1 Floor Plan
The small town of Belmont, West Virginia is home to just over 1,000 residents. It's a comfortable place to settle down, as retirees make up a greater percentage of the population (23%) here than they do nationally (14%), while young adults feature less prominently in the demographics. Overall, the town's population, with an average age of just under 44, skews older than most cities in West Virginia. Renters tend to be in the minority in the area, and 75% of residents own their homes. With a relatively low average rent of $505 a month in the town, renting remains an affordable option, particularly compared to other cities in West Virginia. Over the course of a year, renters in Belmont will save around $2,400 compared to the state average.
There are three primary industries in Belmont: manufacturing, education, and healthcare. Together, these industries account for 19% of the town's labor force. With an average annual income of about $56K, Belmont workers earn roughly the same as their peers elsewhere in West Virginia. Belmont, however, compares less favorably to the national average ($73,345). Belmont has a relatively high concentration of residents older than 25 who have an Associate's degree (7%) compared to the national average (5%). Further, 11% have a Bachelor's degree and 4% have earned a Master's degree or Doctorate.
Belmont has an average commute time of about 29 minutes. Driving a car or truck is the most common means of commuting to work, opted for by 31% of residents, while public transit is not used. Few residents walk to work.
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