Living in Belmont, California

Cost of living, income, home prices, rent and demographics of Belmont · Census data 2020–2024

Belmont has 27,337 residents with a median age of 39.8. The median household income is $205,297 (107% higher than the California median), the median home value is $2,000,001, the median rent is $2,875/month.

Belmont at a glance

Population
27,337
Median age
39.8State: 37.9
Median household income
$205,297State: $99,122
Median home value
$2,000,001State: $734,700
Median rent
$2,875/moState: $2,036
Homeowners
54.8%
Bachelor's degree or higher
69.7%
Average commute
29 min

Is Belmont a good place to live?

Pros: Median household income 107% higher than the California median; an average commute of 29 minutes; a poverty rate of 6.9%.

Cons: Home values 172% higher than the state median; unemployment of 7.2%.

The weather is best in June to September.

Cost of living in Belmont

Housing is the biggest part of the cost of living. In Belmont the median home value is $2,000,001, 501% higher than the U.S. median. Renters pay a median of $2,875 per month, which is 26.3% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

Belmont$2,000,001
California$734,700
United States$332,700

Median monthly rent

Belmont$2,875
California$2,036
United States$1,413

Belmont median household income

The median household income in Belmont is $205,297 and the income per person is $101,385. 6.9% of residents live below the poverty line (California: 12%).

Median household income

Belmont$205,297
California$99,122
United States$80,734

Housing in Belmont: homes for sale and rent

Housing units
11,346
Owner-occupied
54.8%
Renter-occupied
45.2%
Vacant
7.5%Includes seasonal homes
Median year built
1966
Average household size
2.53

Belmont demographics

Population
27,337
Median age
39.8
Under 18
23.7%
65 and older
13.9%
Households
10,500
Foreign-born
30.7%
Veterans
3.5%Adults 18+

Race and ethnicity

White48.6%
Hispanic or Latino13.1%
Black2.7%
Asian30.7%

Hispanic or Latino can be of any race. Population history of Belmont ›

Education in Belmont

69.7% of adults 25 and older in Belmont have a bachelor's degree or higher (California: 37.1%), and 34.8% have a graduate or professional degree.

Bachelor's degree or higher

Belmont69.7%
California37.1%
United States35.7%

Jobs and commute in Belmont

Unemployment rate
7.2%State: 6.6%
Average commute
29 minState: 29 min
Work from home
33.7%
Drive alone
52.2%
Public transit
4.7%
Walk to work
2%
Homes with broadband
96.6%

Belmont vs nearby towns

TownPopulationMedian incomeHome valueRent
Belmont27,337$205,297$2,000,001$2,875
San Carlos29,614$237,470$2,000,001$2,854
Baywood Park1,580$217,206$2,000,001$3,501
Highlands2,450$250,001$2,000,001$3,501
San Mateo103,105$153,504$1,618,700$3,077
Emerald Lake Hills4,235$250,001$2,000,001$3,501
Foster City32,792$199,143$1,838,200$3,501
Redwood City82,447$157,814$1,801,700$2,968
Hillsborough11,099$250,001$2,000,001$3,501

More for people moving to Belmont

Belmont ZIP code ›Weather and climate ›

Living in Belmont: FAQ

What is the median household income in Belmont, CA?

The median household income in Belmont is $205,297, 107% higher than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Belmont?

The median home value in Belmont is $2,000,001, compared with $734,700 in California.

How much is rent in Belmont?

The median gross rent in Belmont is $2,875 per month, about 26.3% of household income.

Is Belmont, CA a good place to live?

Pluses: median household income 107% higher than the California median; an average commute of 29 minutes; a poverty rate of 6.9%. Minuses: home values 172% higher than the state median; unemployment of 7.2%.

What is the median age in Belmont?

The median age in Belmont is 39.8 years (California: 37.9).

How long is the commute in Belmont?

The average commute to work in Belmont is 29 minutes; 33.7% of workers work from home.

What is the unemployment rate in Belmont?

The unemployment rate in Belmont is 7.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Belmont?

69.7% of adults in Belmont have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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