South Beloit, IL Profile: Facts & Data

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South Beloit, Illinois - Basic Facts

The City of South Beloit had a population of 8,195 as of July 1, 2023. South Beloit ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for South Beloit is located at latitude 42.4931 and longitude -89.0368 in Winnebago County. The formal boundaries for the City of South Beloit encompass a land area of 5.9 sq. miles and a water area of 0.23 sq. miles. Winnebago County is in the Central time zone (GMT -6).

The City of South Beloit has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of South Beloit is located within Township of Rockton, a minor civil division (MCD) of Winnebago County.


Jump to... (On This Page!)
  1. South Beloit 2023 Demographic Data
  2. Growth Rates for South Beloit (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2023 Demographics
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South Beloit, IL Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 8,195 (100%)
Population in Households 8,110 (99.0%)
Population in Families 6,705 (81.8%)
Population in Group Quarters1 85 ( 1.0%)
Population Density 1,334
Diversity Index2 51
 
 

INCOME

Median Household Income $64,290
Average Household Income $79,650
% of Income for Mortgage4 15%
Per Capita Income $30,513
Wealth Index5 59
Socioeconomic Status Index6 Moderate (48.8)
 

HOUSING

Total HU (Housing Units) 3,353 (100%)
Owner Occupied HU 2,374 (70.8%)
Renter Occupied HU 764 (22.8%)
Vacant Housing Units 215 ( 6.4%)
Median Home Value $156,881
Average Home Value $166,607
Housing Affordability Index3 136
 

HOUSEHOLDS

Total Households 3,138
Average Household Size 2.58
Family Households 2,165
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.79% 1.23%
Households 0.68% 1.21%
Families   0.93%
Median Household Income   2.59%
Per Capita Income   2.38%
Owner Occupied HU   1.73%

South Beloit, IL - Peer Comparisons by Rank and Percentile

The table below compares South Beloit to the other 1,464 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 257 83rd
Population Density # 505 66th
Median Household Income # 755 48th
Housing Affordability Index # 679 46th
Per Capita Income # 1100 25th
Diversity Index # 261 82nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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