Belmont, WV
Population 853 · West Virginia
About Belmont, WV
Belmont is a small community located in West Virginia with a population of 853 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,750 per year, which is 19% below the national median of $75,149. The median age of 46.1 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 $119,800, which is 51% below the national median of $244,900. This makes Belmont one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $613, 47% below the national average of $1,163/month. Of the 356 total housing units, 77% are owner-occupied (257 units) and 23% are renter-occupied (75 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Belmont shows an unemployment rate of 6.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Belmont have an average one-way commute time of 23.6 minutes.
Education & Demographics
14.1% of Belmont residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.2% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Belmont Ranks in West Virginia
Cost of Living in Belmont, WV
Compared to national averages, Belmont has a median household income of $60,750 (19% below the national median of $75,149). Home values average $119,800, which is 51% below the national median. Monthly rent at $613 is 47% below the US average of $1,163. Within West Virginia, Belmont's income is 12% above the state average of $54,014, and home values are 7% below the state median of $128,301.
Why Live in Belmont, WV?
Belmont offers affordable housing with a median home value of $119,800, below the US average of $244,900, and rent that’s lower than the national average at $613/month, and a low poverty rate of 7.9%, better than the national average. Additionally, the city features short commute times averaging just 23.6 minutes.
Potential considerations include median household income ($60,750) 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 853 with a median age of 46.1 years. Compare Belmont with other cities to see how it stacks up, or explore all cities in West Virginia.
Similar Cities Near Belmont
Cities in West Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gary | 858 | $40,000 | $55,600 | Compare |
| Mason | 863 | $47,112 | $91,900 | Compare |
| McConnell | 837 | $27,935 | $91,700 | Compare |
| Great Cacapon | 836 | $44,267 | $112,500 | Compare |
| Piedmont | 872 | $44,792 | $44,500 | Compare |
| Triadelphia | 885 | $55,208 | $91,000 | Compare |
| Smithers | 891 | $32,237 | $72,800 | Compare |
| Middlebourne | 895 | $62,083 | $117,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in West Virginia
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, WV?
The population of Belmont, WV is 853 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in West Virginia.
What is the median household income in Belmont?
The median household income in Belmont, WV is $60,750 per year, which is 19% below the national median of $75,149.
What is the median home value in Belmont?
The median home value in Belmont, WV is $119,800, which is 51% 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, WV is $613, which is 47% below the national average of $1,163/month.
What is the unemployment rate in Belmont?
The unemployment rate in Belmont, WV is 6.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Belmont, WV a good place to live?
Belmont offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 853 and a median age of 46.1, the city appeals to established professionals and retirees.
How educated is Belmont, WV?
14.1% of residents in Belmont aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Belmont?
Key cost-of-living indicators for Belmont, WV: median home value is $119,800 (51% below national), median rent is $613/month, and median household income is $60,750. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Belmont?
The poverty rate in Belmont, WV is 7.9%, 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, WV?
Belmont's population is 0.2% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.