Belmont vs Springfield: Housing
| Belmont | Springfield | |
|---|---|---|
| Median Home Value | $1,159,000 | $245,000 |
| Median Gross Rent | $2,527/mo | $1,144/mo |
| Homeownership Rate | 64.7% | 49.6% |
| Rent as Share of Income | 16.6% | 26.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.