010: 5,8682015: 6,040
Belleville Trade Area Race and Ethnicity:
Hispanic: 2.4%Belleville Trade Area Households: 2010: 2,2702015: 2,3642015 Average Household Size: 2.552010 Households with Children: 36.8%Belleville Trade Area Housing Ownership:2010 Owner Occupied: 78.1%2010 Renter Occupied: 16.0%2010 Vacant or Seasonal: 3.9%Belleville Trade Area Housing Ownership:2015 Median Household Income: $72,3692015 Per Capita Income: $33,162Belleville Trade Area Median Age Profile:2010: 39.1Percentage of Population over 18: 73.4%Belleville Trade Area Educational Attainment - Population of 25 and Over2015 Population 25 and Over: 4,0732015 Percentage of Bachelor Degrees or Higher: 29.2%Source: Belleville's Economic Analysis
Centrally located between Madison WI (20 miles) and Monroe WI (25 miles) on US Highway 69.
Dane County Regional
Tax Rate Comparison (rate per $1000):
Village of Belleville - .02320
Village of New Glarus - .02580
Village of Monticello - .02609
Village of Brooklyn - .02564
Village of Oregon - .01952
City of Verona - .02104