Housing data for the Village of Belmont, NY
The Village of Belmont, NY has an estimated 955 residents and 460 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a village in Allegany County.
30.7% of households rent.
The median gross rent is $688 a month.
Figures last updated on .
- Residents
- 955 (±205)
- Housing units
- 460 (±66)
- Households that rent
- 30.7%
- Median gross rent
- $688
- Residents since 2015–2019
- +17.5%
What stands out in the Village of Belmont
Households that rent: 30.7% (±8.1 points) in the Village of Belmont, higher than in Allegany County (20.7%).
Homes built before 1980: 89.5% (±11.7 points) in the Village of Belmont, higher than in Allegany County (68.0%).
Median real estate taxes: $2,613 (±$192) in the Village of Belmont, lower than in Allegany County ($2,968).
- Renters and owners in the Village of Belmont
- Age of homes in the Village of Belmont
- Property taxes in the Village of Belmont
Housing in the Village of Belmont at a glance
- Median rent: $688 median gross rent a month
- Rent by bedrooms: $917 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 45.8% of renters pay 30% or more of income
- Renters and owners: 30.7% of households rent
- Income and affordability: $65,313 median household income
- Home values: $94,600 median home value
- Homeowner costs: $1,095 median monthly cost with a mortgage
- Property taxes: $2,613 median real estate taxes a year
- Types of homes: 7.4% of homes are in buildings of 5 or more units
- Bedrooms: 65.8% of homes have 3 or more bedrooms
- Age of homes: 89.5% of homes were built before 1980
- Vacancy rate: 20.5% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 83.4% heat with utility gas
- Commute and cars: 25.1 minutes average trip to work
- Crime reported to police: 0 violent crimes per 100,000 residents (Small sample: wide margin of error)
- Growth: +17.5% residents since 2015–2019 (Small sample: wide margin of error)
- How long people stay: 24.3% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
The Village of Belmont against Allegany County, its state and the nation
| Village of Belmont | Allegany County | New York | United States | |
|---|---|---|---|---|
| Residents | 955 (±205) | 47,159 (exact) | 19,852,366 (exact) | 334,922,499 |
| Housing units | 460 (±66) | 23,540 (±73) | 8,585,241 (±652) | 143,775,355 |
| Households that rent | 30.7% (±8.1 points) | 20.7% (±1.4 points) | 45.7% (±0.2 points) | 34.8% |
| Median gross rent | $688 (±$72) | $763 (±$30) | $1,621 (±$7) | $1,413 |
| Median household income | $65,313 (±$12,063) | $62,869 (±$2,132) | $85,974 (±$402) | $80,734 |
| Median home value | $94,600 (±$6,474) | $101,700 (±$3,420) | $423,800 (±$1,627) | $332,700 |
| Median real estate taxes (a year) | $2,613 (±$192) | $2,968 (±$95) | $6,582 (±$21) | $3,119 |
| Built before 1980 | 89.5% (±11.7 points) | 68.0% (±2.5 points) | 73.9% (±0.2 points) | 49.7% |
| Average commute | 25.1 minutes (±7.3) | 22.8 minutes (±0.7) | 32.6 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 88.7% (±4.8 points) | 86.7% (±1.1 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 33.6 years (±12.6) | 38.7 years (±0.4) | 39.8 years (±0.1) | 38.9 years |
The Village of Belmont covers 1.0 square miles of land, about 959 residents per square mile (Census Bureau Gazetteer).
How the Village of Belmont has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 813 (±153) | 955 (±205) | +17.5% | Not a measurable change |
| Housing units | 424 (±55) | 460 (±66) | +8.5% | Not a measurable change |
| Median gross rent | $570 (±$104) | $688 (±$72) | +20.7% | No measurable change after inflation |
| Median home value | $67,600 (±$10,600) | $94,600 (±$6,474) | +39.9% | No measurable change after inflation |
| Median household income | $41,071 (±$11,103) | $65,313 (±$12,063) | +59.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $929 (±$290) | $1,095 (±$102) | +17.9% | No measurable change after inflation |
| Median real estate taxes | $1,957 (±$295) | $2,613 (±$192) | +33.5% | No measurable change after inflation |
| Households that rent | 28.4% (±9.8 points) | 30.7% (±8.1 points) | +2.3 percentage points | Not a measurable change |
| Rental vacancy rate | 13.8% (±14.5 points) | 20.5% (±14.2 points) | +6.7 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in the Village of Belmont
In 2024, the Belmont Village Police Department reported 0 violent and 120 property crimes per 100,000 residents to the FBI.
