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ZipNumbers

Illinois · Census place 70590

South Beloit city, IL

Quick answer

South Beloit city has 7,930 residents, ranking #267 of 1462 places in Illinois. Median household income is $81,836, the median home is worth $160,800 and median gross rent runs $925 a month.

Population
7,930South Beloit city residents
Median household income
$81,836Past 12 months, inflation adjusted
Median home value
$160,800Owner-occupied units
Median gross rent
$925Rent plus utilities, monthly
Median age
35.7 yrsAll residents
Homeownership rate
70.4%Owner-occupied households

What the numbers mean in South Beloit city

Housing cost measured against local earnings.

A household earning the South Beloit city median would spend about 13.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.6% of residents and 70.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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