HomeKansasMitchell CountyBeloit city
Beloit city, Kansas: commercial real estate data.
Beloit city is a Census city of 3,029 people across 3.92 square miles of land, in Mitchell County. Median household income is $52,114, 57.8 percent of occupied homes are owned, and the SBA record carries 7 7(a) approvals to borrowers here worth $6.2 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Beloit
What Beloit is
- Census place typecity
- Land area3.92 sq mi
- Water area0.03 sq mi
- Population per square mile of land773
- County holding the largest share of its areaMitchell 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.
Beloit
How many people live in Beloit
- Population3,029
- Median age40.5
- Population under 18661 plus or minus 144
- Share under 1821.8 percent
- Population 65 and over637
- Share 65 and over21.0 percent
- Households1,455
- Family households767
- Share of households that are families52.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Beloit
Income and work in Beloit
- Median household income$52,114 plus or minus $12,458
- Per capita income$36,948 plus or minus $7,457
- Civilian labor force1,422
- Employed1,419
- Unemployed3 plus or minus 6
- Unemployment rate0.2 percent plus or minus 0.4
- Adults 25 and over2,072
- Adults 25 and over with a high school diploma or higher90.9 percent
- Adults 25 and over with a bachelor degree or higher23.0 percent plus or minus 5.8
- Adults 25 and over with a graduate degree9.4 percent plus or minus 3.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Beloit
Housing in Beloit
- Housing units1,602
- Occupied units1,455
- Vacant units147 plus or minus 82
- Vacancy rate9.2 percent plus or minus 5.1
- Owner occupied841
- Renter occupied614 plus or minus 146
- Ownership rate57.8 percent
- Median owner-occupied home value$125,600 plus or minus $37,894
- Median gross rent, monthly$643
- Annual rent as a share of median income14.8 percent plus or minus 4.5
- Single family units1,220
- Share single family76.2 percent
- Units in buildings of two or more382 plus or minus 147
- Share in buildings of two or more23.8 percent plus or minus 8.9
- Mobile homes0
- Median year structure built1964
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Beloit
How Beloit gets to work
- Workers 16 and over who commute1,283
- Commuting under 15 minutes997 plus or minus 222
- Share commuting under 15 minutes77.7 percent
- Commuting 30 minutes or more145 plus or minus 87
- Share commuting 30 minutes or more11.3 percent plus or minus 6.6
- Drove alone76.3 percent
- Carpooled7.3 percent plus or minus 4.2
- Public transport4.5 percent plus or minus 4.6
- Walked4.3 percent plus or minus 4.4
- Worked from home7.6 percent plus or minus 4.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Beloit
SBA loans in Beloit (7(a))
- Approvals7
- Gross approval$6,156,700
- Average approval$879,529
- Median approval$250,000
- Ninetieth percentile approval$2,400,000
- Largest approval$2,400,000
- Jobs supported228
- Jobs per approval32.6
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more28.6 percent
- Share to franchises14.3 percent
- Distinct lenders4
- Distinct industries by NAICS4
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mitchell County, not Beloit
Mitchell County context, not Beloit figures
These are Mitchell County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Beloit measurements.
- Establishments in Mitchell County237
- Employment at those establishments, Mitchell County2,346
- Covered employment, Mitchell County3,146
- Average annual pay, Mitchell County$47,181
- Average weekly wage, Mitchell County$907
- Housing units permitted, Mitchell County4
- Of those, single family, Mitchell County4
- County product, 2024, Mitchell County$614,501,000
- County product change over the prior year, Mitchell County-8.3 percent
- Average income of an arriving household, Mitchell County$41,889
Every figure in this section is published for Mitchell County as a whole and is not a measurement of Beloit. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Beloit questions, answered from the record.
How many people live in Beloit, Kansas?
3,029, in 1,455 households. Beloit city covers 3.92 square miles of land, which is 773 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Beloit in?
Mitchell 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 Beloit?
$52,114. The median owner-occupied home is valued at $125,600. Median gross rent is $643 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Beloit businesses?
7 7(a) approvals totalling $6.2 m, across 4 lenders, median approval $250,000. These count approvals to borrowers whose address is in Beloit, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Beloit borrowers get paid back?
No rate is published for Beloit. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Beloit figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Mitchell 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 Beloit.
Is zoning published for Beloit?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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