What to know when moving to Beloit, WI
TL;DR: Beloit at a Glance
- The Vibe:
- A community where 34.9% of residents are renters and the median household income is $65,305.
- The Major Draw:
- Median gross rent is $995, which is relatively affordable for the region.
- The Reality Check:
- With a poverty rate of 14.3%, some residents may face economic challenges.
- Commute:
- Only 0.5% of residents use public transit.
- Top Tip:
- Budget for a median home value of $160,000 if you're considering buying.
The 'Vibe' Check: Who Thrives Here?
Beloit has a population of 48,305, with a notable 34.9% of its residents renting their homes. The education level is reflected in the 19.3% of residents holding a bachelor's degree or higher. The area experiences a low public transit usage, with only 0.5% commuting this way, indicating a reliance on personal vehicles.
Probably not your spot if: You prefer a city with a strong public transit system.
Your Money: Housing & Cost Snapshot
- Median gross rent is $995 per month, making it a reasonable option for renters.
- Median owner-occupied home value is $160,000, suggesting affordable home buying potential.
- 19.3% of residents hold a bachelor's degree, showing some educational attainment in the community.
- Poverty rate is 14.3%, indicating some economic challenges.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Crime & Safety: What the Numbers Say
In Wisconsin, the crime rates reflect some positive trends. The violent crime rate is 235.9 per 100,000 people, which is lower than the national average of 325.3. Property crime is at 981.4 per 100,000, also below the national rate of 1546.9. Notably, both violent and property crime rates have decreased significantly over the past few years.
- Violent crime: 235.9 per 100,000 vs. national 325.3, down 23.6% since 2022.
- Property crime: 981.4 per 100,000 vs. national 1546.9, down 29.5% since 2022.
- Notable trend: Homicide rate down 31.9% since 2022, now at 3.8 per 100,000.
Source: FBI Crime Data Explorer (state-level summarized data for Wisconsin).
Schools & Higher Ed
Beloit has access to several educational institutions, enabling local residents to pursue higher education.
- Postsecondary institutions: 4
- Institutions with College Scorecard data: 4
- Notable schools include Beloit College and Blackhawk Technical College, located nearby in Janesville.
Source: NCES Postsecondary School Locations, U.S. Dept. of Education College Scorecard.
Weather & Getting Outside
Rock County experiences an annual precipitation of about 5.5 inches, with approximately 20 rainy days each year. The area also sees minimal snowfall, averaging about 2.3 inches annually. There are several parks available for outdoor activities.
- Parks & outdoor spots worth checking out:
- Palmer Park - Rated 4.7 with 1,220 reviews
- Riverside Park - Rated 4.6 with 1,005 reviews
- Big Hill Park - Rated 4.8 with 509 reviews
- Hononegah Forest Preserve - Rated 4.6 with 514 reviews
Sources: NOAA Climate Data Online, Google Places.