Beloit vs Lake Milton

A side-by-side comparison of Beloit and Lake Milton: population, income, housing, and more.

Beloit and Lake Milton are places in Ohio. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Beloit has the higher population (995 vs 533 in Lake Milton). Lake Milton has the higher median household income ($94,000 vs $48,684 in Beloit). Lake Milton has the higher median home value ($391,200 vs $98,300 in Beloit).

Population, income & housing

	Beloit	Lake Milton
Population	995	533
Median age	49.3 yrs	47.7 yrs
Median household income	$48,684	$94,000
Median home value	$98,300	$391,200
Median gross rent	$565	$817
Housing units	477	452
Homeownership rate	80.2%	87.1%
Bachelor's degree or higher	13.9%	38.5%
Unemployment rate	0.4%	2.9%

Trends (ACS 5-year, 2019–2023)

	Beloit	Lake Milton
Population	1,041 → 995 (-4.4%)	635 → 533 (-16.1%)
Median household income	$40,833 → $48,684 (+19.2%)	$39,056 → $94,000 (+140.7%)
Median home value	$71,700 → $98,300 (+37.1%)	$122,700 → $391,200 (+218.8%)
Median gross rent	$583 → $565 (-3.1%)	$740 → $817 (+10.4%)

Beloit

Population

1,041995

Median household income

$40,833$48,684

Median home value

$71,700$98,300

Median gross rent

$583$565

Lake Milton

Population

635533

Median household income

$39,056$94,000

Median home value

$122,700$391,200

Median gross rent

$740$817

Age & race/ethnicity

Age distribution (share)

	Beloit	Lake Milton
Under 5	2.2%	11.8%
5 to 17	12.8%	7.9%
18 to 24	7.0%	7.1%
25 to 34	7.1%	15.2%
35 to 44	17.9%	6.4%
45 to 54	13.5%	12.8%
55 to 64	12.3%	15.0%
65 to 74	15.1%	9.8%
75 and over	12.2%	14.1%

Race & ethnicity (share)

	Beloit	Lake Milton
White (non-Hispanic)	92.5%	98.9%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	4.2%	1.1%
Hispanic or Latino	3.3%	0.0%

Educational attainment (age 25+)

Share of adults 25+

	Beloit	Lake Milton
No high school diploma	5.9%	1.5%
High school graduate	39.8%	33.8%
Some college or associate's	40.3%	26.2%
Bachelor's degree	10.7%	25.9%
Graduate or professional degree	3.2%	12.6%

Commute to work

How workers get to work (share)

	Beloit	Lake Milton
Drove alone	90.4%	82.8%
Carpooled	5.8%	7.6%
Public transit	0.0%	0.0%
Walked	0.0%	0.0%
Bicycle	0.0%	0.0%
Worked from home	3.8%	9.7%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Beloit	Lake Milton
1-unit, detached	63.1%	68.4%
1-unit, attached	1.5%	15.0%
2 to 4 units	4.2%	12.4%
5 to 19 units	6.7%	4.2%
20 or more units	0.0%	0.0%
Mobile home & other	24.5%	0.0%

Poverty & households

	Beloit	Lake Milton
Poverty rate	7.6%	8.1%
Average household size	2.21	2.38
Mean commute (minutes)	24	26
Median year structure built	1949	1965