Beloit Hourly Wage & Salary 2026
Beloit, WI: $24.63/hr median hourly wage, $51,236 median annual salary, cost of living index 82.4, and $7.25/hr minimum wage. Calculate take-home pay with federal and Wisconsin taxes.
Beloit Hourly Wage Quick Answer
The median hourly wage in Beloit, WI is $24.63/hr, equivalent to $51,236 per year at 2,080 work hours. Entry-level pay estimates around $15.27/hr, senior-level pay estimates around $34.97/hr, and the local minimum wage is $7.25/hr.
Median Salary
$51,236
$24.63/hr
Cost of Living
82.4
US avg = 100
Minimum Wage
$7.25
per hour
Unemployment
3.5%
rate
Beloit, WI Overview
Population
36,804
Median Salary
$51,236
Average Salary
$57,384
Avg Commute
17 min
Median Home Price
$231,000
Median Rent
$942/mo
Job Growth
+2.1%
Sales Tax
5%
Beloit is located in Wisconsin with a population of 36,804. The median household salary is $51,236 per year ($24.63/hour), which is $8,148 below the national median of $59,384. The average commute time is 17 minutes, and the city has a job growth rate of +2.1%.
Beloit Salary by Experience Level (2026)
Wage distribution in Beloit, WI based on BLS percentile breakdown of the $51,236 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $31,766 | $15.27/hr | 0–2 years |
| Mid-Level (Median) | $51,236 | $24.63/hr | 3–7 years |
| Senior-Level | $72,755 | $34.97/hr | 8–15 years |
| Top 10% (90th Percentile) | $91,200 | $43.84/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Beloit Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Beloit, WI, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$40,136
$3,344.64/month · $1,543.68/biweekly · Effective Rate: 21.7%
Gross Pay
$51,236
Federal Tax
-$3,968
State Tax
-$3,212
Local Tax
$0
FICA
-$3,920
Net Pay
$40,136
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,269.67 | $51,236.00 |
| Federal Income Tax | -$330.69 | -$3,968.32 |
| Wisconsin State Tax (6.27%) | -$267.71 | -$3,212.50 |
| Social Security (6.2%) | -$264.72 | -$3,176.63 |
| Medicare (1.45%) | -$61.91 | -$742.92 |
| Net Take-Home Pay | $3,344.64 | $40,135.63 |
Salary Comparison: Beloit vs Other Cities
See how Beloit's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Beloit, WI | $51,236 | 82.4 | $62,180 |
| National Average | $59,384 | 100 | $59,384 |
| Rome, GA | $51,236 | 92.5 | $55,390 |
| University, FL | $51,232 | 93.6 | $54,735 |
| Plainfield, IL | $51,251 | 84.3 | $60,796 |
| Joplin, MO | $51,178 | 93.6 | $54,677 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Beloit
Beloit's cost of living index is 82.4 (national average = 100). Living in Beloit is 17.599999999999994% less expensive than the national average.
Median Home Price
$231,000
Median Monthly Rent
$942
Annual Rent Cost
$11,304
Your Salary's Purchasing Power
Your $40,136 annual take-home pay in Beloit has the purchasing power of approximately $48,708 in an average-cost US area. Your $51,236 salary stretches further here than in most US cities.
Top Industries in Beloit
Beloit's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $51,236.
Salary Tips for Beloit Workers
- Your salary goes further here. Beloit has a cost of living 17.599999999999994% below the national average. A salary of $51,236 here has the purchasing power of about $62,180 in an average-cost area.
- Maximize pre-tax deductions. With a 6.27% state income tax rate, maximizing 401(k) contributions (up to $24,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Beloit's top industries include Manufacturing, Agriculture, Healthcare. Targeting roles in these sectors can help you earn above the $51,236 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate Beloit salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Beloit-WI metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Beloit indexed at 82.4.
- Median salary calculation: weighted average of Beloit's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $51,236 annual median.
- Tax burden reflects Wisconsin state income tax (6.27%) (no local income tax), sales tax (5%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Beloit: 3.5%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Manufacturing, Agriculture, Healthcare — based on QCEW employment concentration data.
- Job growth: 2.1% projected through 2034, derived from BLS Employment Projections program for Wisconsin.
- Housing context: median home price $231,000, median rent $942/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Beloit, WI:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Beloit unemployment rate
- U.S. Census Bureau — Beloit QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — Wisconsin — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Beloit's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Wisconsin labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
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Frequently Asked Questions
What is the hourly wage in Beloit, WI?
The median hourly wage in Beloit, WI is $24.63 per hour. At a standard 2,080-hour work year, that equals about $51,236 per year. Entry-level workers are estimated around $15.27/hr, while senior-level workers are estimated around $34.97/hr before overtime, bonuses, or benefits.
What is the median salary in Beloit, WI?
The median salary in Beloit, WI is $51,236 per year, or $24.63 per hour. The average salary is $57,384. This is $8,148 below the national median of $59,384.
What is the cost of living in Beloit, WI?
Beloit's cost of living index is 82.4 (national average = 100), meaning it is 17.599999999999994% less expensive compared to the national average. The median home price is $231,000 and the median monthly rent is $942.
What are the best industries in Beloit?
The top industries in Beloit, WI include Manufacturing, Agriculture, Healthcare. The city has a job growth rate of 2.1% and an unemployment rate of 3.5%. Workers in these industries often earn above the city's median salary of $51,236.
How does Beloit's salary compare to other cities?
Beloit's median salary of $51,236 is 13.7% below the national median of $59,384. However, when adjusted for cost of living (index: 82.4), the real purchasing power is approximately $62,180.
What is the minimum wage in Beloit, WI?
The minimum wage in Beloit, WI is $7.25 per hour. This equals approximately $15,080 per year for a full-time worker (40 hours/week). This matches the federal minimum wage of $7.25/hour.