Places near the Village of Belmont
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Town of Amity | 1.5 mi | $705 | $87,300 | 22.7% |
| Town of Friendship | 5.1 mi | $916 | $78,600 | 18.8% |
| Town of Scio | 5.4 mi | $863 | $117,100 | 9.8% |
| Town of Angelica | 5.9 mi | $588 | $87,800 | 17.6% |
| Village of Angelica | 5.9 mi | $600 | $81,200 | 19.9% |
| Town of Ward | 6.6 mi | $1,075 | $133,800 | 9.4% |
| Town of Belfast | 7.6 mi | $568 | $95,600 | 15.5% |
| Village of Wellsville | 8.1 mi | $713 | $91,200 | 36.7% |
Places in New York most like the Village of Belmont
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Village of Falconer | $745 | $98,400 | $60,056 | 28.5% |
| Village of Norwood | $683 | $100,800 | $54,375 | 29.6% |
| Village of Moravia | $829 | $131,300 | $63,073 | 28.4% |
| Town of Shelby | $788 | $136,000 | $65,655 | 32.2% |
| Village of Andover | $689 | $72,000 | $66,136 | 23.9% |
| Town of Persia | $765 | $100,000 | $54,495 | 23.1% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New York.
HUD Fair Market Rent for the Village of Belmont, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $770 | $775 | $1,014 | $1,254 | $1,604 |
HUD income limits for the Village of Belmont, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $18,900 | $31,500 | $50,350 |
| 2 people | $21,640 | $36,000 | $57,550 |
| 3 people | $27,320 | $40,500 | $64,750 |
| 4 people | $33,000 | $44,950 | $71,900 |
| 5 people | $38,680 | $48,550 | $77,700 |
| 6 people | $44,360 | $52,150 | $83,450 |
| 7 people | $50,040 | $55,750 | $89,200 |
| 8 people | $55,720 | $59,350 | $94,950 |
These are the limits HUD sets for its housing programs in the Allegany County, NY, where HUD’s median family income for fiscal year 2026 is $86,700.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Village of Belmont
What is the average rent in the Village of Belmont, NY?
The Census Bureau publishes the median rather than the average: the median gross rent in the Village of Belmont is $688 (±$72) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
Are renters in the Village of Belmont rent-burdened?
45.8% of renting households in the Village of Belmont pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in the Village of Belmont?
The Village of Belmont has an estimated 120 (±38) renting households, 30.7% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in the Village of Belmont?
The median household income in the Village of Belmont is $65,313 (±$12,063) a year (2020–2024 American Community Survey).
What is the average home value in the Village of Belmont, NY?
The Census Bureau publishes the median: $94,600 (±$6,474) for owner-occupied homes in the Village of Belmont (2020–2024 American Community Survey).
What is the average mortgage payment in the Village of Belmont?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Village of Belmont, NY is $1,095 (±$102) a month, including taxes, insurance and utilities.
Is the Village of Belmont growing?
In the Village of Belmont, the number of residents went from 813 in 2015–2019 to 955 in 2020–2024 (+17.5%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Belmont village, New York
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Belmont village, New York
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Belmont village, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Belmont village, New York
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Belmont village, New York
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Belmont village, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Belmont village, New York
- HUD Fair Market Rents, fiscal year 2027: Allegany County, NY
- HUD Income Limits, fiscal year 2026: Allegany County, NY
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Belmont Village Police Department (ORI NY0022100)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Belmont village, New York (place:05815, in state:36).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .