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The total population of South Beloit is estimated to be 7,943 with 3,843 males (48.38%) and 4,100 females (51.62%). There are 257 more females than males in South Beloit.
The median household income in South Beloit was $70,495 in 2021, which marked an an increase of 3,107(4.61%) from $67,388 in 2020. This income is 94.49% 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, South Beloit sees its highest median household income among householders in the age group of 25 to 44 years old, at $86,822. Overall, the median household income for the city of South Beloit stands at $70,495.
In South Beloit, the median income for all workers aged 15 years and older, regardless of work hours, was $42,453 for males and $32,895 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,570 for males and $45,602 for females.
In South Beloit, population is primarily represented by White households, reporting a median income of $71,296.
In 2022, the population of South Beloit was 7,908, a 0.45% decrease year-by-year from 2021. Previously, in 2021, South Beloit's population was 7,944, a decline of 0.39% compared to a population of 7,975 in 2020.
The median age in South Beloit, IL is 32.1, as per 2021 ACS 5-Year Estimates. Of the total population, 24.25% were under the age of 15, 23.15% aged 15 to 29, 41.39% aged 30 to 64, 8.69% aged 65 to 84, and 2.52% were 85 years of age and older.
Racial distribution of South Beloit population: 89.35% are White, 3% are Black or African American, 0.04% are American Indian and Alaska Native, 0.37% are Asian, 2.33% are some other race and 4.92% are multiracial.