Beloit, OH
Population 995 · Ohio
About Beloit, OH
Beloit is a small community in Ohio with a population of 995 residents. The median household income is $48,684 per year, which is below the national average. The median age in Beloit is 49.3 years.
Housing in Beloit has a median home value of $98,300 and median monthly rent of $565. Of the 477 total housing units, the majority are owner-occupied, with 361 owner-occupied and 89 renter-occupied units.
The unemployment rate in Beloit is 0.4% and the poverty rate is 7.6%. 13.9% of residents hold a bachelor's degree or higher. The average commute time is 23.8 minutes.
How Beloit Ranks in Ohio
Cost of Living in Beloit, OH
Compared to national averages, Beloit has a median household income of $48,684 (35% below the national median of $75,149). Home values average $98,300, which is 60% below the national median. Monthly rent at $565 is 51% below the US average of $1,163. Within Ohio, Beloit's income is 32% below the state average of $71,814, and home values are 44% below the state median of $174,449.
Why Live in Beloit, OH?
Beloit offers affordable housing with a median home value of $98,300, below the US average of $244,900, and rent that’s lower than the national average at $565/month, and a strong job market with an unemployment rate of just 0.4%. Additionally, the city features a low poverty rate of 7.6%, better than the national average, and short commute times averaging just 23.8 minutes.
Potential considerations include median household income ($48,684) that falls below the national average. However, Beloit’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Beloit has a population of 995 with a median age of 49.3 years. Compare Beloit with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Beloit
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Saybrook-on-the-Lake | 996 | $55,179 | $160,800 | Compare |
| Ostrander | 993 | $144,821 | $438,400 | Compare |
| Killbuck | 999 | $75,625 | $141,800 | Compare |
| Liberty Center | 1,002 | $73,548 | $153,400 | Compare |
| Yorkville | 1,002 | $50,625 | $117,500 | Compare |
| Flushing | 1,004 | $64,250 | $98,800 | Compare |
| Highland Holiday | 1,004 | $48,988 | $66,400 | Compare |
| Grand Rapids | 985 | $73,125 | $159,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Beloit
What is the population of Beloit, OH?
The population of Beloit, OH is 995 according to the latest Census data.
What is the median household income in Beloit?
The median household income in Beloit, OH is $48,684 per year.
What is the median home value in Beloit?
The median home value in Beloit, OH is $98,300.
What is the average rent in Beloit?
The median monthly rent in Beloit, OH is $565.
What is the unemployment rate in Beloit?
The unemployment rate in Beloit, OH is 0.4%.