The Belvidere, IL employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Belvidere is $20,665, which is 34% lower than than the Illinois average and 31% lower than than the national average. The median household income is $47,586, which is 20% lower than than the Illinois average and 14% lower than than the national average. The unemployment rate in Belvidere is 6%, which is 32% higher than than the national average. The poverty rate in Belvidere is 16% which is 9% higher than than the national average.