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Beloit, OH

Full City Profile · Ohio · Columbiana County County

3.0 /5.0
B Good
995 Population 1,015/sq mi density
$48,684 Median Income $32,037 per capita
$98,300 Home Value $183,371 Zillow
$565 Median Rent 22.7% income on rent
50°F Avg Temperature 282 sunny days/yr
93 Violent Crime/100K 2,837 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$48,684 median income, 0.2% unemployment
A+
Affordability
5.0 / 5.0
$98,300 home value, $565/mo rent
F
Safety
1.0 / 5.0
93 violent crimes/100K
C
Education
2.1 / 5.0
13.9% bachelor's degree or higher

Income Overview

Median Household Income
$48,684
35% below
US avg: $75,149
Per Capita Income
$32,037
18% below
US avg: $39,052
Unemployment Rate
0.2%
94% below
US avg: 3.6%
Poverty Rate
1.5%
88% below
US avg: 12.4%

Income Comparison: Beloit vs. U.S. Average

Each bar shows Beloit’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$48,684
65%
Per Capita
US: $39,052
$32,037
82%
IRS Avg AGI
US: $72,000
$59,859
83%
Avg Weekly Wage
US: $1,432
$948
66%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$948
34% below US avg ($1,432)
Mean Commute Time
24 min
14% below US avg (28 min)
Work From Home
3.8%
75% below US avg (15.2%)
Drive Alone
90.4%
24% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$4,813M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 90.4%
Public Transit 0%
Work From Home 3.8%
Other 5.8%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,244
Restaurants
179
Healthcare
241
Retail
321
Manufacturing
166

Tax & Financial

IRS Avg Adjusted Gross Income
$59,859
17% below US avg ($72,000)
Avg Property Tax
$3,728
7% above US avg ($3,500)
Cost of Living Index
92.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$48,684
Per Capita Income$32,037
IRS Avg Adjusted Gross Income$59,859
Avg Weekly Wage$948
County GDP$4,813M

Hardship Indicators

Unemployment Rate0.2%
Poverty Rate1.5%
Gini Coefficient0.439
Cost of Living Index92.8

Commute

Mean Commute24 minutes
Drive Alone90.4%
Public Transit0.0%
Work From Home3.8%

Businesses

Total Establishments2,244
Restaurants179
Healthcare241
Retail321
Manufacturing166

Tax

IRS Avg AGI$59,859
Avg Property Tax$3,728