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The total population of Belvidere is estimated to be 25,389 with 12,614 males (49.68%) and 12,775 females (50.32%). There are 161 more females than males in Belvidere.
The median household income in Belvidere was $62,160 in 2021, which marked an an increase of 2,547(4.27%) from $59,613 in 2020. This income is 83.32% 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, Belvidere sees its highest median household income among householders in the age group of 45 to 64 years old, at $77,160. Overall, the median household income for the city of Belvidere stands at $62,160.
In Belvidere, the median income for all workers aged 15 years and older, regardless of work hours, was $35,656 for males and $27,708 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,895 for males and $38,937 for females.
In Belvidere, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Asian households have the highest median household income at $89,960, while Two or More Races households represent the opposite end with the lowest median household income of $38,765.
In 2022, the population of Belvidere was 25,169, a 0.01% increase year-by-year from 2021. Previously, in 2021, Belvidere's population was 25,167, a decline of 0.43% compared to a population of 25,275 in 2020.
The median age in Belvidere, IL is 36.9, as per 2021 ACS 5-Year Estimates. Of the total population, 20.24% were under the age of 15, 20.50% aged 15 to 29, 43.35% aged 30 to 64, 14.51% aged 65 to 84, and 1.40% were 85 years of age and older.
Racial distribution of Belvidere population: 76.70% are White, 1.90% are Black or African American, 0.30% are American Indian and Alaska Native, 0.94% are Asian, 15.20% are some other race and 4.97% are multiracial.