Pros and Cons of Living In Belmont, Massachusetts. Is Belmont, MA a Nice Place To Live or Retire?

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Belmont, Massachusetts

Moving to Belmont In Massachusetts ? Is Belmont, MA a Nice Place To Live? Pros and Cons of Living in Belmont, Massachusetts. Find out the best and worst about to live, raise a family or retire in Belmont.

Belmont is a town in Middlesex County, Massachusetts, United States. It is a western suburb of Boston and is part of the Greater Boston metropolitan area. As of the 2020 U.S. census, its population was 27,295, an increase of 10.4% from 2010.

DEMOGRAPHICS

Population
26158
Unemployment
4.4%
6% NAT AVG.
Poverty
5.4%
61% NAT AVG.
Cost Of Living
181
81% NAT AVG.

ECONOMICS

Median Home Cost
$902500
293% NAT AVG.
Median Income
$140500
108% NAT AVG.
Median Rent
$2062
78% NAT AVG.
Overall Score
7.5

CRIME REPORT

Total Crime
198
68% NAT. AVG.
44% STATE AVG.
Violent Crime
16
84% NAT. AVG.
80% STATE AVG.
Property Crime
182
64% NAT. AVG.
34% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 19
Unemployed People
1 in 23
People Earning < $10,000
1 in 22
People Earning < $50,000
19.6%
People With Any Degree
1 in 1.3

ETHNICITY

Ethnicity Belmont USA
White 73.6% 60.1%
African American 1.1% 12.2%
American Indian 0.2% 0.6%
Asian 17.1% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.5% 2.8%
Hispanic 4.2% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Belmont USA
Less than $10,000 4.6% 5.8%
$10,000 to $14,999 1.9% 4.1%
$15,000 to $24,999 3.5% 8.5%
$25,000 to $34,999 2.8% 8.6%
$35,000 to $49,999 6.8% 12.0%
$50,000 to $74,999 7.5% 17.2%
$75,000 to $99,999 9.2% 12.8%
$100,000 to $149,999 16.5% 15.6%
$150,000 to $199,999 13.7% 7.1%

EDUCATION

Education Belmont USA
< 9th Grade 2% 5.0%
9-12th Grade 2% 7.0%
High School or GED 9% 27.0%
Other College 7% 20.0%
Associate's Degree 4% 9%
Bachelor's Degree 26% 20.0%
Master's Degree 28% 9.0%
Professional Degree 9% 2.0%
Doctorate Degree 13% 1.0%
Belmont is a city in Massachusetts state in USA with a population of 26158 residents.. The poverty rate of Belmont is 5.4%, which is 61% lower than national average. The typical household in Belmont earns $140500 a year, compared to the national median of $67,500. Nearly 19.6% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Belmont remained 4.4%, which is 6% lower than national rate.

Cost of living in Belmont is 181, which is 81% higher than national average. In Belmont, only 76% of adults have a bachelor's degree and 11% have some college but no degree. Median home value in Belmont is $902500 , which is 293% higher than national average. While median income in Belmont remained $140500, which is 108% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Belmont Scorecard

Jobs85%

Housing100%

Affordability60%

Safety85%

Amenities95%

Diversity80%

Education95%

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