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South Beloit, Illinois 0 Reviews | Leave a Comment  Add Favorite




Pros

-Small-town atmosphere
-Cost of living
-Access to Chicago

Cons

-Harsh climate
-Crime rates
-Entertainment


What Bert Has To Say About Rockford Metro Area


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.



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Highlights



Quick Facts About South Beloit


    ECONOMY
    The unemployment rate in South Beloit is 6.40 percent(U.S. avg. is 5.20%). Recent job growth is Positive. South Beloit jobs have Increased by 1.15 percent.
    COST OF LIVING
    Compared to the rest of the country, South Beloit's cost of living is 13.30% Lower than the U.S. average.
    POPULATION
    As of 2014, South Beloit's population is 7,680 people. Since 2000, it has had a population growth of 88.61 percent.
    TRANSPORTATION
    Average Commute time is 19 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in South Beloit is $118,600. Home appreciation the last year has been -9.27 percent.
    SCHOOLS
    South Beloit public schools spend $12,273 per student. The average school expenditure in the U.S. is $12,383. There are about 17.7 students per teacher in South Beloit.

Best Places to Live in South Beloit, Illinois



South Beloit Housing Market


It's not a good time to buy in South Beloit. Home Appreciation is down -9.3% in the last 12 months. Browse South Beloit Real Estate.
The median home price in South Beloit is $118,600. Browse Homes in this Range.
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Mortgage Calculator     Home Equity Calculator

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