South Beloit, IL Employment - Median Household Income, Unemployment Rate

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Income/capita 25%

Household income 13%

Unemployment 35%

Index	South Beloit	Illinois	National
Income per capita	$22,354	$31,502	$29,829
Median household income	$62,785	$59,196	$55,322
Median income owner occupied	$70,234	$75,354	$70,586
Median income renter occupied	$31,615	$34,488	$35,192
Median earnings male	$45,888	$40,474	$36,919
Median earnings female	$27,847	$27,197	$26,250
Unemployment rate	6.3%	5.3%	4.7%
Poverty level	12.0%	14.0%	15.1%

Key findings

The income per capita in South Beloit is 25% lower than the national average
The median household income in South Beloit is 13% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in South Beloit is 35% higher than the national average
The poverty level in South Beloit is 20% lower than the national average

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am i middle class

$41,852$62,785$125,570

City

$39,460$59,196$118,392

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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South Beloit median earnings by income bracket

South Beloit employment by industry

Labour Type	Male	Female
Construction industry	13.2%	3.3%
Manufacturing sector	39.3%	0.3%
Financial & insurance services	0.8%	5.2%
Wholesale & retail services	11.7%	19.5%
Public administration	1.0%	3.4%
Transportation, warehousing & utilities	8.4%	0.9%
Education, health & social services	6.3%	20.8%
Other	19.4%	23.7%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Timberlane, IL	1,023	$120,875	118%
Roscoe, IL	10,666	$76,463	38%
Poplar Grove, IL	4,728	$76,222	38%
Rockton, IL	7,596	$74,276	34%
Caledonia, IL	232	$65,625	19%
South Beloit, IL	7,589	$62,785	13%

Cities with similar population

City, State	Population	Household Income	National Avg.
Hawthorn Woods, IL	7,590	$156,413	183%
Holly Springs, MS	7,591	$29,347	47%
Franklin, CA	7,586	$43,741	21%
Sanger, TX	7,595	$57,464	4%
Rockton, IL	7,596	$74,276	34%
South Beloit, IL	7,589	$62,785	13%

Source: The South Beloit, IL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).