Belmont, PA
Population 2,624 · Pennsylvania
About Belmont, PA
Belmont is a small town located in Pennsylvania with a population of 2,624 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,132 per year, which is 24% below the national median of $75,149. The median age of 47.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Belmont features a median home value of $148,600, which is 39% below the national median of $244,900. This positions Belmont in a moderately priced market relative to the rest of the country. Median monthly rent is $693, 40% below the national average of $1,163/month. Of the 1,304 total housing units, 67% are owner-occupied (818 units) and 33% are renter-occupied (394 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Belmont shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Belmont have an average one-way commute time of 20.3 minutes.
Education & Demographics
34.3% of Belmont residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.5% Hispanic or Latino, 4.2% Black or African American, and 0.0% Asian residents, with 0.5% of the population being foreign-born.
Cost of Living in Belmont, PA
Compared to national averages, Belmont has a median household income of $57,132 (24% below the national median of $75,149). Home values average $148,600, which is 39% below the national median. Monthly rent at $693 is 40% below the US average of $1,163. Within Pennsylvania, Belmont's income is 22% below the state average of $73,376, and home values are 22% below the state median of $190,903.
Why Live in Belmont, PA?
Belmont offers affordable housing with a median home value of $148,600, below the US average of $244,900, and rent that’s lower than the national average at $693/month, and a strong job market with an unemployment rate of just 2.5%. Additionally, the city features a well-educated community where 34.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 10.6%, better than the national average, and short commute times averaging just 20.3 minutes.
Potential considerations include median household income ($57,132) that falls below the national average. However, Belmont’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Belmont has a population of 2,624 with a median age of 47.4 years. Compare Belmont with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Belmont
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| New Hope | 2,623 | $158,929 | $633,800 | Compare |
| Reynoldsville | 2,622 | $46,433 | $89,000 | Compare |
| Leith-Hatfield | 2,621 | $107,206 | $315,500 | Compare |
| West Newton | 2,630 | $47,250 | $130,300 | Compare |
| McAdoo | 2,617 | $45,239 | $84,800 | Compare |
| Derry | 2,616 | $49,051 | $122,200 | Compare |
| Dillsburg | 2,638 | $80,977 | $206,100 | Compare |
| Rockledge | 2,609 | $82,708 | $295,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
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, PA?
The population of Belmont, PA is 2,624 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Pennsylvania.
What is the median household income in Belmont?
The median household income in Belmont, PA is $57,132 per year, which is 24% below the national median of $75,149.
What is the median home value in Belmont?
The median home value in Belmont, PA is $148,600, which is 39% below 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, PA is $693, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Belmont?
The unemployment rate in Belmont, PA is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Belmont, PA a good place to live?
Belmont offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,624 and a median age of 47.4, the city appeals to established professionals and retirees.
How educated is Belmont, PA?
34.3% 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, PA: median home value is $148,600 (39% below national), median rent is $693/month, and median household income is $57,132. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Belmont?
The poverty rate in Belmont, PA is 10.6%, 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, PA?
Belmont's population is 0.0% White, 0.5% Hispanic or Latino, 4.2% Black or African American, 0.0% Asian, and 2.0% two or more races. 0.5% of residents are foreign-born.