Living in Beloit, Wisconsin
Cost of living, income, home prices, rent and demographics of Beloit · Census data 2020–2024
Beloit has 36,534 residents with a median age of 33.8. The median household income is $62,663 (19% lower than the Wisconsin median), the median home value is $156,500, the median rent is $1,066/month.
Beloit at a glance
- Population
- 36,534
- Median age
- 33.8State: 40.2
- Median household income
- $62,663State: $77,485
- Median home value
- $156,500State: $266,500
- Median rent
- $1,066/moState: $1,087
- Homeowners
- 59.4%
- Bachelor's degree or higher
- 17.9%
- Average commute
- 23 min
Is Beloit a good place to live?
Pros: Home values 41% lower than the state median.
Cons: Median household income 19% lower than the Wisconsin median; an average commute of 23 minutes; unemployment of 5.3%; a poverty rate of 15%.
The weather is best in June to September.
Cost of living in Beloit
Housing is the biggest part of the cost of living. In Beloit the median home value is $156,500, 53% lower than the U.S. median. Renters pay a median of $1,066 per month, which is 28.9% of household income. Homeowners with a mortgage pay $1,201 a month in housing costs.
Beloit median household income
The median household income in Beloit is $62,663 and the income per person is $30,910. 15% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Beloit: homes for sale and rent
- Housing units
- 14,531
- Owner-occupied
- 59.4%
- Renter-occupied
- 40.6%
- Vacant
- 6.1%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.57
Beloit demographics
- Population
- 36,534
- Median age
- 33.8
- Under 18
- 25.4%
- 65 and older
- 14%
- Households
- 13,638
- Foreign-born
- 9.2%
- Veterans
- 5.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Beloit ›
Education in Beloit
17.9% of adults 25 and older in Beloit have a bachelor's degree or higher (Wisconsin: 33.4%), and 5.1% have a graduate or professional degree.
Jobs and commute in Beloit
- Unemployment rate
- 5.3%State: 3.2%
- Average commute
- 23 minState: 22 min
- Work from home
- 6.9%
- Drive alone
- 79.9%
- Public transit
- 0.9%
- Walk to work
- 2.7%
- Homes with broadband
- 88.1%
Beloit vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Beloit | 36,534 | $62,663 | $156,500 | $1,066 |
| South Beloit | 7,946 | $78,616 | $173,000 | $972 |
| Rockton | 7,974 | $119,058 | $235,400 | $914 |
| Roscoe | 10,706 | $93,036 | $227,800 | $1,437 |
| Clinton | 2,041 | $72,019 | $209,400 | $1,010 |
| Machesney Park | 22,630 | $75,489 | $173,700 | $1,102 |
| Janesville | 66,030 | $73,446 | $223,400 | $1,054 |
| Hanover | 130 | $60,972 | $150,000 | — |
| Argyle | 324 | $139,632 | $277,400 | — |
More for people moving to Beloit
Beloit ZIP code ›Weather and climate ›Living in Beloit: FAQ
What is the median household income in Beloit, WI?
The median household income in Beloit is $62,663, 19% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Beloit?
The median home value in Beloit is $156,500, compared with $266,500 in Wisconsin.
How much is rent in Beloit?
The median gross rent in Beloit is $1,066 per month, about 28.9% of household income.
Is Beloit, WI a good place to live?
Pluses: home values 41% lower than the state median. Minuses: median household income 19% lower than the Wisconsin median; an average commute of 23 minutes; unemployment of 5.3%; a poverty rate of 15%.
What is the median age in Beloit?
The median age in Beloit is 33.8 years (Wisconsin: 40.2).
How long is the commute in Beloit?
The average commute to work in Beloit is 23 minutes; 6.9% of workers work from home.
What is the unemployment rate in Beloit?
The unemployment rate in Beloit is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Beloit?
17.9% of adults in 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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