Belmont

Population: 903
Median household income: $62,266
Median home value: $89,800

Belmont is a community in Allegany County, New York, home to 903 residents. Its median household income of $62,266 runs in line with the Allegany County figure of $61,233.

Between 2019 and 2023, Belmont's population grew 11.1% from 813 to 903, while its median home value rose 32.8% from $67,600 to $89,800.

The median resident is 38.2 years old. The largest age group is 25 to 34, 15.7% of residents.

Demographics

ACS 2019–2023

Population: 903
Median age: 38.2 yrs
Median household income: $62,266
Median home value: $89,800
Median gross rent: $684
Housing units: 441
Homeownership rate: 72.6%
Bachelor's degree or higher: 22.7%
Unemployment rate: 2.2%

Trends

ACS 5-year · 2019–2023

Population

813903

Median household income

$41,071$62,266

Median home value

$67,600$89,800

Median gross rent

$570$684

Year	Population	Median household income	Median home value	Median gross rent
2019	813	$41,071	$67,600	$570
2020	797	$53,021	$74,100	$573
2021	866	$45,000	$77,600	$571
2022	865	$57,679	$87,000	$613
2023	903	$62,266	$89,800	$684

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 510.0%

5 to 1713.8%

18 to 248.7%

25 to 3415.7%

35 to 445.0%

45 to 5412.6%

55 to 6411.4%

65 to 7410.2%

75 and over12.5%

	Count	Share
Under 5	90	10.0%
5 to 17	125	13.8%
18 to 24	79	8.7%
25 to 34	142	15.7%
35 to 44	45	5.0%
45 to 54	114	12.6%
55 to 64	103	11.4%
65 to 74	92	10.2%
75 and over	113	12.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	880	97.5%
Black or African American	16	1.8%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	6	0.7%
Hispanic or Latino (any race)	1	0.1%

Educational attainment (age 25+)

No high school diploma5.3%

High school graduate36.8%

Some college or associate's35.3%

Bachelor's degree12.2%

Graduate or professional degree10.5%

	Count	Share
No high school diploma	32	5.3%
High school graduate	224	36.8%
Some college or associate's	215	35.3%
Bachelor's degree	74	12.2%
Graduate or professional degree	64	10.5%

Commute to work

Mean travel time to work: 24 min

Drove alone78.5%

Carpooled11.5%

Public transit0.0%

Walked3.4%

Bicycle0.0%

Worked from home6.5%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	300	78.5%
Carpooled	44	11.5%
Public transit	0	0.0%
Walked	13	3.4%
Bicycle	0	0.0%
Worked from home	25	6.5%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	115	32.2%
15 to 29 min	129	36.1%
30 to 44 min	66	18.5%
45 to 59 min	19	5.3%
60+ min	28	7.8%

Households

Average household size: 2.39
Poverty rate: 16.2% (137 of 844)

	Count	Share
Family households	200	54.8%
Nonfamily households	165	45.2%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	365	82.8%
Vacant	76	17.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	265	72.6%
Renter-occupied	100	27.4%

1-unit, detached70.5%

1-unit, attached0.7%

2 to 4 units20.2%

5 to 19 units2.5%

20 or more units5.0%

Mobile home & other1.1%

Units in structure

	Count	Share
1-unit, detached	311	70.5%
1-unit, attached	3	0.7%
2 to 4 units	89	20.2%
5 to 19 units	11	2.5%
20 or more units	22	5.0%
Mobile home & other	5	1.1%

Geography

Place GEOID: 3605815
Type (LSAD): 47
Land area: 1 sq mi
Water area: 0 sq mi
Center point: 42.2201, -78.0308