Is Beloit, Wisconsin a Good Place To Live? - Living In Beloit, WI

Is Beloit, Wisconsin a good place to live?
Beloit is a city in Wisconsin state in USA with a population of 36804 residents.. The poverty rate of Beloit is 19.5%, which is 39% higher than national average. The typical household in Beloit earns $46989 a year, compared to the national median of $67,500. Nearly 53.2% 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 Beloit, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Beloit remained 7.7%, which is 64% 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 Beloit, only 19% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in Beloit is 85, which is 15% lower than national average. Median home value in Beloit is $96400 , which is 58% lower than national average. While median income in Beloit remained $46989, which is 30% lower than national average.
Population
36804
Unemployment
7.7%
64% NAT AVG.
Poverty
19.5%
39% NAT AVG.
Overall Score
4
Median Home Cost
$96400
58% NAT AVG.
Median Income
$46989
30% NAT AVG.
Median Rent
$825
29% NAT AVG.
Cost Of Living
85
15% NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 13
People Earning < $10,000
1 in 14
People Earning < $50,000
53.2%
People with <= High School
1 in 2
People With Any Degree
1 in 3.6
Pros & Cons Overview

Jobs50%

Housing60%

Affordability80%

Safety40%

Amenities90%

Diversity90%

Education60%

Commute80%