Belmar is a somewhat small coastal borough (i.e. on the ocean, a bay, or inlet) located in the state of New Jersey. With a population of 5,846 people and six associated neighborhoods, Belmar is the 286th largest community in New Jersey.
Belmar home prices are not only among the most expensive in New Jersey, but Belmar real estate also consistently ranks among the most expensive in America.
Of important note, Belmar is also a borough of artists. Belmar has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Belmar’s character.
Also of interest is that Belmar has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Belmar telecommute to their jobs. Overall, about 16.65% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
Belmar is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
One downside of living in Belmar is that it can take a long time to commute to work. In Belmar, the average commute to work is 30.34 minutes, which is quite a bit higher than the national average.
If knowledge is power, Belmar is a pretty powerful place. 53.56% of the adults in Belmar 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 Belmar in 2022 was $78,127, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $312,508 for a family of four. However, Belmar contains both very wealthy and poor people as well.
Belmar is a somewhat ethnically-diverse borough. The people who call Belmar home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Belmar residents report their race to be White, followed by Asian. Belmar also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.35% of the borough’s residents. Important ancestries of people in Belmar include Irish, Italian, German, Polish, and English.
The most common language spoken in Belmar is English. Other important languages spoken here include Spanish and Slavic languages.