Cost of Living in Beloit, WI
Population: 36,554 • 2026 Data
$59,975
Median Household Income
-23% vs national
$989
Median Monthly Rent
-27% vs national
$133,500
Median Home Value
-61% vs national
6.3%
Unemployment Rate
Housing in Beloit
The median home value in Beloit, WI is $133,500. Monthly rent for a typical unit averages $989, while total monthly housing costs (including utilities and insurance) average $943.
Rent-to-income ratio: 19.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Beloit, WI is $59,975. The unemployment rate stands at 6.3%, with a labor force of 18,268 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.