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Belmont Estates

Learn about the people, housing, costs and businesses in Belmont Estates, Virginia

Median Home$402,700
Median Rent$1,078/month
Population1,190
Leading IndustriesConstruction · Agriculture & Mining · Information & Media11% construction
Home Value Growth⬆⬆+20.0% over 2 years
Retirees23% of residentsslightly above average
Homeowners82% of occupied units
NotableHigh Incomes$93k/year · top 22% nationally
Belmont Estates
VA

Frequently Asked Questions

What are today's mortgage rates in Belmont Estates?

As of today, the 30-year fixed mortgage rate for Belmont Estates is approximately 7.014% (7.054% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Belmont Estates?

The median home value in Belmont Estates is $403k. The median monthly rent is $1,078. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Belmont Estates?

Home values in Belmont Estates have increased 20.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Belmont Estates?

Based on a typical all-in ownership cost of $1,227/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Belmont Estates is $93k/year.

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What industries drive the economy in Belmont Estates?

The largest employment sectors in Belmont Estates are public administration (26%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.