HomeIllinoisBoone CountyBelvidere
Belvidere, Illinois: commercial real estate data.
Belvidere is a Census city of 24,752 people across 12.66 square miles of land, in Boone County. Median household income is $64,528, 70.9 percent of occupied homes are owned, and the SBA record carries 34 7(a) approvals to borrowers here worth $13.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Belvidere
What Belvidere is
- Census place typecity
- Land area12.66 sq mi
- Water area0.24 sq mi
- Population per square mile of land1,955
- County holding the largest share of its areaBoone County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Belvidere
How many people live in Belvidere
- Population24,752
- Median age38.7
- Population under 185,764
- Share under 1823.3 percent
- Population 65 and over4,029
- Share 65 and over16.3 percent
- Households9,589
- Family households6,141
- Share of households that are families64.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Belvidere
Income and work in Belvidere
- Median household income$64,528
- Per capita income$32,460
- Civilian labor force13,407
- Employed12,462
- Unemployed945 plus or minus 285
- Unemployment rate7.0 percent plus or minus 2.1
- Adults 25 and over16,487
- Adults 25 and over with a high school diploma or higher79.3 percent
- Adults 25 and over with a bachelor degree or higher12.8 percent
- Adults 25 and over with a graduate degree4.9 percent plus or minus 1.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Belvidere
Housing in Belvidere
- Housing units9,994
- Occupied units9,589
- Vacant units405 plus or minus 213
- Vacancy rate4.1 percent plus or minus 2.1
- Owner occupied6,799
- Renter occupied2,790
- Ownership rate70.9 percent
- Median owner-occupied home value$158,900
- Median gross rent, monthly$991
- Annual rent as a share of median income18.4 percent
- Single family units7,205
- Share single family72.1 percent
- Units in buildings of two or more1,849 plus or minus 381
- Share in buildings of two or more18.5 percent plus or minus 3.8
- Mobile homes940 plus or minus 216
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Belvidere
How Belvidere gets to work
- Workers 16 and over who commute11,189
- Commuting under 15 minutes3,411
- Share commuting under 15 minutes30.5 percent
- Commuting 30 minutes or more4,009
- Share commuting 30 minutes or more35.8 percent
- Drove alone79.1 percent
- Carpooled10.9 percent plus or minus 3.4
- Public transport0.0 percent
- Walked1.5 percent plus or minus 1.2
- Worked from home7.7 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Belvidere
SBA loans in Belvidere (7(a))
- Approvals34
- Gross approval$13,240,600
- Average approval$389,429
- Median approval$237,500
- Ninetieth percentile approval$1,025,900
- Largest approval$1,867,500
- Jobs supported251
- Jobs per approval7.4
- Loans with a final outcome8
- Paid in full4
- Charged off4
- Median term120 months
- Share on real estate terms of 20 years or more17.6 percent
- Share to franchises20.6 percent
- Distinct lenders17
- Distinct industries by NAICS19
Counted by borrower city: approvals to borrowers whose address is in Belvidere, in any county, FY2020 to FY2026. Only 8 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Belvidere
SBA loans in Belvidere (504)
- Approvals8
- Gross approval$2,769,000
- Average approval$346,125
- Median approval$307,500
- Largest approval$792,000
- Jobs supported83
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Belvidere, in any county, FY2010 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Belvidere
Flood risk in Belvidere
- NFIP communityCity of Belvidere
- NFIP community number170008
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date02/18/11
The City of Belvidere participates in the National Flood Insurance Program as community 170008 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Boone County, not Belvidere
Boone County context, not Belvidere figures
- Establishments in Boone County890
- Covered employment, Boone County11,526
- Average annual pay, Boone County$55,414
- Housing units permitted, Boone County52
Every figure in this section is published for Boone County as a whole and is not a measurement of Belvidere.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Belvidere questions, answered from the record.
How many people live in Belvidere, Illinois?
24,752, in 9,589 households. Belvidere city covers 12.66 square miles of land, which is 1,955 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Belvidere in?
Boone County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Belvidere?
$64,528. The median owner-occupied home is valued at $158,900. Median gross rent is $991 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Belvidere businesses?
34 7(a) approvals totaling $13.2 m since FY2020, across 17 lenders, median approval $237,500, plus 8 504 approvals worth $2.8 m since FY2010. These count approvals to borrowers whose address is in Belvidere, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Belvidere borrowers get paid back?
No rate is published for Belvidere. Only 8 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Belvidere in the National Flood Insurance Program?
Yes. Belvidere appears in the FEMA Community Status Book as Belvidere, city of, community 170008, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Belvidere figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Boone County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Belvidere.
Is zoning published for Belvidere?
No. Nothing on this page presents parcel level zoning.
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