Last updated: 2024 BLS data · Page refreshed:
Beloit has a population of 3,029 with a median age of 40.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,029 |
| Median Age | 40.5 |
| White | 90.9% |
| Black or African American | 0.2% |
| Asian | 1.2% |
| Hispanic or Latino | 6.0% |
| Other / Two or More Races | 1.7% |
The median household income in Beloit is $52,114, which is 35.4% below the national median of $80,610. The per capita income is $36,948. The poverty rate is 17.9%.
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In Beloit, 90.9% of residents age 25+ have a high school diploma or higher, and 23.0% hold a bachelor's degree or higher (9.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 90.9% |
| Bachelor's Degree or Higher | 23.0% |
| Graduate or Professional Degree | 9.4% |
The median home value in Beloit is $125,600, below the national median of $303,400. The median monthly rent is $643. The homeownership rate is 57.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $125,600 |
| Median Monthly Rent | $643 |
| Homeownership Rate | 57.8% |
| Vacancy Rate | 9.2% |
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