Pros and Cons of Living In Beloit, Wisconsin. Is Beloit, WI a Nice Place To Live or Retire?

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Beloit, Wisconsin

Moving to Beloit In Wisconsin ? Is Beloit, WI a Nice Place To Live? Pros and Cons of Living in Beloit, Wisconsin. Find out the best and worst about to live, raise a family or retire in Beloit.

Beloit ( bə-LOYT) is a city in Rock County, Wisconsin, United States. As of the 2020 census, the city had a population of 36,657 people. Beloit is a principal city of the Janesville-Beloit Metropolitan Statistical Area and is included in the Madison Combined Statistical Area.

DEMOGRAPHICS

Population
36804
Unemployment
7.7%
64% NAT AVG.
Poverty
19.5%
39% NAT AVG.
Cost Of Living
85
15% NAT AVG.

ECONOMICS

Median Home Cost
$96400
58% NAT AVG.
Median Income
$46989
30% NAT AVG.
Median Rent
$825
29% NAT AVG.
Overall Score
4

CRIME REPORT

Total Crime
1248
44% NAT. AVG.
87% STATE AVG.
Violent Crime
179
25% NAT. AVG.
50% STATE AVG.
Property Crime
1069
48% NAT. AVG.
95% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 13
People Earning < $10,000
1 in 14
People Earning < $50,000
53.2%
People With Any Degree
1 in 3.6

ETHNICITY

Ethnicity Beloit USA
White 59.5% 60.1%
African American 13% 12.2%
American Indian 0.6% 0.6%
Asian 1.4% 5.6%
Hawaiian 0% 0.2%
Multiracial 5.3% 2.8%
Hispanic 20% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Beloit USA
Less than $10,000 6.9% 5.8%
$10,000 to $14,999 7.5% 4.1%
$15,000 to $24,999 11.9% 8.5%
$25,000 to $34,999 11.9% 8.6%
$35,000 to $49,999 15% 12.0%
$50,000 to $74,999 18.2% 17.2%
$75,000 to $99,999 11.4% 12.8%
$100,000 to $149,999 11.5% 15.6%
$150,000 to $199,999 3.9% 7.1%

EDUCATION

Education Beloit USA
< 9th Grade 5% 5.0%
9-12th Grade 9% 7.0%
High School or GED 36% 27.0%
Other College 22% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 13% 20.0%
Master's Degree 4% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
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. 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.

Cost of living in Beloit is 85, which is 15% lower than national average. In Beloit, only 19% of adults have a bachelor's degree and 31% have some college but no degree. 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.
Beloit Scorecard

Jobs50%

Housing60%

Affordability80%

Safety40%

Amenities90%

Diversity90%

Education60%

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