What is the median home price in South Beloit?

The median home price in South Beloit, South Beloit city, Illinois is $155,700, which is 45% below the national average of 281,900 ($281,900).

Is South Beloit safe?

South Beloit, South Beloit city, Illinois has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 3.7 per 1,000 residents.

What is the Walk Score for South Beloit?

South Beloit, South Beloit city, Illinois has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 21/100.

What is the median household income in South Beloit?

The median household income in South Beloit, South Beloit city, Illinois is $78,781, which is 6% above the national average of 74,580 ($74,580).

What is the average rent in South Beloit?

The median rent in South Beloit, South Beloit city, Illinois is $943 per month. The national average median rent is $1,163/month.

What is the air quality in South Beloit?

South Beloit, South Beloit city, Illinois has an Air Quality Index (AQI) of 43, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of South Beloit?

The population of South Beloit, South Beloit city, Illinois is approximately 7,943. The homeownership rate is 70.0% (national average: 65.9%).

What are the climate risks in South Beloit?

South Beloit, South Beloit city, Illinois has an overall climate risk rating of "Relatively Moderate" with a risk score of 73.10. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

What is the unemployment rate in South Beloit?

The unemployment rate in South Beloit, South Beloit city, Illinois is 4.9%. The national average unemployment rate is 3.7%. The poverty rate is 8.8% (national average: 12.4%).

South Beloit

South Beloit city, Illinois

Affordable

About South Beloit

South Beloit offers a refreshing alternative to the soaring costs of the national housing market. With a population just shy of 8,000, this tight-knit community boasts a median home value of just $155,700, making homeownership here significantly more attainable than the US average. The affordability extends beyond housing, contributing to a laid-back lifestyle where residents can enjoy the simple pleasures of life without the constant pressure of financial strain. The town's vibe is one of friendly neighbors and a slower pace, perfect for those seeking a genuine sense of community.

From an investment perspective, South Beloit presents a compelling opportunity. The median household income of nearly $79,000 suggests a solid economic base, and the comparatively low home prices indicate potential for future appreciation. While I don't have walk score data to share, this is a very safe community with low crime rates. South Beloit is well-suited for first-time homebuyers, young families, and anyone looking to escape the high-pressure environment of larger cities while still enjoying access to essential amenities.

South Beloit, Illinois at a Glance

South Beloit is a city in South Beloit city, Illinois with a population of approximately 7,943. The median home value is $155,700 and the median household income is $78,781. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $943 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.