Cost of Living in Belmont, MA
Population: 27,009 • 2026 Data
$178,188
Median Household Income
+130% vs national
$2,387
Median Monthly Rent
+77% vs national
$1,108,800
Median Home Value
+227% vs national
4.5%
Unemployment Rate
Housing in Belmont
The median home value in Belmont, MA is $1,108,800. Monthly rent for a typical unit averages $2,387, while total monthly housing costs (including utilities and insurance) average $2,720.
Rent-to-income ratio: 16.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Belmont, MA is $178,188. The unemployment rate stands at 4.5%, with a labor force of 14,738 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.