Living in Belmont, Mississippi

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

Belmont has 2,028 residents with a median age of 38.3. The median household income is $46,512 (18% lower than the Mississippi median), the median home value is $163,200, the median rent is $765/month.

Belmont at a glance

Population
2,028
Median age
38.3State: 38.6
Median household income
$46,512State: $56,447
Median home value
$163,200State: $169,800
Median rent
$765/moState: $954
Homeowners
67.2%
Bachelor's degree or higher
12.7%
Average commute
26 min

Is Belmont a good place to live?

Pros: Home values 4% lower than the state median; an average commute of 26 minutes; unemployment of 1.7%; a poverty rate of 16.6%.

Cons: Median household income 18% lower than the Mississippi median.

The weather is best in April–May and September–October.

Cost of living in Belmont

Housing is the biggest part of the cost of living. In Belmont the median home value is $163,200, 51% lower than the U.S. median. Renters pay a median of $765 per month, which is 51% of household income. Homeowners with a mortgage pay $1,205 a month in housing costs.

Median home value

Belmont$163,200
Mississippi$169,800
United States$332,700

Median monthly rent

Belmont$765
Mississippi$954
United States$1,413

Belmont median household income

The median household income in Belmont is $46,512 and the income per person is $27,638. 16.6% of residents live below the poverty line (Mississippi: 18.9%).

Median household income

Belmont$46,512
Mississippi$56,447
United States$80,734

Housing in Belmont: homes for sale and rent

Housing units
1,057
Owner-occupied
67.2%
Renter-occupied
32.8%
Vacant
13.2%Includes seasonal homes
Median year built
1975
Average household size
2.21

Belmont demographics

Population
2,028
Median age
38.3
Under 18
28.6%
65 and older
12.1%
Households
918
Foreign-born
11.3%
Veterans
5.3%Adults 18+

Race and ethnicity

White82.6%
Hispanic or Latino13.8%
Black0%
Asian1.9%

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

Education in Belmont

12.7% of adults 25 and older in Belmont have a bachelor's degree or higher (Mississippi: 25.1%), and 5.4% have a graduate or professional degree.

Bachelor's degree or higher

Belmont12.7%
Mississippi25.1%
United States35.7%

Jobs and commute in Belmont

Unemployment rate
1.7%State: 5.8%
Average commute
26 minState: 26 min
Work from home
1.2%
Drive alone
81.9%
Public transit
0%
Walk to work
0.3%
Homes with broadband
70.4%

Belmont vs nearby towns

TownPopulationMedian incomeHome valueRent
Belmont2,028$46,512$163,200$765
Golden196$47,050$112,500$770
Red Bay3,201$37,473$108,200$542
Tishomingo394$39,432$102,200$517
Paden131$51,042$75,000$442
Vina358$44,167$57,000$679
Marietta195$47,396$120,800$400
Kirkville356$48,899$13,300—
Tremont349$35,662—$920

More for people moving to Belmont

Belmont ZIP code ›Weather and climate ›

Living in Belmont: FAQ

What is the median household income in Belmont, MS?

The median household income in Belmont is $46,512, 18% lower than the Mississippi median of $56,447 (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 $163,200, compared with $169,800 in Mississippi.

How much is rent in Belmont?

The median gross rent in Belmont is $765 per month, about 51% of household income.

Is Belmont, MS a good place to live?

Pluses: home values 4% lower than the state median; an average commute of 26 minutes; unemployment of 1.7%; a poverty rate of 16.6%. Minuses: median household income 18% lower than the Mississippi median.

What is the median age in Belmont?

The median age in Belmont is 38.3 years (Mississippi: 38.6).

How long is the commute in Belmont?

The average commute to work in Belmont is 26 minutes; 1.2% of workers work from home.

What is the unemployment rate in Belmont?

The unemployment rate in Belmont is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Belmont?

12.7% 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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