Income & Economy in South Beloit city, IL (61080)
Median Income
$78,533
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+616
Wealth inflow
Population
11,062
Unemployment
5.7%
2.0pp above US avg
IRS migration statistics show a net inflow of about 616 for ZIP 61080 (South Beloit city, IL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 61080 (2020–Present)
Since 2020, population grew 10.0%, median income rose 11.4% (inflation-adjusted), home values increased 15.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $78,533 |
| Unemployment | 5.7% |
| Establishments | 219 |
| Employees | 2,964 |