Beloit, Ohio Demographics & Population 2026
During the 2020–2024 ACS period, Beloit, Ohio had a total population of 948, the 699th largest village in Ohio, with a median household income of $54,583, which is 24% lower than the state average. The poverty rate is 9.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.8x.
- Near full employment with an unemployment rate of just 0.4%.
Beloit Quick Facts
How Beloit Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 995 | 948 | -4.7% |
| Median household income | $48,684 | $54,583 | +12.1% |
| Median home value | $98,300 | $100,400 | +2.1% |
How Beloit Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Beloit Rankings in Ohio
Explore Ohio Rankings
Other Cities in Mahoning County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Youngstown | 59,331 | $34,408 | 37.3% | $63,300 |
| Austintown | 30,164 | $52,978 | 16.9% | $144,300 |
| Salem | 11,758 | $47,073 | 21.3% | $119,400 |
| Struthers | 9,923 | $53,447 | 15.0% | $100,100 |
| Campbell | 7,784 | $42,909 | 31.1% | $82,300 |
| Canfield | 7,649 | $97,439 | 4.1% | $254,800 |
| Sebring | 4,146 | $49,541 | 20.3% | $90,300 |
| Mineral Ridge | 3,657 | $59,161 | 6.0% | $154,600 |
| Poland | 2,357 | $92,417 | 3.5% | $199,700 |
| Woodworth | 1,824 | $60,417 | 11.8% | $146,300 |
Cities Similar to Beloit
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Rutland | 956 | $53,603 | $83,800 | 10.2% | 26.0% |
| Fayette | 969 | $49,539 | $94,400 | 10.5% | 24.5% |
| New Waterford | 950 | $46,875 | $154,200 | 17.9% | 21.8% |
| La Croft | 915 | $50,054 | $106,100 | 13.1% | 6.0% |
| New Holland | 955 | $47,159 | $137,100 | 6.0% | 28.5% |
A note before these figures: with a population of 948, Beloit's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Beloit is a small community located in Ohio, within Mahoning County. The total population is 948. It ranks as the 699th most populous out of 1,264 Census-designated places in Ohio.
Age Demographics
The median age in Beloit is 49.7 years. This is 25% higher than the state median of 39.7 years. Only 13.0% of residents are under 18, indicating fewer families with children. 10.0% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Beloit is $54,583. This is 24% lower than the state median of $71,389. It is also 32% lower than the national median of $80,734. The poverty rate stands at 9.4%. This is 30% lower than the state poverty rate of 13.3%. The unemployment rate is 0.4%. This is 92% lower than the state rate of 4.8%. The median home value is $100,400. Housing costs are 53% lower than the state median of $214,800. With a home-value-to-income ratio of just 1.8x, Beloit is one of the most affordable housing markets in the area. 75.8% of occupied housing units are owner-occupied. This homeownership rate is 13% higher than the state average of 67.2%.
Race & Ethnicity
Beloit has a predominantly White (non-Hispanic) population, comprising 92.3% of all residents. Hispanic or Latino residents account for 3.1%.
Education
10.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 67% lower than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.7%.
Data Sources & Methodology
All demographic data for Beloit, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Beloit, Ohio?
Beloit, Ohio has a population of 948 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Beloit, OH?
The median household income in Beloit is $54,583, which is 32% lower than the national median of $80,734.
What is the poverty rate in Beloit, OH?
The poverty rate in Beloit is 9.4%. This means approximately 88 residents live below the federal poverty line.
What is the racial makeup of Beloit, Ohio?
Beloit's population is 92.3% White, 0.0% Black, 3.1% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Beloit, OH?
The median home value in Beloit is $100,400. The home-value-to-income ratio is 1.8x.
How educated is Beloit, Ohio?
10.3% of adults (25+) in Beloit hold a bachelor's degree or higher, and 1.3% hold a graduate or professional degree.