Cost of Living in Beloit
Beloit's cost of living pairs genuinely affordable home values against a property tax rate that's mid-range for Wisconsin overall, though still above the national median.
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Learn moreA real, disclosed home-value spread, well below the state median
Zillow's average home value ran $211,287 (+7.7% YoY, updated July 31, 2026) with a separately cited median of $223,000; an older 2024 City-Data figure ran a lower $156,500. Every figure runs well below Wisconsin's own $335,500-$360,000 statewide median.
A property tax rate mid-range for Wisconsin
Beloit's median effective property tax rate ran 1.51% per Ownwell this pass -- above the 1.02% national median, but squarely within Wisconsin's own real, documented 1.32%-1.85% statewide cross-source band.
A median household income below the national median
Beloit's median household income ($62,663) runs below the national median, with a poverty rate of approximately 14.97% -- consistent with its identity as a genuinely affordable Rock County seat.
Wisconsin's 4-bracket income tax applies regardless
Wisconsin's real, progressive 4-bracket state income tax (3.50%-7.65%) applies statewide, including in Beloit -- with no local/county piggyback layer. See wisconsin.js for the full bracket structure.
Key takeaways
- Home values carry a real, disclosed spread ($152,348-$223,000), all well below Wisconsin's statewide median.
- Effective property tax rate (1.51%) is mid-range for Wisconsin's own statewide band, though above the national median.
- Median household income ($62,663) runs below the national median.
- Wisconsin's statewide 4-bracket income tax applies regardless of city, with no local piggyback layer.
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