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The total population of Beloit is estimated to be 36,642 with 17,963 males (49.02%) and 18,679 females (50.98%). There are 716 more females than males in Beloit.
The median household income in Beloit was $56,312 in 2021, which marked an an increase of 3,067(5.76%) from $53,245 in 2020. This income is 75.48% 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 $68,524. Overall, the median household income for the city of Beloit stands at $56,312.
In Beloit, the median income for all workers aged 15 years and older, regardless of work hours, was $37,424 for males and $28,629 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $51,468 for males and $42,024 for females.
In Beloit, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Asian households have the highest median household income at $69,009, while Black or African American households represent the opposite end with the lowest median household income of $48,119.
In 2022, the population of Beloit was 36,449, a 0.48% decrease year-by-year from 2021. Previously, in 2021, Beloit's population was 36,626, a decline of 0.12% compared to a population of 36,670 in 2020.
The median age in Beloit, WI is 33.5, as per 2021 ACS 5-Year Estimates. Of the total population, 22.62% were under the age of 15, 22.93% aged 15 to 29, 41.02% aged 30 to 64, 12.07% aged 65 to 84, and 1.36% were 85 years of age and older.
Racial distribution of Beloit population: 63.75% are White, 14.42% are Black or African American, 0.48% are American Indian and Alaska Native, 1.51% are Asian, 0.03% are Native Hawaiian and other Pacific Islander, 9.93% are some other race and 9.89% are multiracial.