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South Beloit, 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
7,946
Population
$78,616
Median Income
$173,000
Home Value
36.0
Median Age

Demographics

South Beloit has a population of 7,946 with a median age of 36.0. Here is the racial and ethnic breakdown of the population:

White
78.6%
Hispanic
11.5%
Other
5.6%
Black
3.2%
Asian
1.1%
Demographic Value
Total Population7,946
Median Age36.0
White78.6%
Black or African American3.2%
Asian1.1%
Hispanic or Latino11.5%
Other / Two or More Races5.6%
South Beloit, Illinois — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 78.6%Hispanic/Latino: 11.5%Other: 5.6%Black: 3.2%Other: 1.1%7,946PopulationWhiteWhite78.6%Hispanic/LatinoHispanic/Latino11.5%OtherOther5.6%BlackBlack3.2%OtherOther1.1%

Income & Economy

The median household income in South Beloit is $78,616, which is 2.5% below the national median of $80,610. The per capita income is $36,716. The poverty rate is 8.0%.

$78,616
Median Household Income
$36,716
Per Capita Income
8.0%
Poverty Rate

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Education

In South Beloit, 95.7% of residents age 25+ have a high school diploma or higher, and 28.4% hold a bachelor's degree or higher (10.2% with a graduate or professional degree).

HS Diploma+
95.7%
Bachelor's+
28.4%
Graduate+
10.2%
Education Level % of Adults (25+)
High School Diploma or Higher95.7%
Bachelor's Degree or Higher28.4%
Graduate or Professional Degree10.2%

Housing

The median home value in South Beloit is $173,000, below the national median of $303,400. The median monthly rent is $972. The homeownership rate is 69.0%.

$173,000
Median Home Value
$972/mo
Median Rent
69.0%
Homeownership Rate
Housing Metric Value
Median Home Value$173,000
Median Monthly Rent$972
Homeownership Rate69.0%
Vacancy Rate6.2%

Salaries in Illinois

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Frequently Asked Questions

What is the population of South Beloit, Illinois?
The population of South Beloit, Illinois is 7,946 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in South Beloit, Illinois?
The median household income in South Beloit, Illinois is $78,616. This is 2.5% below the national median of $80,610.
What is the median home value in South Beloit, Illinois?
The median home value in South Beloit, Illinois is $173,000. The median monthly rent is $972.
What percentage of people in South Beloit have a college degree?
In South Beloit, Illinois, 28.4% of adults age 25 and older hold a bachelor's degree or higher, and 95.7% have a high school diploma or higher.
Is South Beloit, Illinois an affordable place to live?
The home price-to-income ratio in South Beloit, Illinois is 2.2x (median home value $173,000 vs. median income $78,616), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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