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Belmont, MA Area and Community Summary Information


Community Summary

Belmont Massachusetts
Community Characteristics
Population 23,486 6,413,424
Population Density 5,038 782
Educational Climate Index 4
Median Age 42.04 37.44
Median Dwelling Age 68 44
In Current Residence 5+ years 51 % 47 %
Median Home Sale Price $615,000
Average household Income $124,199 $80,123
Median Value of Home Equity $272,918 $199,280
Median Mortgage Debt $646,382 $423,313
Total Household Expenditure 159 116
Total Crime Risk 18 73
Weather Risk 102 96
Air Pollution Index 106 99
Median Travel Time to Work 24.05 22.21
     

Population Characteristics

Belmont Massachusetts
Population 23,486 6,413,424
Population Density 5,038 782
     
Male Population 11,100 3,115,055
Female Population 12,386 3,298,369
     
Population Change Since 1990 -5 % 7 %
Population Change Since 2000 -3 % 1 %
     

Age

Belmont Massachusetts
Median Age 42.04 37.44
     
Population: Age 0-4 1,326 396,123
Population: Age 5-9 1,400 387,613
Population: Age 10-14 1,478 402,689
Population: Age 15-19 1,214 420,554
Population: Age 20-24 719 423,079
Population: Age 25-29 1,178 425,307
Population: Age 30-34 1,466 432,746
Population: Age 35-39 1,729 463,472
Population: Age 40-44 2,026 505,793
Population: Age 45-49 2,092 507,719
Population: Age 50-54 1,836 460,639
Population: Age 55-59 1,723 401,552
Population: Age 60-64 1,273 318,623
Population: Age 65-69 990 228,530
Population: Age 70-74 804 183,653
Population: Age 75-79 764 164,498
Population: Age 80-84 678 139,350
Population: Age 85+ 790 151,484
     

Race Distribution

Belmont Massachusetts
Race: White 20,538 5,319,252
Race: American Indian, Eskimo, Aleut 37 13,856
Race: Asian or Pacific Islander 1,992 328,371
Race: Other 105 219,443
Race: Hawaiian / Pacific Islander 0 378
Race: Black 424 388,376
     

Hispanic Distribution

Belmont Massachusetts
Population: Hispanic 515 535,768
Population: Not Hispanic 22,971 5,877,656
     

Education

Belmont Massachusetts
Education: Less than 9th Grade 345 204,860
Education: Some High School 400 275,327
Education: High School Graduate 2,656 1,202,664
Education: Some College 1,656 681,691
Education: Associate Degree 714 345,603
Education: Bachelors Degree 4,590 949,827
Education: Graduate Degree 6,988 723,394
     

Marital Status

Belmont Massachusetts
Never Married 5,681 1,604,017
Now Married 10,695 2,578,645
Separated 493 246,544
Widowed 1,295 361,655
Divorced 1,106 434,975
     

Households

Belmont Massachusetts
Households 9,427 2,449,728
Average Household Size
     
Households: Family 6,277 1,566,993
Households: Non-Family 3,150 882,735
     
Households: With Children 3,151 812,615
Households: No Children 6,276 1,637,113
     

Housing Characteristics

Belmont Massachusetts
Median Dwelling Age 68 44
Median Home Sale Price $615,000
Average household Income $124,199 $80,123
Median Value of Home Equity $272,918 $199,280
Median Mortgage Debt $646,382 $423,313
     

Home Ownership

Belmont Massachusetts
Vacant Dwellings 565 263438
Owner-Occupied Dwellings 6105 1590112
Renter-Occupied Dwellings 3322 859616
     

Turnover

Belmont Massachusetts
In Current Residence 5+ years 51 % 47 %
Annual Residential Turnover 16 % 14 %
     
Median Years in Residence 5.41 4.67
     

Income Characteristics

Belmont Massachusetts
Median household income $97,768 $60,921
Average household Income $124,199 $80,123
Per capita income $50,483 $31,576
Median Disposable Income $75,560 $50,399
     

