Belmont, NY
Full City Profile · New York · Allegany County County
3.2
/5.0
B
Good
903
Population
903/sq mi density
$62,266
Median Income
$32,899 per capita
$89,800
Home Value
$122,737 Zillow
$684
Median Rent
33.3% income on rent
46°F
Avg Temperature
246 sunny days/yr
59
Violent Crime/100K
1,372 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$62,266 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$89,800 home value, $684/mo rent
F
Safety
1.0 / 5.0
59 violent crimes/100K
C+
Education
2.8 / 5.0
22.7% bachelor's degree or higher
Income Overview
Median Household Income
$62,266
17% below
US avg: $75,149
Per Capita Income
$32,899
16% below
US avg: $39,052
Unemployment Rate
1.3%
64% below
US avg: 3.6%
Poverty Rate
10.0%
19% below
US avg: 12.4%
Income Comparison: Belmont vs. U.S. Average
Each bar shows Belmont’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$62,266
83%
Per Capita
US: $39,052
$32,899
84%
IRS Avg AGI
US: $72,000
$57,516
80%
Avg Weekly Wage
US: $1,432
$1,019
71%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,019
29% below US avg ($1,432)
Mean Commute Time
24 min
14% below US avg (28 min)
Work From Home
6.5%
57% below US avg (15.2%)
Drive Alone
78.5%
7% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,955M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
78.5%
Public Transit
0%
Work From Home
6.5%
Other
15%
Average commute time
24 minutes
US avg: 28 min
Business Landscape
Total Establishments
911
Restaurants
94
Healthcare
81
Retail
127
Manufacturing
34
Tax & Financial
IRS Avg Adjusted Gross Income
$57,516
20% below US avg ($72,000)
Avg Property Tax
$6,513
86% above US avg ($3,500)
Cost of Living Index
107.9
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $62,266 |
| Per Capita Income | $32,899 |
| IRS Avg Adjusted Gross Income | $57,516 |
| Avg Weekly Wage | $1,019 |
| County GDP | $1,955M |
Hardship Indicators
| Unemployment Rate | 1.3% |
| Poverty Rate | 10.0% |
| Gini Coefficient | 0.442 |
| Cost of Living Index | 107.9 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 78.5% |
| Public Transit | 0.0% |
| Work From Home | 6.5% |
Businesses
| Total Establishments | 911 |
| Restaurants | 94 |
| Healthcare | 81 |
| Retail | 127 |
| Manufacturing | 34 |
Tax
| IRS Avg AGI | $57,516 |
| Avg Property Tax | $6,513 |
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