Belmont is a medium-sized city located in the state of North Carolina. With a population of 15,010 people and seven constituent neighborhoods, Belmont is the 74th largest community in North Carolina. Belmont has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Belmont, where the median household income is $73,968.00.
Belmont real estate is some of the most expensive in North Carolina, although Belmont house values don't compare to the most expensive real estate in the U.S.
Belmont is a decidedly white-collar city, with fully 85.82% 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 (15.34%), sales jobs (11.85%), and office and administrative support (9.49%).
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.
Telecommuters are a relatively large percentage of the workforce: 8.73% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
Belmont is one of the most well-educated cities in the nation. 42.08% of adults in Belmont have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Belmont in 2018 was $41,315, which is wealthy relative to North Carolina and the nation. This equates to an annual income of $165,260 for a family of four. However, Belmont contains both very wealthy and poor people as well.
Belmont is a very 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 Black or African-American. Important ancestries of people in Belmont include German, English, Irish, Scots-Irish, and European.
The most common language spoken in Belmont is English. Other important languages spoken here include Spanish and Vietnamese.