Income Growth

Belmont Massachusetts
Change in Avg. Household Income Since 1990 83 % 65 %
Change in Avg. Household Income Since 2000 22 % 20 %
     

Household Income

Belmont Massachusetts
Household Income: $0-$10,000 360 190,010
Household Income: $10,000-$15,000 214 99,325
Household Income: $15,000-$20,000 261 108,438
Household Income: $20,000-$25,000 264 107,918
Household Income: $25,000-$30,000 256 106,579
Household Income: $30,000-$35,000 252 100,352
Household Income: $35,000-$40,000 221 96,077
Household Income: $40,000-$45,000 240 104,845
Household Income: $45,000-$50,000 224 95,279
Household Income: $50,000-$60,000 616 200,934
Household Income: $60,000-$75,000 691 252,167
Household Income: $75,000-$100,000 1,239 341,457
Household Income: $100,000-$125,000 1,098 227,196
Household Income: $125,000-$150,000 846 138,986
Household Income: $150,000-$200,000 1,060 130,006
Household Income: $200,000-$250,000 493 46,678
Household Income: $250,000-$500,000 671 57,815
Household Income: $500,000+ 421 45,666
     

Median Income

Belmont Massachusetts
Median Income: Age < 25 $52,083 $37,413
Median Income: Age 25-34 $85,850 $57,700
Median Income: Age 35-44 $102,440 $68,586
Median Income: Age 45-54 $113,462 $74,984
Median Income: Age 55-64 $108,415 $67,452
Median Income: Age 65-74 $93,750 $48,647
Median Income: Age 75+ $69,634 $36,007
     

Cost of Living Index

Belmont Massachusetts
Total Household Expenditure 159 116
Contributions 193 121
Personal Insurance 183 119
Apparel 161 116
Education 193 122
Entertainment 161 116
Food And Beverages 151 114
Health Care 145 113
Household Furnishings And Equipment 168 118
Shelter 162 116
Household Operations 180 119
Miscellaneous Expenses 150 114
Personal Care 156 115
Reading 160 116
Tobacco 125 109
Transportation 151 114
Utilities 144 113
Gifts 183 120
     
Sales Tax Rate 5 %
     

Financial Characteristics

Belmont Massachusetts
Median Household Net Worth $295,414 $174,042
Average Household Net Worth $917,584 $577,681
Median Value of Home Equity $272,918 $199,280
Median Mortgage Debt $646,382 $423,313
     

Net Worth

Belmont Massachusetts
Net Worth: $0 or Less 858 266,712
Net Worth: $1-$5,000 948 300,600
Net Worth: $5,000-$10,000 529 159,594
Net Worth: $10,000-$25,000 1,031 289,089
Net Worth: $25,000-$50,000 1,211 321,160
Net Worth: $50,000-$100,000 1,585 404,216
Net Worth: $100,000-$250,000 2,032 487,761
Net Worth: $250,000-$500,000 890 198,374
Net Worth: Greater Than $500,000 550 113,300
     

Investments and Debt

Belmont Massachusetts
Median Value of Transaction Accounts $45,909 $30,695
Median Value of Certificates of Deposit $10,158 $7,606
Median Value of Savings Bonds $1,542 $1,202
Median Value of Bonds (Not US Savings) $26,480 $14,465
Median Value of Stocks $79,510 $45,617
Median Value of Mutual Funds $60,691 $36,664
Median Value of Retirement Accounts $123,382 $79,765
Median Value of Cash Value Life Ins $10,688 $7,007
Median Value of Other Managed Accounts $29,489 $18,955
Median Value of Other Financial Assets $8,960 $5,376
Median Value of Any Financial Assets $396,807 $247,353
Median Value of Vehicles Owned $24,219 $19,387
Median Value of Investment Property Equity $73,923 $45,521
Median Value of Business Equity $52,003 $31,572
Median Value of Other Non-Financial Assets $212,839 $121,125
Median Value of Any Non-Financial Assets $10,480 $6,428
Median Installment Loan Debt $92,843 $69,630
Median Lines of Credit Debt $15,409 $9,189
Median Credit Card Debt $1,327 $792
Median Investment Real Estate Debt $10,701 $9,259
Median Other Debt $28,922 $17,674
Median Total Debts $342,824 $206,654
     

