Beloit, WI
Population 36,554 · Wisconsin
About Beloit, WI
Beloit is a mid-sized city located in Wisconsin with a population of 36,554 residents according to the latest US Census Bureau American Community Survey data. The median household income is $59,975 per year, which is 20% below the national median of $75,149. The median age of 33.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Beloit features a median home value of $133,500, which is 45% below the national median of $244,900. This makes Beloit one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $989, 15% below the national average of $1,163/month. Of the 14,540 total housing units, 59% are owner-occupied (8,000 units) and 41% are renter-occupied (5,567 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Beloit shows an unemployment rate of 6.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 16.8%, above the national average of 12.4%. Workers in Beloit have an average one-way commute time of 23 minutes.
Education & Demographics
18.0% of Beloit residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 17.7% White, 2.3% Hispanic or Latino, 1.1% Black or African American, and 3.1% Asian residents, with 10.6% of the population being foreign-born.
How Beloit Ranks in Wisconsin
Cost of Living in Beloit, WI
Compared to national averages, Beloit has a median household income of $59,975 (20% below the national median of $75,149). Home values average $133,500, which is 45% below the national median. Monthly rent at $989 is 15% below the US average of $1,163. Within Wisconsin, Beloit's income is 17% below the state average of $72,579, and home values are 35% below the state median of $205,802.
Why Live in Beloit, WI?
Beloit offers affordable housing with a median home value of $133,500, below the US average of $244,900, and rent that’s lower than the national average at $989/month, and short commute times averaging just 23 minutes.
Potential considerations include median household income ($59,975) 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 36,554 with a median age of 33.6 years. Compare Beloit with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Beloit
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oak Creek | 36,473 | $93,120 | $305,100 | Compare |
| Sun Prairie | 36,455 | $90,521 | $339,800 | Compare |
| Franklin | 35,751 | $108,342 | $343,400 | Compare |
| Greenfield | 37,361 | $69,016 | $247,800 | Compare |
| Manitowoc | 34,553 | $62,133 | $143,900 | Compare |
| Menomonee Falls | 38,963 | $98,460 | $341,600 | Compare |
| Wausau | 39,893 | $61,877 | $155,900 | Compare |
| New Berlin | 40,384 | $97,414 | $343,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Beloit With Other Cities
Frequently Asked Questions about Beloit
What is the population of Beloit, WI?
The population of Beloit, WI is 36,554 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Wisconsin.
What is the median household income in Beloit?
The median household income in Beloit, WI is $59,975 per year, which is 20% below the national median of $75,149.
What is the median home value in Beloit?
The median home value in Beloit, WI is $133,500, which is 45% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Beloit?
The median monthly rent in Beloit, WI is $989, which is 15% below the national average of $1,163/month.
What is the unemployment rate in Beloit?
The unemployment rate in Beloit, WI is 6.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Beloit, WI a good place to live?
Beloit offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 36,554 and a median age of 33.6, the city appeals to young professionals and families.
How educated is Beloit, WI?
18.0% of residents in Beloit aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Beloit?
Key cost-of-living indicators for Beloit, WI: median home value is $133,500 (45% below national), median rent is $989/month, and median household income is $59,975. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Beloit?
The poverty rate in Beloit, WI is 16.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Beloit, WI?
Beloit's population is 17.7% White, 2.3% Hispanic or Latino, 1.1% Black or African American, 3.1% Asian, and 13.4% two or more races. 10.6% of residents are foreign-born.