Belmont is a medium-sized city located in the state of North Carolina. With a population of 15,353 people and seven associated 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 $84,274.00.
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.
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: 18.04% 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.
Belmont is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
The citizens of Belmont are among the most well-educated in the nation: 45.73% of adults in Belmont have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Belmont in 2022 was $52,690, which is wealthy relative to North Carolina and the nation. This equates to an annual income of $210,760 for a family of four. However, Belmont contains both very wealthy and poor people as well.
Belmont is a somewhat 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, Irish, English, Italian, and Scots-Irish.
The most common language spoken in Belmont is English. Other important languages spoken here include Spanish and Chinese.