Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.8 yrs |
|---|---|
| Avg HH Size | 2.60 |
| Below Poverty | 7.1% ▼ 29% below avg |
| College Grads | 54.6% ▲ 41% above avg |
| Unemployment | 3.4% ▼ 31% below avg |
| No HS Diploma | 69 (0.9%) |
| HS Graduate | 1,615 (21.5%) |
| Some College | 528 (7%) |
| Associates | 1,200 (16%) |
| Bachelors | 568 (7.6%) |
| Graduate Degree | 3,538 (47.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $104,618 ▲ 37% above avg |
|---|---|
| Median Home Value | $340,700 ▲ 22% above avg |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $1,068/mo |
| Total Housing Units | 4,207 |
| Vacant Units | 52 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Belmont is a city in Michigan, located in Kent County. The city spans 1 ZIP code and is home to approximately 10,806 residents. It is a middle-aged city, with a median age of 44.8 years.
Economically, Belmont is a upper-middle-income community. The median household income of $104,618 is above the national average. Approximately 7.1% of residents live below the poverty line. The unemployment rate is 3.4%, below the national average.
The real estate market in Belmont is a mid-range housing market. Median home values stand at $340,700, which is above the national average. Renters typically pay around $1,068 per month. Homeownership is high at 95.1%, typical of suburban and family-oriented communities.
The population of Belmont is well-educated. 54.6% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (86.61%).
Belmont, MI offers residents above-average earning potential within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49306 | 10,806 | $104,618 | $340,700 | $1,068 | 3.4% | 54.6% | 95.1% |