The South Beloit, 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 South Beloit is $22,354, which is 29% lower than than the Illinois average and 25% lower than than the national average. The median household income is $62,785, which is 6% higher than than the Illinois average and 13% higher than than the national average. The unemployment rate in South Beloit is 6%, which is 35% higher than than the national average. The poverty rate in South Beloit is 12% which is 20% lower than 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.
Did you know?
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.
