Is Belvidere, Illinois a Good Place To Live? - Living In Belvidere, IL

Is Belvidere, Illinois a good place to live?
Belvidere is a city in Illinois state in USA with a population of 24932 residents.. The poverty rate of Belvidere is 13.5%, which is 4% lower than national average. The typical household in Belvidere earns $52609 a year, compared to the national median of $67,500. Nearly 48.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Belvidere, only 80% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Belvidere remained 8.2%, which is 74% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Belvidere, only 15% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Belvidere is 84, which is 16% lower than national average. Median home value in Belvidere is $114600 , which is 50% lower than national average. While median income in Belvidere remained $52609, which is 22% lower than national average.
Population
24932
Unemployment
8.2%
74% NAT AVG.
Poverty
13.5%
4% NAT AVG.
Overall Score
5
Median Home Cost
$114600
50% NAT AVG.
Median Income
$52609
22% NAT AVG.
Median Rent
$854
26% NAT AVG.
Cost Of Living
84
16% NAT AVG.
People Living BPL
1 in 7
Unemployed People
1 in 12
People Earning < $10,000
1 in 19
People Earning < $50,000
48.1%
People with <= High School
1 in 1.8
People With Any Degree
1 in 4.3
Pros & Cons Overview

Jobs50%

Housing60%

Affordability80%

Safety90%

Amenities90%

Diversity85%

Education40%

Commute70%