Economy in Beloit, Wisconsin
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Economy
| Unemployment Rate | 13.40% | 9.10% |
| Recent Job Growth | -5.54% | -0.12% |
| Future Job Growth | 15.52% | 31.25% |
| Sales Taxes | 5.50% | 6.80% |
| Income Taxes | 6.75% | 6.25% |
| Income per Cap. | $18,872 | $27,067 |
| Household Income | $39,869 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 15.69% | 12.10% |
| Income between 15K and 25K | 13.88% | 10.18% |
| Income between 25K and 35K | 13.92% | 10.56% |
| Income between 35K and 50K | 19.40% | 14.98% |
| Income between 50K and 75K | 20.87% | 19.53% |
| Income between 75K and 100K | 8.36% | 12.52% |
| Income between 100K and 150K | 5.83% | 12.14% |
| Income between 150K and 250K | 0.88% | 3.91% |
| Income between 250K and 500K | 1.02% | 3.34% |
| Income greater than 500K | 0.15% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.85% | 13.81% |
| Professional and Related Occupations | 18.95% | 22.68% |
| Service | 16.22% | 14.51% |
| Sales and Office | 24.67% | 25.22% |
| Farming, Fishing, and Forestry | 0.24% | 0.68% |
| Construction, Extraction, and Maintenance | 7.87% | 9.37% |
| Production, Transportation, and Material Moving | 30.23% | 15.86% |
The unemployment rate in Beloit, WI, is 13.40%, with job growth of -5.54%. Future job growth over the next ten years is predicted to be 15.52%.
Beloit, WI Taxes
Beloit, WI,sales tax rate is 5.50%. Income tax is 6.75%.
Beloit, WI Income and Salaries
The income per capita is $18,872, which includes all adults and children. The median household income is $39,869.
Beloit Economy SperlingViews
Just Dont Do It: I think Beloit has many downfalls and the only thing good that I can really say about it is thatit has some nice bike and walking trails/paths at different locations in... (read more)30 year resident: Excellent school system, outstanding police and fire depts, easy access to two interstate highways plus moderate cost of living make Beloit an excellent choice for a... (read more)Living in Beloit: We have lived in rural Beloit for 12 years, and lived in Milwaukee before that. My perception of Beloit is that people are very friendly. There is plenty of community... (read more)Have an opinion about Beloit? Leave a commentTo See All SperlingViews for Beloit Click Here
