Belmont, NC

Census Place

2024 Population

15,546

US Senator

Thom Tillis

Republican Party

US Senator

Ted Budd

Republican Party

2024 Median Age

39.4

4.51% 1-year increase

2024 Poverty Rate

7.91%

21.5% 1-year decrease

2024 Median Household Income

$94,883

9.76% 1-year growth

2024 Median Property Value

$395,000

Population & Diversity

Belmont, NC is home to a population of 15.5k people, from which 99.1% are citizens.

As of 2024, 5.99% of Belmont, NC residents were born outside of the country (931 people).

In 2024, there were 11.8 times more White (Non-Hispanic) residents (12.5k people) in Belmont, NC than any other race or ethnicity. There were 1.07k Black or African American (Non-Hispanic) and 674 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.1%

2024 Citizenship

98.6%

2023 Citizenship

As of 2024, 99.1% of Belmont, NC residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Belmont, NC was 98.6%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Belmont, NC compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Belmont, NC

White (Non-Hispanic)
12.5k ± 507
Black or African American (Non-Hispanic)
1.07k ± 333
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
674 ± 343

3.98%

Hispanic Population

618 people

3.98% of the people in Belmont, NC are hispanic (618 people).

The following chart shows the 8 races represented in Belmont, NC as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for North Carolina.

Most Common Origin

Mexico
228,441 ± 11,609 people
India
90,815 ± 7,367 people
Honduras
52,061 ± 5,588 people

In 2024, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 228,441 North Carolina residents, followed by India with 90,815 and Honduras with 52,061.

Foreign-Born Population

5.99%

2024 Foreign-Born Population

931 people

5.27%

2023 Foreign-Born Population

798 people

As of 2024, 5.99% of Belmont, NC residents (931 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Belmont, NC was 5.27%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Belmont, NC compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
356 ± 195
Gulf War (2001-)
205 ± 98
Gulf War (1990s)
200 ± 146

Belmont, NC has a large population of military personnel who served in Vietnam, 1.74 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Belmont, NC.

Economy

The economy of Belmont, NC employs 7.86k people. In 2024, the largest industries in Belmont, NC were Professional, Scientific, & Technical Services (1,062 people), Finance & Insurance (940 people), and Health Care & Social Assistance (908 people), and the highest paying industries were Agriculture, Forestry, Fishing & Hunting, & Mining ($207,734), Management of Companies & Enterprises ($170,833), and Agriculture, Forestry, Fishing & Hunting ($126,146).

Employment

Occupations

7.86k

2024 Value

± 687

−0.857%

1 Year decline

± 12.4%

From 2023 to 2024, employment in Belmont, NC declined at a rate of −0.857%, from 7.93k employees to 7.86k employees.

The most common job groups, by number of people living in Belmont, NC, are Management Occupations (1,052 people), Sales & Related Occupations (770 people), and Business & Financial Operations Occupations (761 people). This chart illustrates the share breakdown of the primary jobs held by residents of Belmont, NC.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for North Carolina.

This chart shows weekly unemployment insurance claims in North Carolina (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

7.86k

2024 Value

± 687

−0.857%

1 Year decline

± 12.4%

From 2023 to 2024, employment in Belmont, NC declined at a rate of −0.857%, from 7.93k employees to 7.86k employees.

The most common employment sectors for those who live in Belmont, NC, are Professional, Scientific, & Technical Services (1,062 people), Finance & Insurance (940 people), and Health Care & Social Assistance (908 people). This chart shows the share breakdown of the primary industries for residents of Belmont, NC, though some of these residents may live in Belmont, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$78,221

Median earning men ± $9,813

$57,645

Median earning women ± $13,877

The industries with the best median earnings for men in 2024 are Agriculture, Forestry, Fishing & Hunting, & Mining ($208,984), Professional, Scientific, & Management, & Administrative & Waste Management Services ($111,583), and Manufacturing ($97,880).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($128,179), Transportation & Warehousing, & Utilities ($108,056), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($81,583).

Education

The student population of Belmont, NC in 2024 is skewed towards men, with 753 male students and 635 female students.

