Belmont, CA Real Estate
According to census data in the year 2000 there were 10,628 housing units in Belmont.
This represents a 3% growth from 10,320 in 1990.
Of those housing units, 10,628 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Belmont is about 60.2%.
Belmont's vacancy rate, including seasonal lodging, is about 1.5%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Belmont were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 6.10% |
| One Bedroom | 18.50% |
| Two Bedrooms | 19.20% |
| Three Bedrooms | 36.80% |
| Four Bedrooms | 16.40% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $593,200 |
| Median Price asked for vacant units | $808,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $1,125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 10.30% |
| Home Equity Loan | 12.50% |
| Simple Mortgage | 54.50% |
| Debt Free | 22.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.9% |
