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Belmont, Virginia

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
9,729
Population
$242,542
Median Income
$846,300
Home Value
42.7
Median Age

Demographics

Belmont has a population of 9,729 with a median age of 42.7. Here is the racial and ethnic breakdown of the population:

White
53.7%
Asian
25.3%
Hispanic
9.5%
Other
6.8%
Black
4.7%
Demographic Value
Total Population9,729
Median Age42.7
White53.7%
Black or African American4.7%
Asian25.3%
Hispanic or Latino9.5%
Other / Two or More Races6.8%
Belmont, Virginia — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 53.7%Asian: 25.3%Hispanic/Latino: 9.5%Other: 6.8%Black: 4.7%9,729PopulationWhiteWhite53.7%AsianAsian25.3%Hispanic/LatinoHispanic/Latino9.5%OtherOther6.8%BlackBlack4.7%

Income & Economy

The median household income in Belmont is $242,542, which is 200.9% above the national median of $80,610. The per capita income is $92,010. The poverty rate is 2.1%.

$242,542
Median Household Income
$92,010
Per Capita Income
2.1%
Poverty Rate

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Education

In Belmont, 97.7% of residents age 25+ have a high school diploma or higher, and 76.6% hold a bachelor's degree or higher (35.5% with a graduate or professional degree).

HS Diploma+
97.7%
Bachelor's+
76.6%
Graduate+
35.5%
Education Level % of Adults (25+)
High School Diploma or Higher97.7%
Bachelor's Degree or Higher76.6%
Graduate or Professional Degree35.5%

Housing

The median home value in Belmont is $846,300, above the national median of $303,400. The median monthly rent is $2,825. The homeownership rate is 87.5%.

$846,300
Median Home Value
$2,825/mo
Median Rent
87.5%
Homeownership Rate
Housing Metric Value
Median Home Value$846,300
Median Monthly Rent$2,825
Homeownership Rate87.5%

Salaries in Virginia

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Frequently Asked Questions

What is the population of Belmont, Virginia?
The population of Belmont, Virginia is 9,729 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Belmont, Virginia?
The median household income in Belmont, Virginia is $242,542. This is 200.9% above the national median of $80,610.
What is the median home value in Belmont, Virginia?
The median home value in Belmont, Virginia is $846,300. The median monthly rent is $2,825.
What percentage of people in Belmont have a college degree?
In Belmont, Virginia, 76.6% of adults age 25 and older hold a bachelor's degree or higher, and 97.7% have a high school diploma or higher.
Is Belmont, Virginia an affordable place to live?
The home price-to-income ratio in Belmont, Virginia is 3.5x (median home value $846,300 vs. median income $242,542), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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