Total monthly cost of ownership
Cost to Own a Home in Belmont, New Hampshire
A $150,000 home here costs
$1,572per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $67,500 a year.
A standard mortgage calculator would have told you $818. The real number is $754 higher every month, 92% more than the payment most buyers budget for.
Compare Belknap County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Belmont from a five-year rolling sample, and with about 1,257 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Belknap County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Belmont against Belknap County and New Hampshire
| Measure | Belmont | Belknap County |
|---|---|---|
| Median home value | $150,000 | $340,000 |
| Median property tax | $4,233 | $4,897 |
| Effective tax rate | 2.822% | 1.440% |
| Median gross rent | $1,413 | $1,184 |
| Population | 1,257 | 64,300 |
The weather behind that power bill
Belmont sits in Belknap County, which averages a high of 82.1°F in its hottest month and a low of 11.7°F in its coldest, with 45.61" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 529 cooling and 7,102 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Belknap County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Belknap County
Full Belknap County cost breakdown · Every county in New Hampshire
Talk to someone who works this market
These are Belmont averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Belmont every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Belmont I already own here and may sell
Common questions
How much does it cost to own a home in Belmont?
A $150,000 home in Belmont, New Hampshire costs approximately $1,572 per month with 20% down at 7.24%. That is $818 principal and interest, $353 property tax, $37 homeowners insurance, $239 utilities and $125 set aside for maintenance.
What is the property tax rate in Belmont?
Belmont has an effective property tax rate of 2.822%, based on a median home value of $150,000 and median real estate taxes of $4,233. That is higher than the Belknap County average of 1.440%.
What is the average home price in Belmont?
The median owner-occupied home value in Belmont, New Hampshire is $150,000, against $340,000 across Belknap County.
Is it cheaper to rent or buy in Belmont?
Median gross rent in Belmont is $1,413 a month, against $1,572 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Belmont?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Belmont, New Hampshire at today's rate takes a household income of roughly $67,500 a year. That covers the full $1,572 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Belmont, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for New Hampshire.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.