Living in South Beloit, Illinois
Cost of living, income, home prices, rent and demographics of South Beloit · Census data 2020–2024
South Beloit has 7,946 residents with a median age of 36. The median household income is $78,616 (6% lower than the Illinois median), the median home value is $173,000, the median rent is $972/month.
South Beloit at a glance
- Population
- 7,946
- Median age
- 36State: 39
- Median household income
- $78,616State: $83,390
- Median home value
- $173,000State: $263,300
- Median rent
- $972/moState: $1,274
- Homeowners
- 69%
- Bachelor's degree or higher
- 28.4%
- Average commute
- 25 min
Is South Beloit a good place to live?
Pros: Home values 34% lower than the state median; an average commute of 25 minutes; a poverty rate of 8%.
Cons: Median household income 6% lower than the Illinois median; unemployment of 5.9%.
The weather is best in June to September.
Cost of living in South Beloit
Housing is the biggest part of the cost of living. In South Beloit the median home value is $173,000, 48% lower than the U.S. median. Renters pay a median of $972 per month, which is 23.1% of household income. Homeowners with a mortgage pay $1,524 a month in housing costs.
South Beloit median household income
The median household income in South Beloit is $78,616 and the income per person is $36,716. 8% of residents live below the poverty line (Illinois: 11.8%).
Housing in South Beloit: homes for sale and rent
- Housing units
- 3,559
- Owner-occupied
- 69%
- Renter-occupied
- 31%
- Vacant
- 6.2%Includes seasonal homes
- Median year built
- 1991
- Average household size
- 2.36
South Beloit demographics
- Population
- 7,946
- Median age
- 36
- Under 18
- 24.9%
- 65 and older
- 13.2%
- Households
- 3,339
- Foreign-born
- 4.3%
- Veterans
- 6.7%Adults 18+
Hispanic or Latino can be of any race. Population history of South Beloit ›
Education in South Beloit
28.4% of adults 25 and older in South Beloit have a bachelor's degree or higher (Illinois: 37.8%), and 10.2% have a graduate or professional degree.
Jobs and commute in South Beloit
- Unemployment rate
- 5.9%State: 5.8%
- Average commute
- 25 minState: 28 min
- Work from home
- 2.1%
- Drive alone
- 72.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 91.7%
South Beloit vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| South Beloit | 7,946 | $78,616 | $173,000 | $972 |
| Beloit | 36,534 | $62,663 | $156,500 | $1,066 |
| Rockton | 7,974 | $119,058 | $235,400 | $914 |
| Roscoe | 10,706 | $93,036 | $227,800 | $1,437 |
| Machesney Park | 22,630 | $75,489 | $173,700 | $1,102 |
| Clinton | 2,041 | $72,019 | $209,400 | $1,010 |
| Argyle | 324 | $139,632 | $277,400 | — |
| Loves Park | 23,502 | $61,868 | $160,400 | $1,120 |
| Caledonia | 226 | $88,571 | $163,200 | $1,711 |
More for people moving to South Beloit
South Beloit ZIP code ›Weather and climate ›Living in South Beloit: FAQ
What is the median household income in South Beloit, IL?
The median household income in South Beloit is $78,616, 6% 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 South Beloit?
The median home value in South Beloit is $173,000, compared with $263,300 in Illinois.
How much is rent in South Beloit?
The median gross rent in South Beloit is $972 per month, about 23.1% of household income.
Is South Beloit, IL a good place to live?
Pluses: home values 34% lower than the state median; an average commute of 25 minutes; a poverty rate of 8%. Minuses: median household income 6% lower than the Illinois median; unemployment of 5.9%.
What is the median age in South Beloit?
The median age in South Beloit is 36 years (Illinois: 39).
How long is the commute in South Beloit?
The average commute to work in South Beloit is 25 minutes; 2.1% of workers work from home.
What is the unemployment rate in South Beloit?
The unemployment rate in South Beloit is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is South Beloit?
28.4% of adults in South Beloit 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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