Income & Economy in Belknap, IL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

N/A

Per Capita Income

$29,742

-20% vs national

Poverty Rate

7.7%

-43% vs national

Gini Index

0.4309

0 = perfect equality

Unemployment

10.2%

+96% vs national

SNAP Recipients

11.4%

of households

How Belknap Compares

Source: Census ACS (2023)
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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Belknap.

$

Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
22.9%
$25-50K
25.7%
$50-75K
17.1%
$75-100K
2.9%
$100-150K
2.9%
$150-200K
28.6%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

10.2%

+82% vs IL avg

Labor Force

49

Employed

44

Mean Commute

30 min

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

24.4%

of adults 25+

High School Diploma+

43.6%

of adults 25+

Median Age

54.3

Work from Home

0.0%

of workers

The median household income in Belknap, IL is N/A. Per capita income is $29,742. The poverty rate of 7.7% is lower than the IL state average of 12.0%. The Gini index of income inequality is 0.4309, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 10.2%, compared to the state average of 5.6%. 24.4% of adults hold a bachelor's degree or higher. The average commute time is 30 minutes, with 0.0% working from home.