Living in Belmont, North Carolina
Cost of living, income, home prices, rent and demographics of Belmont · Census data 2020–2024
Belmont has 15,546 residents with a median age of 39.4. The median household income is $94,883 (31% higher than the North Carolina median), the median home value is $395,000, the median rent is $1,365/month.
Belmont at a glance
- Population
- 15,546
- Median age
- 39.4State: 39.1
- Median household income
- $94,883State: $72,388
- Median home value
- $395,000State: $288,900
- Median rent
- $1,365/moState: $1,228
- Homeowners
- 70.7%
- Bachelor's degree or higher
- 51.1%
- Average commute
- 27 min
Is Belmont a good place to live?
Pros: Median household income 31% higher than the North Carolina median; unemployment of 4%; a poverty rate of 7.9%.
Cons: Home values 37% higher than the state median; an average commute of 27 minutes.
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 $395,000, 19% higher than the U.S. median. Renters pay a median of $1,365 per month, which is 29.7% of household income. Homeowners with a mortgage pay $1,941 a month in housing costs.
Belmont median household income
The median household income in Belmont is $94,883 and the income per person is $59,413. 7.9% of residents live below the poverty line (North Carolina: 13%).
Housing in Belmont: homes for sale and rent
- Housing units
- 6,726
- Owner-occupied
- 70.7%
- Renter-occupied
- 29.3%
- Vacant
- 5%Includes seasonal homes
- Median year built
- 2002
- Average household size
- 2.31
Belmont demographics
- Population
- 15,546
- Median age
- 39.4
- Under 18
- 19.9%
- 65 and older
- 17.3%
- Households
- 6,387
- Foreign-born
- 6%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Belmont ›
Education in Belmont
51.1% of adults 25 and older in Belmont have a bachelor's degree or higher (North Carolina: 35.7%), and 19.2% have a graduate or professional degree.
Jobs and commute in Belmont
- Unemployment rate
- 4%State: 4.7%
- Average commute
- 27 minState: 25 min
- Work from home
- 25.6%
- Drive alone
- 66%
- Public transit
- 0%
- Walk to work
- 2.6%
- Homes with broadband
- 92.8%
Belmont vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Belmont | 15,546 | $94,883 | $395,000 | $1,365 |
| Cramerton | 5,450 | $82,160 | $343,400 | $1,364 |
| McAdenville | 1,010 | $112,083 | $377,000 | $1,125 |
| Lowell | 3,768 | $52,500 | $200,600 | $1,188 |
| Mount Holly | 18,208 | $79,385 | $337,800 | $1,256 |
| Ranlo | 4,617 | $78,033 | $200,200 | $1,811 |
| Springdale | 1,075 | $55,096 | $201,900 | $1,233 |
| Gastonia | 82,884 | $64,059 | $277,600 | $1,204 |
| Lake Wylie | 16,006 | $112,097 | $485,600 | $1,710 |
More for people moving to Belmont
Belmont ZIP code ›Weather and climate ›Living in Belmont: FAQ
What is the median household income in Belmont, NC?
The median household income in Belmont is $94,883, 31% higher than the North Carolina median of $72,388 (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 $395,000, compared with $288,900 in North Carolina.
How much is rent in Belmont?
The median gross rent in Belmont is $1,365 per month, about 29.7% of household income.
Is Belmont, NC a good place to live?
Pluses: median household income 31% higher than the North Carolina median; unemployment of 4%; a poverty rate of 7.9%. Minuses: home values 37% higher than the state median; an average commute of 27 minutes.
What is the median age in Belmont?
The median age in Belmont is 39.4 years (North Carolina: 39.1).
How long is the commute in Belmont?
The average commute to work in Belmont is 27 minutes; 25.6% of workers work from home.
What is the unemployment rate in Belmont?
The unemployment rate in Belmont is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Belmont?
51.1% 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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