B+

Belmont, MI

Source:

Affordability Score: 77/100

Population: 9,244 · 1 ZIP codes

The affordability dashboard for Belmont, MI aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 9,244 residents, then layers in county-level federal data to produce an overall grade of B+ (77/100). The headline inputs are median household income of $115,039, median home value of $373,500, median rent of per month, and 47.7% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,531 per month (studio $1,232, 1BR $1,278, 3BR $1,980, 4BR $2,189). Department of Labor data lists infant center-based childcare at $9,006 per year, consuming 8% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Belmont, MI include income, education, rent, childcare. Unemployment currently reads 3.7% and poverty 5.2% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A
$115,039
Median household income
Education A-
47.7%
Bachelor's degree or higher
Housing C
3.2x
Home value $373,500 vs income
Commute C+
24 min
Average commute time
Rent A
$1,531/mo
2BR fair market rent (16% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare A-
$9,006/yr
Center-based infant care (8% of income)

Income & Employment

Median Income
$115,039
▲ 86% vs national
Per Capita Income
$59,690
Unemployment Rate
3.7%
Poverty Rate
5.2%

Housing

Median Home Value
$373,500
▲ 36% vs national
Median Rent
Owner Occupied
96.0%
2BR Fair Market Rent
$1,531/mo
▲ 28% vs national

Fair Market Rents by Bedroom

Studio
$1,232
1BR
$1,278
2BR
$1,531
3BR
$1,980
4BR
$2,189

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
47.7%
▲ 18 ppt vs national
High School+
68.7%
Median Age
44.9
Avg. Commute
24 min
▼ 2 min vs national

Childcare Costs

Infant (Center)
$9,006/yr
8% of income
Toddler (Center)
$9,006/yr
Preschool (Center)
$7,080/yr
School-Age (Center)
$6,160/yr

What This Means

Belmont, MI receives an overall affordability grade of B+ (77/100), aggregated from 1 ZIP codes with a total population of 9,244. This area performs well in income and education and rent and childcare. Data was unavailable for safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Belmont, MI affordable?
Belmont, MI receives an overall affordability grade of B+ (77/100) based on Census, HUD, FBI, and DOL data. Median household income is $115,039. Median home value is $373,500.
What is the cost of living in Belmont?
Key cost metrics: 2BR fair market rent $1,531/mo. Infant childcare $9,006/yr. Median home value $373,500.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →