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CITY · 2020 ACS

Belmont

New York · 856 residents · 0.996 sq mi
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The short version

Belmont has lower-than-average household income, with a median household income of $53,021. Population has declined 10% since 2000. Median home value is $74,100. Households here earn about 25% less than the New York median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 42.8
US median: 38.8
Average education
30% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
856
−10%since 2000
from 952 in 2000
1990 – 2025
Population density
859 / sq mi
−10%since 2000
from 956 / sq mi in 2000
US average: 280
Median age
42.8
+14%since 2000
from 37.7 in 2000
US average: 38.8
Population, 1990 – 2024
7798649491K1K1990201020202024Belmont
2024955
1990201020202024
Section 02

Income & economy

Median household income
$53,021
+19%inflation adjusted, since 2000
from $29,545 in 2000
US average: $66,278
1990 – 2024
Per capita income
$28,769
+103%since 2000
from $14,149 in 2000
US average: $35,364
Households earning $100K+
36.3%
+20.5 ptssince 2009
from 15.9% in 2009
US average: 43.9%
Poverty rate
14.3%
+1.7 ptssince 2000
from 12.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade18.7%
US avg: 10%
Other services10.6%
US avg: 6.6%
Public administration9.8%
US avg: 4.7%
Wholesale trade3.9%
US avg: 6.7%
Information3.9%
US avg: 11.1%
Agriculture, forestry, fishing2.1%
US avg: 1.7%
Construction2.1%
US avg: 1.2%
Transportation & warehousing0.5%
US avg: 2.5%
Manufacturing0%
US avg: 0.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$74,100
−3%inflation adjusted, since 2000
from $50,900 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$573
−6%inflation adjusted, since 2000
from $405 in 2000
US average: $1,124
Owner-occupied
61.1%
−2.4 ptssince 2000
from 63.5% in 2000
38.9% rent
Afford Score
1.4
−19%since 2000
from 1.7 in 2000
1990 – 2024
RELATED:See current rent listings in Belmont on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.3%(907)
Black0.9%(9)
Hispanic / Latino1.1%(10)
Asian0.1%(1)
Other0%
Diversity Score5.3%(51)
2020
White, non-Hispanic92.3%(790)
Black1.8%(15)
Hispanic / Latino1.8%(15)
Asian0%(0)
Other0%(0)
Diversity Score8.9%(76)
Diversity Score
9
+68%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
30.2%
+13.7 ptssince 2000
from 16.5% in 2000
US average: 32.9%
High school or higher
93.4%
+11.0 ptssince 2000
from 82.4% in 2000
US average: 88.5%
Graduate degree
14.2%
+7.6 ptssince 2000
from 6.6% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.6 min
+59%since 2000
from 15.4 min in 2000
US average: 26.9
Drive alone to work
75.1%
+1.0 ptssince 2009
from 74.2% in 2009
US average: 75.1%
No vehicle available
6.5%
−2.9 ptssince 2009
from 9.4% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.8%
−7.5 ptssince 2011
from 9.3% in 2011
US average: 5.4%
Labor force participation
61.8%
+5.2 ptssince 2011
from 56.6% in 2011
US average: 63.4%
Management & professional
49.5%
−10.5 ptssince 2009
from 59.9% in 2009
US average: 39.3%
Section 08

People & community

Male
49.1%
−2.4 ptssince 2009
from 51.4% in 2009
Female
50.9%
+2.4 ptssince 2009
from 48.6% in 2009
Foreign born
0.9%
+0.2 ptssince 2009
from 0.7% in 2009
US average: 13.5%
Uninsured
0.4%
−92.8 ptssince 2013
from 93.2% in 2013
US average: 8.8%
Drill deeper

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Compare Belmont to nearby cities

BELMONT VS
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Income$47,385−11%
Home value$94,500+28%
Population8,024+871%
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BELMONT VS
Olean
Income$51,261−3%
Home value$86,100+16%
Population13,508+1535%
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BELMONT VS
Corning
Income$61,760+16%
Home value$158,400+114%
Population10,514+1173%
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BELMONT VS
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Income$112,292+112%
Home value$248,600+235%
Population9,840+1091%
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Frequently asked

How many people live in Belmont, New York?

Belmont, New York has about 856 residents according to the 2020 American Community Survey.

What is the median household income in Belmont, New York?

The typical household in Belmont, New York earns about $53,021 a year. Half of households make more than that, and half make less.

Is Belmont, New York expensive?

In Belmont, New York, the median home is worth about $74,100, and the typical rent is about $573 a month.

How educated are people in Belmont, New York?

About 30.2% of adults age 25 and over in Belmont, New York hold a bachelor's degree or higher.

What is the poverty rate in Belmont, New York?

About 14.3% of people in Belmont, New York live below the federal poverty line.

Has Belmont, New York grown since 1990?

Yes, Belmont, New York has shrunk since 1990. The population has lost about 150 residents, a change of about -15 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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