Occupation

Belmont Massachusetts
     
Occupations: White Collar 5,185 2,857,747
Occupations: Blue Collar 984 660,023
     
Business Counts: Professional Specialty Occupations 1,376 657,653
Business Counts: Sales Professionals 103 94,612
Business Counts: Technologies and Technicians 292 138,338
Business Counts: Sales Workers and Clerks 387 284,015
Business Counts: Administrative Support 1,186 670,684
Business Counts: Technical, Sales and Administrative: Field Occupations 0 8,700
Business Counts: Private Household 0 121
Business Counts: Protective Services 110 57,083
Business Counts: Other Services: Site Based 807 445,600
Business Counts: Other Services: Field Based 42 23,847
Business Counts: Farming, Forestry, and Fishing 140 65,919
Business Counts: Precision, Craft, and Repair: Site Based 362 250,573
Business Counts: Construction, Repair and Mining: Field Based 175 105,008
Business Counts: Machine Operators, Assemblers and Inspectors 79 74,469
Business Counts: Transportation Materials Moving Workers 115 84,262
Business Counts: Handlers, Helpers and Laborers 113 79,792
     
Employees: Agricultural, Forestry, Fishing 99 27,532
Employees: Mining 0 1,986
Employees: Construction 291 140,751
Employees: Manufacturing 111 354,806
Employees: Transportation and Communications 206 134,962
Employees: Wholesale Trade 103 154,804
Employees: Retail Trade 929 684,372
Employees: Finance, Insurance and Real Estate 408 283,960
Employees: Services 2,947 1,566,459
Employees: Public Administration 1,075 168,138
     

Transportation & Commute

Belmont Massachusetts
Median Travel Time to Work 24.05 22.21
Transportation to Work: Public 12 % 9 %
Transportation to Work: Drive / Carpool 80 % 83 %
Transportation to Work: Walk / Bike / Other 3 % 5 %
Transportation to Work: Work at Home 5 % 3 %
     

Crime Risk

Belmont Massachusetts
Total Crime Risk 18 73
     
Personal Crime Risk 18 97
Murder Risk 4 39
Rape Risk 11 85
Robbery Risk 11 86
Assault Risk 27 106
     
Property Crime Risk 21 70
Burglary Risk 27 72
Larceny Risk 34 66
Motor Vehicle Theft Risk 10 90
     

Temperature & Rain

Belmont Massachusetts
Average January High Temperature 36.5 35.21
Average January Low Temperature 22.1 17.07
Average July High Temperature 82.2 81.18
Average July Low Temperature 65.5 61.11
     
Annual Precipitation 42.53 46.68
     

Weather Risk Index

Belmont Massachusetts
Weather Risk 102 96
Earthquake Risk 74 70
Hail Index 104 75
Hurricane Index 127 128
Tornado Index 65 56
Wind Index 120 115
     

Environmental Quality Index

Belmont Massachusetts
Air Pollution Index 106 99
Ozone Index 94 101
Carbon Monoxide Index 98 94
Lead Index 108 103
NO2 Index 136 102
Particulate Matter Index 92 95
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2010 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
02478
$97,205
Median Value of Home Equity
Zip
1
02478
$271,725
Fastest Growing (change since 2000)
Zip
1
02478
-3 %
Longest Commute
Zip
1
02478
24.06
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2010 OnBoard LLC. Information is deemed reliable but not guaranteed.

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