This paper examines the relationship between local economic conditions and voting patterns in the 2012 Belgian municipal elections. It tests several hypotheses based on economic voting theory, which posits that voters reward or punish incumbents based on the state of the economy. The paper uses survey data from voters and analyzes the relationship between incumbency voting and the local unemployment rate while controlling for other individual and municipal factors. The results support the hypotheses, finding that voters were more likely to vote for incumbents when unemployment decreased and less likely when it increased. Higher educated voters showed a stronger relationship between voting and economic indicators.