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Belmont County, OH

RANK #449 / 996  ·  POP 66,554  ·  OH

PROJECTED GROWTH: +0.9%

Belmont County's economy is holding up, but population decline raises questions about long-term trajectory.

[01] Why Belmont County?

Belmont County, Ohio, named for its "beautiful mountains" in French, is situated in the Appalachian foothills along the Ohio River, bordering West Virginia. The county seat, St. Clairsville, is a charming town, while Martins Ferry stands as the largest city. Interstate 70 runs through the county, offering connections to larger cities, though the average commute time for residents is around 25 minutes. The area is characterized by rolling hills, picturesque farmland, and mature woodlands, providing a backdrop for outdoor recreation. Dysart Woods, a 50-acre tract, features 400-year-old oak trees and is the largest remaining old-growth forest in southeastern Ohio. Barkcamp State Park offers camping, boating, fishing, and hiking around Belmont Lake.

Life in Belmont County often reflects a close-knit, small-town community feel, with many residents owning their homes. The economy is driven by manufacturing, healthcare, and a notable presence in the oil and gas sector, creating diverse job opportunities. Recent economic developments include expansions at an industrial park and new business growth in towns like Bellaire. Educational institutions include Ohio University's Eastern Campus and Belmont College. The county also boasts a lower violent crime and property crime rate compared to the state average, contributing to the overall quality of life.

[02] Market Snapshot

Housing Ratio
3.1x

Undervalued relative to economy

GDP Growth
-2.3%

Contracting economy

Home Prices
+2.8%

Outpacing national median

Climate & Terrain
0.1

Moderate climate & terrain

Price/Rent
14x

Above national median (13x)

Housing looks undervalued at 3.1x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Belmont County U.S. National

The Numbers

DEMOGRAPHICS
Population
66,554
-0.78% YoY
Median Household Income
$56,943
Median Home Value
$130,200
+2.76% 12mo
Median Rent
$754
Average Annual Pay
$49,753
+4.2% YoY
Employment
20,616
-1.8% YoY
Income-to-Home-Value
0.4374
More affordable than average
Migration Inflow
1.88%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$156,000
Days on Market
77
Slower market
Months of Supply
5.1
Buyer's market
Sale-to-List Ratio
92.7%
Negotiation room for buyers
Sold Above List
10.3%
Listings w/ Price Drops
20.8%
Building Permits (2024)
1
Single-Family Permits
1

Source: Redfin · Census BPS — Browse sales on Redfin →

[06] Score Breakdown

GDP Growth -2.3% 2 percentile
Population Growth -0.8% 5 percentile
Income Growth +5.1% 4 percentile
Vacancy Rate 2.2% 6 percentile
Home Price Change +2.8% 69 percentile
Price/Rent 14x 40 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Belmont County, OH a good place to move to?

Belmont County has a Boom Town Index score of 55/100, ranking #449 among 996 U.S. counties. With job growth at -1.8% and a median household income of $56,943, it's an above-average county on economic indicators.

Is Belmont County affordable?

The median home value in Belmont County is $130,200 with median rent at $754/month. The income-to-home-value ratio is 0.4374, which is more affordable than the national average.

Is Belmont County growing or shrinking?

Population growth: -0.8% year-over-year. Job growth: -1.8%. Home values changed +2.8% in the past 12 months.

[08] Similar Metros

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