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Belmont, Massachusetts Mortgage and Housing Information
Population: 24,194
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Belmont
Income
| U.S. | Massachusetts | Belmont | |
|---|---|---|---|
| Median Earnings | $23,755 | $28,420 | $41,267 |
| Median Earnings, Males | $29,458 | $35,485 | $54,295 |
| Median Earnings, Females | $18,957 | $22,454 | $31,434 |
Males earn $22,861 (72.7%) more than Females in Belmont.
Commuting in Belmont
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 8,827 |
| Carpooled | 1,227 |
| Public Transit | 1,526 |
| Bicycle | 102 |
| Walking | 191 |
| Other Means | 82 |
| Total, Commuted | 11,955 |
| Worked from home | 664 |
| Total | 12,619 |
Time Spent Commuting in Belmont
Time spent commuting in Belmont
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 171 |
| 5-9 | 916 |
| 10-14 | 1,312 |
| 15-19 | 1,548 |
| 20-24 | 2,022 |
| 25-29 | 1,064 |
| 30-34 | 2,263 |
| 35-39 | 439 |
| 40-44 | 628 |
| 45-59 | 961 |
| 60-89 | 465 |
| Over 90 | 166 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 824 | 10.3% | 1,231 | 15.4% |
| Associate Degree | 213 | 2.7% | 545 | 6.8% |
| Bachelor's Degree | 2,157 | 27.1% | 2,492 | 31.3% |
| Master's Degree | 1,465 | 18.4% | 2,210 | 27.7% |
| Professional Degree | 893 | 11.2% | 515 | 6.5% |
| Doctorate Degree | 890 | 11.2% | 477 | 6.0% |
| Total (at least some college) | 6,442 | 80.8% | 7,470 | 77.7% |
| Total over 25 | 7,971 | 100% | 9,615 | 100% |
Housing in Belmont
Cost of Single-Family Houses
| Median price asked in year 2000 | $311,100 |
|---|
Value of Houses and Condos
| U.S. | Massachusetts | Belmont | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $182,800 | $419,700 |
Monthly Owner Costs
| U.S. | Massachusetts | Belmont | |
|---|---|---|---|
| With a mortgage | $1,088 | $1,353 | $2,353 |
| Without a mortgage | $295 | $406 | $721 |
Tenancy in Belmont
| Owner-occupied homes | 5,909 |
|---|---|
| Renter-occupied homes | 3,823 |
| Homes for sale | 28 |
| Homes for rent | 66 |
| Total | 9,980 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Belmont (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 1,594 | 37.2% |
| First Mortgage Only | 1,982 | 46.2% |
| Second Mortgage and/or Home Equity Loan | 713 | 16.6% |
| Total | 4,289 | 100% |
Age of Belmont Residents
| Males | Females |
|---|---|
| 38 | 41 |
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