Belmont, NC is a small city located in Gaston County. It is a popular destination for families due to its low crime rate and quality of life. The 2 bedroom rent in Belmont is $1,170 as compared to the US average of $1,430. This makes living in Belmont more affordable than other parts of the country. Grocery costs also are lower in Belmont with an index score of 98 compared to 100 for the US. Several companies have their headquarters located in Belmont such as Lowe's Companies Inc., Polypore International Inc., Full Spectrum Laser LLC, and Daniel Stowe Botanical Garden. The estimated population of Belmont was 10,578 according to 2019 data from the US Census Bureau.
Belmont has an unemployment rate of 5.0%. The US average is 6.0%.
Belmont has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 44.7%, which is higher than the US average of 33.5%.
Tax Rates for Belmont
- The Sales Tax Rate for Belmont is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Belmont is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Belmont
- The average income of a Belmont resident is $44,398 a year. The US average is $37,638 a year.
- The Median household income of a Belmont resident is $76,156 a year. The US average is $69,021 a year.