Cost of Living,
South Beloit's Real Estate Market
Rockford Metro Area
Profile: Small town Location: North-central Illinois near the Wisconsin border, 80 miles west of Chicago Elevation: 743 Time zone: Central Standard Time
|Small-town atmosphere||Harsh climate|
|Cost of living||Crime rates|
|Access to Chicago ||Entertainment|
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Despite its location in a largely agricultural region, Rockford has a strong heritage as an industrial center. The diverse manufacturing base has partially transitioned away from its Rust Belt beginnings, and today’s local industries include aviation, aerospace, precision tools, and medicine along with the mainstays of agriculture and agricultural machinery. The industrial transformation is being augmented by its not-too-distant location relative to suburban Chicago and the new commuter rail service recently started.
The area still suffers the marks of economic decline, and the downtown area, passed by the Northwest Tollway, still shows signs of neglect. But the new commuter access, low housing costs, and some downtown and Rock River waterfront rehabilitation are bringing in some residents and new facilities. There are some good museums, and nearby Magic Waters is acclaimed to be the world’s largest water park. Some recreational opportunities are available in Wisconsin to the north, but residents must travel to Chicago for many amenities.
Rockford is located along the Rock River in an area of level to gently rolling terrain and open farmland. The climate is continental and variable. Summers are hot and sticky while winters are typically cold and blustery. Northeasterly winds from Lake Michigan cause cloudy periods in winter and some temperature moderation compared to areas farther west. Summers are hot but may also be cooled by lake winds. Precipitation is distributed evenly throughout the year, with slightly more arriving in summer, mainly as thunderstorms. Rockford is far enough north to have snow cover through the mid-winter months. First freeze is mid-October, last is late April.
Interesting Facts about South_Beloit, Illinois
As of 2014, South Beloit's population is 7,917 people. Since 2000, it has had a population growth of 32.52 percent.--------------------
The median home cost in South Beloit is $105,100. Home appreciation the last year has been -6.90 percent.--------------------
Compared to the rest of the country, South Beloit's cost of living is 12.90% Lower than the U.S. average.--------------------
South Beloit public schools spend $12,230 per student. The average school expenditure in the U.S. is $12,435. There are about 20.6 students per teacher in South Beloit.--------------------
The unemployment rate in South Beloit is 9.10 percent(U.S. avg. is 6.30%). Recent job growth is Positive. South Beloit jobs have Increased by 2.94 percent.
Ranked #66 America's Best and Worst Cities for Crime (Mid-Size Metro Areas)
Ranked #155 Best Green Cities
Ranked #231 2005 Best Places to Live
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Average Commute time is 23 minutes. The National Average is 25 minutes.--------------------
South Beloit's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes
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