Is 500 Elo good in chess?

I'm curious, is a rating of 500 Elo considered good in the world of chess? For those who are new to the game, Elo is a system used to measure the skill level of players. It's a numerical representation of a player's ability, with higher numbers indicating greater proficiency. So, for someone who's just starting out or is still relatively inexperienced, would a 500 Elo rating be something to be proud of, or is it more of a beginner's level? I'd love to hear your thoughts on this.