Here's what it costs to live in Beloit, Wisconsin, based on the latest US government data. Renters pay a median of $989 per month, while the typical home is valued around $133,500. Households earn a median of $59,975 per year, leaving rent at a manageable share of income for many residents. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$59,975
Annual · Census ACS
Median Gross Rent
$989
Per month · Census ACS
Median Home Value
$133,500
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$900
HUD Fair Market Rent
1BR Fair Market Rent
$955
HUD FMR
2BR Fair Market Rent
$1,246
HUD FMR
3BR Fair Market Rent
$1,596
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
7.65%
Top marginal rate
State Sales Tax
5.00%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
36,554
Latest estimate
Median Age
33.6 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for Beloit?
The cost of living index for Beloit is not yet available in our database.
What is the median rent in Beloit?
The median gross rent in Beloit is $989 per month according to US Census ACS data.
What is the median household income in Beloit?
The median household income in Beloit is $59,975 per year.
What is the median home value in Beloit?
The median home value in Beloit is $133,500 based on the latest Census ACS survey.
How is the air quality in Beloit?
Air quality data for Beloit is not yet available.
What are the taxes like in Beloit?
Wisconsin has a top state income tax rate of 7.65% and a statewide sales tax of 5.00% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology