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Belvidere, IL

Full City Profile · Illinois · Boone County County

2.9 /5.0
C+ Fair
24,510 Population 1,936/sq mi density
$62,462 Median Income $32,181 per capita
$153,100 Home Value $250,942 Zillow
$943 Median Rent 29.1% income on rent
48°F Avg Temperature 260 sunny days/yr
255 Violent Crime/100K 1,026 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$62,462 median income, 4.7% unemployment
A+
Affordability
5.0 / 5.0
$153,100 home value, $943/mo rent
F
Safety
1.0 / 5.0
255 violent crimes/100K
C
Education
2.1 / 5.0
13.2% bachelor's degree or higher

Income Overview

Median Household Income
$62,462
17% below
US avg: $75,149
Per Capita Income
$32,181
18% below
US avg: $39,052
Unemployment Rate
4.7%
31% above
US avg: 3.6%
Poverty Rate
10.9%
12% below
US avg: 12.4%

Income Comparison: Belvidere vs. U.S. Average

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

Median Household
US: $75,149
$62,462
83%
Per Capita
US: $39,052
$32,181
82%
IRS Avg AGI
US: $72,000
$78,138
109%
Avg Weekly Wage
US: $1,432
$1,066
74%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,066
26% below US avg ($1,432)
Mean Commute Time
25 min
11% below US avg (28 min)
Work From Home
7.2%
53% below US avg (15.2%)
Drive Alone
75.8%
3% above US avg (73.2%)
Public Transit
0.3%
94% below US avg (5.0%)
County GDP
$1,975M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 75.8%
Public Transit 0.3%
Work From Home 7.2%
Other 16.7%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
880
Restaurants
75
Healthcare
70
Retail
90
Manufacturing
68

Tax & Financial

IRS Avg Adjusted Gross Income
$78,138
9% above US avg ($72,000)
Avg Property Tax
$8,648
147% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$62,462
Per Capita Income$32,181
IRS Avg Adjusted Gross Income$78,138
Avg Weekly Wage$1,066
County GDP$1,975M

Hardship Indicators

Unemployment Rate4.7%
Poverty Rate10.9%
Gini Coefficient0.424
Cost of Living Index100.0

Commute

Mean Commute25 minutes
Drive Alone75.8%
Public Transit0.3%
Work From Home7.2%

Businesses

Total Establishments880
Restaurants75
Healthcare70
Retail90
Manufacturing68

Tax

IRS Avg AGI$78,138
Avg Property Tax$8,648