Belmont, MA
Population 27,009 · Massachusetts
About Belmont, MA
Belmont is a mid-sized city in Massachusetts with a population of 27,009 residents. The median household income is $178,188 per year, which is above the national average. The median age in Belmont is 42.4 years.
Housing in Belmont has a median home value of $1,108,800 and median monthly rent of $2,387. Of the 10,833 total housing units, the majority are owner-occupied, with 6,654 owner-occupied and 3,704 renter-occupied units.
The unemployment rate in Belmont is 4.5% and the poverty rate is 3.5%. 80.2% of residents hold a bachelor's degree or higher. The average commute time is 29.5 minutes.
How Belmont Ranks in Massachusetts
Cost of Living in Belmont, MA
Compared to national averages, Belmont has a median household income of $178,188 (137% above the national median of $75,149). Home values average $1,108,800, which is 353% above the national median. Monthly rent at $2,387 is 105% above the US average of $1,163. Within Massachusetts, Belmont's income is 69% above the state average of $105,630, and home values are 98% above the state median of $561,296.
Why Live in Belmont, MA?
Belmont offers a strong local economy with a median household income of $178,188, well above the national average, and a well-educated community where 80.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,108,800. However, Belmont’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Belmont has a population of 27,009 with a median age of 42.4 years. Compare Belmont with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Belmont
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wakefield | 27,284 | $130,320 | $670,100 | Compare |
| Burlington | 26,223 | $142,207 | $679,400 | Compare |
| Milford | 27,919 | $88,992 | $429,800 | Compare |
| Danvers | 27,924 | $117,072 | $611,200 | Compare |
| Milton | 28,481 | $178,053 | $896,500 | Compare |
| Agawam Town | 28,510 | $82,359 | $290,000 | Compare |
| Reading | 25,448 | $163,725 | $741,100 | Compare |
| Saugus | 28,599 | $100,819 | $589,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Massachusetts
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Belmont
What is the population of Belmont, MA?
The population of Belmont, MA is 27,009 according to the latest Census data.
What is the median household income in Belmont?
The median household income in Belmont, MA is $178,188 per year.
What is the median home value in Belmont?
The median home value in Belmont, MA is $1,108,800.
What is the average rent in Belmont?
The median monthly rent in Belmont, MA is $2,387.
What is the unemployment rate in Belmont?
The unemployment rate in Belmont, MA is 4.5%.