The population of Belmont, Massachusetts is approximately 25,321 people. Of this total, approximately 13% live in households. Of this population, approximately 12% are renters. The city's total area is 4.7 square miles (12.2 km2). The city borders Cambridge on the east, Arlington on the north, Lexington on the northwest, Waltham on the west, and Watertown on the south. The median home value in the city is $93,500.
The neighborhood's commercial uses are largely concentrated in four existing centers. While these centers provide basic retail services, other establishments are dispersed throughout the neighborhood. A key component of revitalization is the future use of vacant parcels. The neighborhood is home to a significant amount of vacant land, but it is located in small parcels scattered throughout the neighborhood. This limits the possibility of major redevelopment projects.
The city was founded in 1849. The town's population is largely White. Nearly 85% of the population is White. The other 5% is black or African American. One percent is Native American. A small percentage of residents are non-native, while the remainder are Hispanic or Latino of any race. The median household size is two and a half people. There are also 15.8% seniors and 13.3% under the age of 18.
Belmont is a part of the Fallon neighborhood, which is adjacent to the Southeast. The Belmont area is separated from downtown by a small area. There are many retail establishments lining the corridor, including a Norfolk Southern station. Approximately 12% of the population is under the age of 18 and only a small portion is white. The remaining 1% of the population is comprised of renters.