Belmar is a somewhat small coastal borough (i.e. on the ocean, a bay, or inlet) located in the state of New Jersey. With a population of 5,857 people and six associated neighborhoods, Belmar is the 286th largest community in New Jersey. Belmar home prices are not only among the most expensive in New Jersey, but Belmar real estate also consistently ranks among the most expensive in America.Unlike some boroughs where white-collar or blue-collar occupations dominate the local economy, Belmar is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Belmar is a borough of service providers, managers, and professionals. There are especially a lot of people living in Belmar who work in management occupations (14.22%), food service (10.87%), and office and administrative support (9.83%). Telecommuters are a relatively large percentage of the workforce: 9.42% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Belmar is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery. If knowledge is power, Belmar is a pretty powerful place. 50.04% of the adults in Belmar have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Belmar in 2022 was $66,508, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $266,032 for a family of four. Belmar is a very ethnically-diverse borough. The people who call Belmar home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Belmar residents report their race to be White, followed by Black or African-American. Belmar also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.92% of the borough’s residents. Important ancestries of people in Belmar include Irish, Italian, Polish, German, and English. The most common language spoken in Belmar is English. Other important languages spoken here include Spanish and Slavic languages.
