10-MILE MARKET REPORT

2017 Beloit Business Update 

Economic strength and community prosperity are by-products of business and consumer confidence in the trade area they call home. The 2017 Beloit Business Update was developed to share the background and market trends critical to the prosperity of the Beloit trade area. The report includes a unique approach to examining trade area performance that begins by pinpointing the Beloit city center and then incorporates business data and retail household information inside a 10-mile radius from that center. The resulting analysis provides business owners and community leaders with a unique perspective of market conditions and potential to assist with their planning and development activities. The radius market approach leverages the convenience orientation embedded in consumer decision-making and clarifies opportunities based on geographic advantages. Enjoy the journey through charts, graphs and illustrations validating the prosperity of Beloit, Wisconsin. 

Overview

The purpose of this 10-Mile Market Report is to provide a backdrop for economic trends and business opportunities in Beloit, Wisconsin. The report was compiled using government and demographic company data for a radius market anchored from the Market center of Beloit.