Beloit, Wisconsin 

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Economy in Beloit, Wisconsin

Beloit has an unemployment rate of 6.2%. The US average is 6.0%.

Beloit has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.

Tax Rates for Beloit
- The Sales Tax Rate for Beloit is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Beloit is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Beloit
- The average income of a Beloit resident is $18,798 a year. The US average is $28,555 a year.
- The Median household income of a Beloit resident is $36,384 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYBeloit, WisconsinUnited States
  6.2%6.0%
  -3.8%-6.2%
  32.2%33.5%
  5.5%6.2%
  6.3%4.6%
  $19,594$31,177
  $38,930$57,652
  $44,593$70,850
  POPULATION BY OCCUPATION
  0.4%1.3%
  0.2%0.6%
  5.4%6.2%
  28.1%10.4%
  2.6%2.7%
  10.4%11.6%
  3.3%4.1%
  0.6%0.9%
  1.8%2.1%
  2.2%4.7%
  0.6%1.9%
  2.1%6.7%
  0.0%0.1%
  3.6%4.3%
  11.2%9.3%
  12.5%13.8%
  1.0%2.2%
  7.5%7.4%
  3.8%4.9%
  2.8%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Reviews for Beloit    5 Reviews
    30 year resident - 5/4/2010
    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

    Start Your Review of Beloit


    Living in Beloit - 7/31/2009
    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

    Wonderful Place, is Beloit - 7/29/2007
    Unlike the other two reviews, I find Beloit to be a truly special place. Alot of good things are happening here, and with Beloit's cultural diversity and beautiful... Read More


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