Belmont is a medium-sized town located in the state of Massachusetts. With a population of 26,116 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 95.19% 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 (16.07%), teaching (11.06%), and business and financial occupations (10.45%).
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: 7.85% 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", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
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.
One downside of living in Belmont, however, is that residents on average have to contend with a long commute, spending on average 32.55 minutes every day commuting to work. It is, however, a pedestrian-friendly town. Many of its neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot. In addition, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Like elsewhere in America, most people in Belmont use a private automobile to get to work. But notably, a substantial number of Belmont‘s citizens do make use of public transit in their daily commute, primarily riding the subway. This helps more people get to work with less air pollution, and require fewer highways to get them there.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Belmont. 75.39% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Belmont in 2018 was $67,640, which is wealthy relative to Massachusetts and the nation. This equates to an annual income of $270,560 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 Irish, Italian, English, German, and Armenian.
Belmont also has a high percentage of its population that was born in another country: 24.94%.
The most common language spoken in Belmont is English. Other important languages spoken here include Chinese and Spanish.