Living in Belvidere, Illinois
Cost of living, income, home prices, rent and demographics of Belvidere · Census data 2020–2024
Belvidere has 24,752 residents with a median age of 38.7. The median household income is $64,528 (23% lower than the Illinois median), the median home value is $158,900, the median rent is $991/month.
Belvidere at a glance
- Population
- 24,752
- Median age
- 38.7State: 39
- Median household income
- $64,528State: $83,390
- Median home value
- $158,900State: $263,300
- Median rent
- $991/moState: $1,274
- Homeowners
- 70.9%
- Bachelor's degree or higher
- 12.8%
- Average commute
- 24 min
Is Belvidere a good place to live?
Pros: Home values 40% lower than the state median; an average commute of 24 minutes.
Cons: Median household income 23% lower than the Illinois median; unemployment of 7%; a poverty rate of 14.6%.
The weather is best in June to September.
Cost of living in Belvidere
Housing is the biggest part of the cost of living. In Belvidere the median home value is $158,900, 52% lower than the U.S. median. Renters pay a median of $991 per month, which is 27.7% of household income. Homeowners with a mortgage pay $1,433 a month in housing costs.
Belvidere median household income
The median household income in Belvidere is $64,528 and the income per person is $32,460. 14.6% of residents live below the poverty line (Illinois: 11.8%).
Housing in Belvidere: homes for sale and rent
- Housing units
- 9,994
- Owner-occupied
- 70.9%
- Renter-occupied
- 29.1%
- Vacant
- 4.1%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.56
Belvidere demographics
- Population
- 24,752
- Median age
- 38.7
- Under 18
- 23.3%
- 65 and older
- 16.3%
- Households
- 9,589
- Foreign-born
- 15.6%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Belvidere ›
Education in Belvidere
12.8% of adults 25 and older in Belvidere have a bachelor's degree or higher (Illinois: 37.8%), and 4.9% have a graduate or professional degree.
Jobs and commute in Belvidere
- Unemployment rate
- 7%State: 5.8%
- Average commute
- 24 minState: 28 min
- Work from home
- 7.7%
- Drive alone
- 79.1%
- Public transit
- 0%
- Walk to work
- 1.5%
- Homes with broadband
- 89.2%
Belvidere vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Belvidere | 24,752 | $64,528 | $158,900 | $991 |
| Cherry Valley | 3,749 | $74,655 | $232,800 | $1,024 |
| Timberlane | 1,278 | $147,308 | $351,000 | — |
| Candlewick Lake | 5,448 | $86,146 | $172,300 | $1,520 |
| Poplar Grove | 3,923 | $120,278 | $270,700 | $1,395 |
| Argyle | 324 | $139,632 | $277,400 | — |
| Caledonia | 226 | $88,571 | $163,200 | $1,711 |
| Loves Park | 23,502 | $61,868 | $160,400 | $1,120 |
| Garden Prairie | 403 | $68,319 | $186,400 | — |
More for people moving to Belvidere
Belvidere ZIP code ›Weather and climate ›Living in Belvidere: FAQ
What is the median household income in Belvidere, IL?
The median household income in Belvidere is $64,528, 23% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Belvidere?
The median home value in Belvidere is $158,900, compared with $263,300 in Illinois.
How much is rent in Belvidere?
The median gross rent in Belvidere is $991 per month, about 27.7% of household income.
Is Belvidere, IL a good place to live?
Pluses: home values 40% lower than the state median; an average commute of 24 minutes. Minuses: median household income 23% lower than the Illinois median; unemployment of 7%; a poverty rate of 14.6%.
What is the median age in Belvidere?
The median age in Belvidere is 38.7 years (Illinois: 39).
How long is the commute in Belvidere?
The average commute to work in Belvidere is 24 minutes; 7.7% of workers work from home.
What is the unemployment rate in Belvidere?
The unemployment rate in Belvidere is 7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Belvidere?
12.8% of adults in Belvidere have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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