Living in Belmont, West Virginia
Cost of living, income, home prices, rent and demographics of Belmont · Census data 2020–2024
Belmont has 983 residents with a median age of 40.7. The median household income is $49,851 (16% lower than the West Virginia median), the median home value is $152,000, the median rent is $511/month.
Belmont is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Belmont at a glance
- Population
- 983
- Median age
- 40.7State: 42.7
- Median household income
- $49,851State: $59,608
- Median home value
- $152,000State: $162,600
- Median rent
- $511/moState: $872
- Homeowners
- 72.1%
- Bachelor's degree or higher
- 12.6%
- Average commute
- 27 min
Is Belmont a good place to live?
Pros: Home values 7% lower than the state median; an average commute of 27 minutes.
Cons: Median household income 16% lower than the West Virginia median; unemployment of 7.6%; a poverty rate of 20.6%.
The weather is best in May–June and August–September.
Cost of living in Belmont
Housing is the biggest part of the cost of living. In Belmont the median home value is $152,000, 54% lower than the U.S. median. Renters pay a median of $511 per month, which is 30.5% of household income. Homeowners with a mortgage pay $966 a month in housing costs.
Belmont median household income
The median household income in Belmont is $49,851 and the income per person is $29,093. 20.6% of residents live below the poverty line (West Virginia: 16.7%).
Housing in Belmont: homes for sale and rent
- Housing units
- 387
- Owner-occupied
- 72.1%
- Renter-occupied
- 27.9%
- Vacant
- 7.2%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.58
Belmont demographics
- Population
- 983
- Median age
- 40.7
- Under 18
- 19.7%
- 65 and older
- 23.3%
- Households
- 359
- Foreign-born
- 0%
- Veterans
- 3.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Belmont ›
Education in Belmont
12.6% of adults 25 and older in Belmont have a bachelor's degree or higher (West Virginia: 24.1%), and 6.1% have a graduate or professional degree.
Jobs and commute in Belmont
- Unemployment rate
- 7.6%State: 5.4%
- Average commute
- 27 minState: 27 min
- Work from home
- 4.9%
- Drive alone
- 88.2%
- Public transit
- 0%
- Walk to work
- 3.8%
- Homes with broadband
- 84.7%
Belmont vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Belmont | 983 | $49,851 | $152,000 | $511 |
| Newport | 1,180 | $91,898 | $208,200 | — |
| St. Marys | 2,174 | $63,547 | $147,300 | $771 |
| Reno | 1,040 | $43,786 | $213,800 | $764 |
| Waverly | 361 | $68,507 | $271,200 | — |
| Marietta | 13,203 | $47,873 | $161,800 | $861 |
| Williamstown | 2,980 | $89,013 | $182,500 | $839 |
| Boaz | 1,400 | $72,560 | $244,500 | $1,292 |
| Devola | 2,688 | $99,702 | $235,800 | $977 |
More for people moving to Belmont
Belmont ZIP code ›Weather and climate ›Living in Belmont: FAQ
What is the median household income in Belmont, WV?
The median household income in Belmont is $49,851, 16% lower than the West Virginia median of $59,608 (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 $152,000, compared with $162,600 in West Virginia.
How much is rent in Belmont?
The median gross rent in Belmont is $511 per month, about 30.5% of household income.
Is Belmont, WV a good place to live?
Pluses: home values 7% lower than the state median; an average commute of 27 minutes. Minuses: median household income 16% lower than the West Virginia median; unemployment of 7.6%; a poverty rate of 20.6%.
What is the median age in Belmont?
The median age in Belmont is 40.7 years (West Virginia: 42.7).
How long is the commute in Belmont?
The average commute to work in Belmont is 27 minutes; 4.9% of workers work from home.
What is the unemployment rate in Belmont?
The unemployment rate in Belmont is 7.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Belmont?
12.6% 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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