Belmont is a medium-sized town located in the state of Massachusetts. With a population of 26,171 people and eight constituent neighborhoods, Belmont is the 75th largest community in Massachusetts. Much of the housing stock in Belmont was built prior to World War II, making it one of the older and more historic towns in the country.
Belmont home prices are not only among the most expensive in Massachusetts, but Belmont real estate also consistently ranks among the most expensive in America.
Belmont is a decidedly white-collar town, with fully 93.95% of the workforce employed in white-collar jobs, well above the national average. Overall, Belmont is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Belmont who work in management occupations (15.74%), teaching (10.81%), and business and financial occupations (10.49%).
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.
And if you like science, one thing you'll find is that Belmont has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too.
Of important note, Belmont is also a town of artists. Belmont has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Belmont’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.48% 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.
In addition, Belmont is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Because of many things, Belmont is a great place for families with children to consider. First of all, many other families with children live here, making Belmont a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Belmont has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Belmont’s overall crime rate is lower than average for the country.
In Belmont, however, the average commute to work is quite long. On average, people spend 30.67 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit. In addition, the town is also quite pedestrian-friendly, because many neighborhoods are very dense and have amenities close enough together that people find it feasible to get around on foot.
For the size of the town, public transportation in Belmont is quite heavily used. Mostly, people who use it for their daily commute are taking the bus. For Belmont, the benefits are reduced air pollution and congestion on the highways.
If knowledge is power, Belmont is a pretty powerful place. 73.37% of the adults in Belmont have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Belmont in 2010 was $60,029, which is wealthy relative to Massachusetts and the nation. This equates to an annual income of $240,116 for a family of four.
Belmont is a very ethnically-diverse town. 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. Important ancestries of people in Belmont include Italian, English, German, and Armenian.
In addition, Belmont has a lot of people living here who were born outside of the US (21.28%).
The most common language spoken in Belmont is English. Other important languages spoken here include Chinese and Spanish.