Most Expensive Belmont Neighborhoods
Belmont is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of California. With a population of 27,073 people and five constituent neighborhoods, Belmont is the 269th largest community in California.
Belmont home prices are not only among the most expensive in California, but Belmont real estate also consistently ranks among the most expensive in America.
Belmont is a decidedly white-collar city, with fully 93.44% of the workforce employed in white-collar jobs, well above the national average. Overall, Belmont is a city of professionals, managers and sales and office workers. There are especially a lot of people living in Belmont who work in management occupations (18.52%), computer science and math (10.83%) and office and administrative support (10.10%).
Also of interest is that Belmont has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.47% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
One of the nice things about Belmont is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
For the size of the city, public transportation in Belmont is quite heavily used. Mostly, people who use it for their daily commute are taking the train. For Belmont, the benefits are reduced air pollution and congestion on the highways.
Do you like to read, write and learn? If you move to Belmont, you'll likely find that many of your neighbors like to as well. Belmont is one of the more educated communities in America, with a full 57.54% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Belmont in 2010 was $56,302, which is wealthy relative to California and the nation. This equates to an annual income of $225,208 for a family of four.
Belmont is an extremely ethnically-diverse city. The people who call Belmont home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Belmont residents report their race to be White, followed by Asian. Belmont also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 12.83% of the city’s residents. Important ancestries of people in Belmont include German, Irish, English, Italian, European and French.
In addition, Belmont has a lot of people living here who were born outside of the US (28.66%).
The languages spoken by people in Belmont are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Belmont is English. Other important languages spoken here include Spanish, Chinese, Russian and Tagalog.
|NUMBER OF HOMES AND APARTMENTS||10,493|
|BELMONT HOME OWNERSHIP|
|% OWNER OCCUPIED||59.57%|
|% RENTER OCCUPIED||40.43%|
|TYPE OF BELMONT HOMES|
|SINGLE FAMILY DETACHED||59.49%|
|ROWHOUSES AND ATTACHED HOMES||4.82%|
|SMALL APARTMENT BUILDINGS||3.35%|
|COMPLEXES OR HIGH RISE APARTMENTS||32.34%|
|SIZE OF BELMONT HOMES|
|5 OR MORE BEDROOMS||4.42%|
|AGE OF BELMONT HOMES|
|NEWER HOMES (2000 OR LATER)||1.70%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||29.08%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||65.80%|
|HISTORIC (1939 OR BEFORE)||3.42%|
|BELMONT REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$1,394,275|
|MEDIAN RENTAL PRICE||$2,183|
|HOME VALUE RANGE|
|$0 - $79,000||0.13%|
|$79,001 - $158,000||0.82%|
|$158,001 - $316,000||0.97%|
|$316,001 - $474,000||1.90%|
|$474,001 - $632,000||1.77%|
|$632,001 - $790,000||1.38%|
|$790,001 - $1,185,000||17.03%|
|$1,185,001 - $1,580,000||40.48%|
|PEOPLE OF BELMONT||DETAILS|
|UNDER 5 YEARS||6.92%|
|5 TO 17||14.78%|
|18 TO 24||6.92%|
|25 TO 34||11.26%|
|35 TO 54||31.90%|
|55 TO 64||13.06%|
|65 YEARS AND OVER||15.17%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||95.38%|
|MEDIAN HOUSEHOLD INCOME||$106,287|
|PER CAPITA INCOME||$56,302|
|INDIVIDUALS BELOW POVERTY LEVEL||5.79%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (20.15%)
Information Technology (6.01%)
Public Service (3.30%)
Real estate (2.45%)
|BLACK OR AFRICAN AMERICAN||2.53%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.19%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.09%|
|SOME OTHER RACE ALONE||3.34%|
|TWO OR MORE RACES||6.44%|
|HISPANIC OR LATINO (OF ANY RACE)||12.83%|
|ETHNICITIES PRESENT||German (11.20%)
|LANGUAGES SPOKEN||English (65.70%)
Other Asian languages (1.38%)
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