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Belmont, Massachusetts Demographics & Population 2026

During the 2020–2024 ACS period, Belmont, Massachusetts had a total population of 27,175, the 61st largest community in Massachusetts, with a median household income of $183,137, which is 76% higher than the state average. The poverty rate is 3.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Belmont Quick Facts

Population 27,175
Median Household Income $183,137
Median Home Value $1,159,000
Poverty Rate 3.6%
Unemployment Rate 4.3%
Median Age 42.9 years
Homeownership Rate 64.7%
Affordability Ratio 6.3x
Bachelor's Degree or Higher 80.9%
High School Graduation Rate 97.7%
Diversity Index 48/100
Population 27,175 61st of 248
Median Income $183,137 top 10%
Poverty Rate 3.6% 71% lower than national
Median Home Value $1,159,000 top 10%

How Belmont Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population27,00927,175+0.6%
Median household income$178,188$183,137+2.8%
Median home value$1,108,800$1,159,000+4.5%

How Belmont Compares

Economy & Housing

Household Income Distribution

Under $25K 5.9%
$25K-$50K 6.4%
$50K-$100K 14.9%
$100K+ 72.7%
Detailed income brackets
Under $10K
2.4%
$10K-$15K
1.0%
$15K-$20K
0.8%
$20K-$25K
1.7%
$25K-$30K
1.4%
$30K-$35K
0.5%
$35K-$40K
1.0%
$40K-$45K
1.8%
$45K-$50K
1.7%
$50K-$60K
3.1%
$60K-$75K
5.5%
$75K-$100K
6.3%
$100K-$125K
7.0%
$125K-$150K
7.1%
$150K-$200K
11.4%
$200K+
47.1%

Employment

4.3% Unemployment Rate State: 5.1%|National: 5.2%
68.3% Labor Force Participation

Housing Overview

Owner 64.7%
Renter 35.3%
Affordability Index Expensive
6.3x home value to income ratio
Median gross rent $2,527/mo 16.6% of median household income annually

People & Demographics

Diversity Index

48out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 53 | National average: 61

Education

Belmont Rankings in Massachusetts

#61 Population of 248
#23 Median Income of 241
#8 Education of 248
#15 Home Value of 242

Other Cities in Middlesex County

CityPopulationMedian IncomePovertyHome Value
Cambridge 118,796 $130,748 12.8% $1,092,100
Lowell 118,368 $78,658 16.9% $429,200
Newton 89,044 $190,304 4.5% $1,264,900
Somerville 81,036 $132,572 9.8% $911,300
Framingham 72,399 $107,419 10.4% $627,300
Malden 65,906 $100,606 11.4% $633,500
Waltham 64,902 $120,216 9.4% $748,700
Medford 59,354 $129,540 7.6% $755,500
Everett 50,045 $85,218 14.7% $610,000
Arlington 46,350 $150,701 5.4% $933,800

Cities Similar to Belmont

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Milton28,587$188,529$933,20072.0%4.7%
Reading25,612$165,912$809,00066.3%3.2%
Burlington26,274$146,436$740,60058.4%5.9%
Wakefield27,793$134,306$723,50059.7%4.9%
Wilmington23,336$168,152$680,50050.4%3.8%

Population Overview

Belmont is a mid-sized community located in Massachusetts, within Middlesex County. The total population is 27,175. It ranks as the 61st most populous out of 248 Census-designated places in Massachusetts.

Age Demographics

The median age in Belmont is 42.9 years. This is 7% higher than the state median of 40.0 years.

Economy, Income & Housing

The median household income in Belmont is $183,137. This is 76% higher than the state median of $103,960. It is also 127% higher than the national median of $80,734. The poverty rate stands at 3.6%. This is 64% lower than the state poverty rate of 10.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.3%. This is 16% lower than the state rate of 5.1%. The median home value is $1,159,000. Housing costs are 106% higher than the state median of $562,100. The home-value-to-income ratio of 6.3x suggests that housing affordability is a significant concern for many residents. 64.7% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 62.5%.

Race & Ethnicity

The largest racial or ethnic group in Belmont is White (non-Hispanic), making up 68.8% of the population. Asian residents account for 19.5%. The Black or African American population (1.6%) is well below the state average of 6.4%. The Hispanic or Latino population (5.0%) is well below the state average of 13.3%. The Asian population is significantly higher than the state average (19.5% vs 7.2%).

Education

80.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Belmont in the top 10% of all cities in the state for educational attainment. This is 71% higher than the state rate of 47.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.7%. Notably, 51.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Belmont, Massachusetts is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Massachusetts state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 248 Census-designated places in Massachusetts. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Belmont, Massachusetts?

Belmont, Massachusetts has a population of 27,175 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Belmont, MA?

The median household income in Belmont is $183,137, which is 127% higher than the national median of $80,734.

What is the poverty rate in Belmont, MA?

The poverty rate in Belmont is 3.6%. This means approximately 973 residents live below the federal poverty line.

What is the racial makeup of Belmont, Massachusetts?

Belmont's population is 68.8% White, 1.6% Black, 5.0% Hispanic/Latino, and 19.5% Asian.

What is the median home value in Belmont, MA?

The median home value in Belmont is $1,159,000. The home-value-to-income ratio is 6.3x.

How educated is Belmont, Massachusetts?

80.9% of adults (25+) in Belmont hold a bachelor's degree or higher, and 51.6% hold a graduate or professional degree.