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Belvidere, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
24,752
Population
$64,528
Median Income
$158,900
Home Value
38.7
Median Age

Demographics

Belvidere has a population of 24,752 with a median age of 38.7. Here is the racial and ethnic breakdown of the population:

White
62.2%
Hispanic
35.3%
Black
3.4%
Asian
1.1%
Demographic Value
Total Population24,752
Median Age38.7
White62.2%
Black or African American3.4%
Asian1.1%
Hispanic or Latino35.3%
Belvidere, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 102.White: 61.0%Hispanic/Latino: 34.6%Black: 3.3%Other: 1.1%24,752PopulationWhiteWhite61.0%Hispanic/LatinoHispanic/Latino34.6%BlackBlack3.3%OtherOther1.1%

Income & Economy

The median household income in Belvidere is $64,528, which is 20.0% below the national median of $80,610. The per capita income is $32,460. The poverty rate is 14.6%.

$64,528
Median Household Income
$32,460
Per Capita Income
14.6%
Poverty Rate

Employment

The unemployment rate in Belvidere is 6.2%, compared to the national rate of 4.1%.

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Education

In Belvidere, 79.3% of residents age 25+ have a high school diploma or higher, and 12.8% hold a bachelor's degree or higher (4.9% with a graduate or professional degree).

HS Diploma+
79.3%
Bachelor's+
12.8%
Graduate+
4.9%
Education Level % of Adults (25+)
High School Diploma or Higher79.3%
Bachelor's Degree or Higher12.8%
Graduate or Professional Degree4.9%

Housing

The median home value in Belvidere is $158,900, below the national median of $303,400. The median monthly rent is $991. The homeownership rate is 70.9%.

$158,900
Median Home Value
$991/mo
Median Rent
70.9%
Homeownership Rate
Housing Metric Value
Median Home Value$158,900
Median Monthly Rent$991
Homeownership Rate70.9%
Vacancy Rate4.1%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Belvidere, Illinois?
The population of Belvidere, Illinois is 24,752 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Belvidere, Illinois?
The median household income in Belvidere, Illinois is $64,528. This is 20.0% below the national median of $80,610.
What is the median home value in Belvidere, Illinois?
The median home value in Belvidere, Illinois is $158,900. The median monthly rent is $991.
What percentage of people in Belvidere have a college degree?
In Belvidere, Illinois, 12.8% of adults age 25 and older hold a bachelor's degree or higher, and 79.3% have a high school diploma or higher.
Is Belvidere, Illinois an affordable place to live?
The home price-to-income ratio in Belvidere, Illinois is 2.5x (median home value $158,900 vs. median income $64,528), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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