South Beloit, IL
Population 7,930 · Illinois
About South Beloit, IL
South Beloit is a small community in Illinois with a population of 7,930 residents. The median household income is $81,836 per year, which is above the national average. The median age in South Beloit is 35.7 years.
Housing in South Beloit has a median home value of $160,800 and median monthly rent of $925. Of the 3,256 total housing units, the majority are owner-occupied, with 2,205 owner-occupied and 925 renter-occupied units.
The unemployment rate in South Beloit is 6.5% and the poverty rate is 8.6%. 24.6% of residents hold a bachelor's degree or higher. The average commute time is 26.4 minutes.
Cost of Living in South Beloit, IL
Compared to national averages, South Beloit has a median household income of $81,836 (9% above the national median of $75,149). Home values average $160,800, which is 34% below the national median. Monthly rent at $925 is 20% below the US average of $1,163. Within Illinois, South Beloit's income is 9% above the state average of $75,072, and home values are 3% below the state median of $165,779.
Why Live in South Beloit, IL?
South Beloit offers a strong local economy with a median household income of $81,836, well above the national average, and affordable housing with a median home value of $160,800, below the US average of $244,900, and rent that’s lower than the national average at $925/month. Additionally, the city features a low poverty rate of 8.6%, better than the national average.
South Beloit has a population of 7,930 with a median age of 35.7 years. Compare South Beloit with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near South Beloit
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lincolnshire | 7,937 | $179,735 | $625,800 | Compare |
| Silvis | 7,939 | $67,569 | $161,300 | Compare |
| Broadview | 7,898 | $60,139 | $240,600 | Compare |
| West Dundee | 7,867 | $104,750 | $342,900 | Compare |
| Island Lake | 8,023 | $98,125 | $241,900 | Compare |
| Round Lake Park | 7,833 | $57,486 | $157,900 | Compare |
| Oak Brook | 8,028 | $171,123 | $867,900 | Compare |
| Princeton | 7,829 | $57,682 | $131,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about South Beloit
What is the population of South Beloit, IL?
The population of South Beloit, IL is 7,930 according to the latest Census data.
What is the median household income in South Beloit?
The median household income in South Beloit, IL is $81,836 per year.
What is the median home value in South Beloit?
The median home value in South Beloit, IL is $160,800.
What is the average rent in South Beloit?
The median monthly rent in South Beloit, IL is $925.
What is the unemployment rate in South Beloit?
The unemployment rate in South Beloit, IL is 6.5%.