The Belmont Village Specific Plan (BVSP) adopted in 2017 outlines the City’s plan to strategically revitalize Downtown Belmont in the area surrounding the Caltrain station. One of the Plan's main objectives is to “Catalyze Private Investment through Strategic Public Investment” to create lively and attractive public spaces. 

For detailed data on Belmont's demographics, geography, and economy, please see the US Census Bureau's QuickFacts. Highlights include the following.

Demographics

• Population Growth: Belmont boasts a population of nearly 27,000, a number which has grown nearly 4% in the past decade
• Median Household Income: $156,052
• Median Per Capita Income: $77,301
• Median Home Value: $1,527,500
• Education: An estimated 64.7% of residents have a bachelor's degree or higher

Geography

• Belmont is centrally located on the San Francisco Peninsula about halfway between San Francisco and San Jose
• Convenient access to Highway 101, Highway 82, Interstate 280, and the San Francisco Peninsula commuter rail line Caltrain
• The eastern boarder of the City is near the San Fransisco Bay and Belmont extends west, into the hills

Economy

• Belmont is home to many types of exciting businesses with room for growth
• Downtown Belmont boasts an average daytime population of over 24,000 employees
• Belmont has one of the lowest retail vacancy rates in the area at 1.1%, indicating a high level of demand for retail
• Belmont has lower retail inventory per capita compared to downtown areas of surrounding cities; the low inventory coupled with low vacancy rate presents a unique opportunity for retail development