Belmont is a medium-sized city located in the state of North Carolina. With a population of 15,515 people and seven associated neighborhoods, Belmont is the 74th largest community in North Carolina. Much of the housing stock in Belmont was built relatively recently. The construction of new real estate can often be taken as an indication that the local Belmont economy is robust, and that jobs or other amenities are attracting an influx of new residents. 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.
Being a small city, Belmont does not have a public transit system used by locals to get to and from work.
The education level of Belmont ranks among the highest in the nation. Of the 25-and-older adult population in Belmont, 45.73% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate 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.