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The total population of Beloit is estimated to be 1,140 with 555 males (48.68%) and 585 females (51.32%). There are 30 more females than males in Beloit.
The median household income in Beloit was $52,818 in 2021, which marked an an increase of 6,826(14.84%) from $45,992 in 2020. This income is 70.80% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Beloit sees its highest median household income among householders in the age group of 45 to 64 years old, at $76,678. Overall, the median household income for the village of Beloit stands at $52,818.
In Beloit, the median income for all workers aged 15 years and older, regardless of work hours, was $36,358 for males and $18,447 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,378 for males and $41,210 for females.
In Beloit, population is primarily represented by White households, reporting a median income of $53,308.
In 2022, the population of Beloit was 893, a 0.56% decrease year-by-year from 2021. Previously, in 2021, Beloit's population was 898, a decline of 0.55% compared to a population of 903 in 2020.
The median age in Beloit, OH is 43.4, as per 2021 ACS 5-Year Estimates. Of the total population, 16.69% were under the age of 15, 17.42% aged 15 to 29, 43.60% aged 30 to 64, 17.34% aged 65 to 84, and 4.94% were 85 years of age and older.
Racial distribution of Beloit population: 96.68% are White, 0.49% are Black or African American and 2.84% are multiracial.