Belmont, CA
Population 27,505 · California
About Belmont, CA
Belmont is a mid-sized city located in California with a population of 27,505 residents according to the latest US Census Bureau American Community Survey data. The median household income is $207,609 per year, which is 176% above the national median of $75,149. The median age of 40.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Belmont features a median home value of $2,000,001, which is 717% above the national median of $244,900. This places Belmont in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,894, 149% above the national average of $1,163/month. Of the 11,227 total housing units, 56% are owner-occupied (5,894 units) and 44% are renter-occupied (4,634 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Belmont shows an unemployment rate of 6.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Belmont have an average one-way commute time of 29.5 minutes.
Education & Demographics
68.9% of Belmont residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 5.6% White, 1.1% Hispanic or Latino, 0.3% Black or African American, and 7.7% Asian residents, with 31.2% of the population being foreign-born.
Cost of Living in Belmont, CA
Compared to national averages, Belmont has a median household income of $207,609 (176% above the national median of $75,149). Home values average $2,000,001, which is 717% above the national median. Monthly rent at $2,894 is 149% above the US average of $1,163. Within California, Belmont's income is 112% above the state average of $97,829, and home values are 206% above the state median of $653,874.
Why Live in Belmont, CA?
Belmont offers a strong local economy with a median household income of $207,609, well above the national average, and a well-educated community where 68.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $2,000,001. However, Belmont’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Belmont has a population of 27,505 with a median age of 40.4 years. Compare Belmont with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Belmont
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lemon Grove | 27,489 | $79,278 | $640,600 | Compare |
| Walnut | 27,857 | $133,762 | $972,500 | Compare |
| Lemoore | 27,023 | $82,189 | $319,200 | Compare |
| Brawley | 26,934 | $60,370 | $270,100 | Compare |
| Ridgecrest | 28,138 | $88,107 | $235,800 | Compare |
| Benicia | 26,861 | $125,040 | $778,600 | Compare |
| Sanger | 26,515 | $74,428 | $346,000 | Compare |
| Temescal Valley | 28,560 | $119,647 | $648,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in California
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Belmont With Other Cities
Frequently Asked Questions about Belmont
What is the population of Belmont, CA?
The population of Belmont, CA is 27,505 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in California.
What is the median household income in Belmont?
The median household income in Belmont, CA is $207,609 per year, which is 176% above the national median of $75,149.
What is the median home value in Belmont?
The median home value in Belmont, CA is $2,000,001, which is 717% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Belmont?
The median monthly rent in Belmont, CA is $2,894, which is 149% above the national average of $1,163/month.
What is the unemployment rate in Belmont?
The unemployment rate in Belmont, CA is 6.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Belmont, CA a good place to live?
Belmont offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 27,505 and a median age of 40.4, the city appeals to a broad range of residents.
How educated is Belmont, CA?
68.9% of residents in Belmont aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Belmont?
Key cost-of-living indicators for Belmont, CA: median home value is $2,000,001 (717% above national), median rent is $2,894/month, and median household income is $207,609. The home-value-to-income ratio is 9.6x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Belmont?
The poverty rate in Belmont, CA is 6.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Belmont, CA?
Belmont's population is 5.6% White, 1.1% Hispanic or Latino, 0.3% Black or African American, 7.7% Asian, and 1.5% two or more races. 31.2% of residents are foreign-born.