Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Health & Safety
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Crime
This area is reporting high crime rates per 100,000 people and could signify that it is a dangerous place to live. Crime rates include both violent and property crimes.
Employment
A low score in the employment category could indicate that this area struggles with high unemployment rates and low household income and income per capita levels.
Schools
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
Beloit, Wisconsin is a medium-sized city with a population of 36,804 people. According to the most recent Census, 68% of Beloit residents are White, 13% Black and 1% Asian. Single men and women might be happy to hear that in Beloit, only 46% of the population is married.
Living in Beloit can be a good experience for anyone moving to the town. Having said that, in the state of Wisconsin, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, crime, commute, employment, housing, you can easily compare the best places to live in Beloit and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Beloit to Wisconsin and the national average.
Using data and statistics Beloit has received a livability score of 68 out of 100. This score is ranked in the 73rd percentile when compared to all other cities. There are nine total categories that form the livability score. Beloit ranks well for cost of living (A+) and housing (A-) Regrettably for Beloit, there are some categories for which it does not rank well, this includes: amenities (F), crime (F), education (F) and employment (F).
Finding affordable real estate and housing in Beloit can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Beloit meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Beloit. Everything else becomes a lot less important if it turns out that home prices in Beloit are simply unattainable. Median real estate prices in Beloit come in at $96,400, which is 42.3% lower than the Wisconsin average. The home price to income ratio compares the median home prices to the median household income. In Beloit, the home price to income ratio is 2.1, which is 32.3% lower than the Wisconsin average.
| Statistic | Beloit | Wisconsin | National |
| Average one way commute | 22min | 22min | 26min |
| Workers who drive to work | 81.0% | 80.7% | 76.4% |
| Workers who carpool | 11.0% | 8.3% | 9.3% |
| Workers who take public transit | 0.5% | 1.9% | 5.1% |
| Workers who bicycle | 0.0% | 0.8% | 0.6% |
| Workers who walk | 3.2% | 3.3% | 2.8% |
| Working from home | 2.3% | 4.2% | 4.6% |
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