Beloit, WI Real Estate
According to census data in the year 2000 there were 14,253 housing units in Beloit.
This represents a 1.6% growth from 14,033 in 1990.
Of those housing units, 14,231 were located in either urbanized areas or urban clusters, and 22 were located in what is classified as a rural area.
Homeownership rate in Beloit is about 62.1%.
Beloit's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Beloit were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 14.40% |
| Two Bedrooms | 32% |
| Three Bedrooms | 39.90% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $68,200 |
| Median Price asked for vacant units | $56,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $432 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 10.10% |
| Home Equity Loan | 6.60% |
| Simple Mortgage | 51.50% |
| Debt Free | 31.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