Most students graduating from Universities in Belmont, NC are White (189 and 58%), Unknown (85 and 26.1%), Black or African American (32 and 9.82%), and Hispanic or Latino (17 and 5.21%).

The largest universities in Belmont, NC by number of degrees awarded are Belmont Abbey College (341 and 100%).

The most popular majors in Belmont, NC are General Business Administration & Management (60 and 17.6%), Sport & Fitness Management (38 and 11.1%), and Liberal Arts & Sciences (29 and 8.5%).

The median tuition cost for private four year colleges is $19,500.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2024 in Belmont, NC, the percentage of applicants admitted was 74.7%, while the percentage of admitted who enrolled was 12.6%. The number of students enrolled in 2024 was 1,388 (54.3% men and 45.7% women).

The line chart shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

Enrollments by Gender and Races

Universities

In 2024 there were 1,388 students enrolled in Belmont, NC, 54.3% men and 45.7% women.

By race, the largest number of students enrolled was concentrated in White with 875 records, of which 50.3% were women and 49.7% men.

Completions

Concentrations

Most Common

General Business Administration & Management
60 degrees awarded
Sport & Fitness Management
38 degrees awarded
Liberal Arts & Sciences
29 degrees awarded

In 2024, the most common concentation for Bachelors Degree recipients in Belmont, NC was General Business Administration & Management with 60 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Belmont, NC according to their major.

Universities

Gender

Race

Belmont Abbey College

Largest Universities by degrees awarded

341 degrees awarded

In 2024, the institution with the largest number of graduating students was Belmont Abbey College with 341 degrees awarded.

Student Diversity

University

In 2024, 163 men were awarded degrees from institutions in Belmont, NC, which is 0.916 times less than the 178 female students who received degrees in the same year.

In 2024, the most common race/ethnicity group awarded degrees at institutions was White students. These 189 degrees mean that there were 2.22 times more degrees awarded to White students then the next closest race/ethnicity group, Unknown, with 85 degrees awarded.

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($19,500) is the sector with the highest median state tuition in 2024.

Private not-for-profit, 4-year or above ($1,700) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

Housing & Living

The median property value in Belmont, NC was $395,000 in 2024, which is 1.19 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $349,700 to $395,000, a 13% increase. The homeownership rate in Belmont, NC is 70.7%, which is higher than the national average of 65.2%.

People in Belmont, NC have an average commute time of 26.5 minutes, and they drove alone to work. Car ownership in Belmont, NC is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$395,000

Median Property Value 2024

±$28,597

$4,517

Median Property Taxes

±$441

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Belmont, NC the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Belmont, NC compared to it's parent and neighbor geographies.

Rent vs Own

70.7%

Homeownership

2024

64.1%

Homeowners with Mortgage

2024

In 2024, 70.7% of the housing units in Belmont, NC were occupied by their owner. This percentage grew from the previous year's rate of 65.9%.

This chart shows the percentage of owner in Belmont, NC compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$94,883

Median Household Income

± $14,568

6.39k

Number of Households

± 609

In 2024, the median household income of the 6.39k households in Belmont, NC grew to $94,883 from the previous year's value of $86,442.

The following chart displays the households in Belmont, NC distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Belmont, NC is from North Carolina.

0.466

2024 Wage GINI in North Carolina

0.467

2023 Wage GINI in North Carolina

In 2024, the income inequality in North Carolina was 0.466 according to the GINI calculation of the wage distribution. Income inequality had a 0.16% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.474. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

This chart shows the number of workers in North Carolina across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (66%)
Worked At Home (25.6%)
Carpooled (4.46%)

In 2024, 66% of workers in Belmont, NC drove alone to work, followed by those who worked at home (25.6%) and those who carpooled to work (4.46%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

26.5 minutes

Average Travel Time

Using averages, employees in Belmont, NC have a longer commute time (26.5 minutes) than the normal US worker (26.4 minutes). Additionally, 2.46% of the workforce in Belmont, NC have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Belmont, NC compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Belmont, NC distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Belmont, NC have 2 cars.

Poverty

Poverty & Diversity

7.91% of the population for whom poverty status is determined in Belmont, NC (1.18k out of 14.9k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 75+, followed by Females 55 - 64 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Belmont, NC is White, followed by Black and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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