Average Federal Income Tax Rate
Belmont is located in Ontario. In Belmont the majority of the population are Married (and not separated) and have children living at home between the ages of 6 to 14 years. The top three occupations people in Belmont are in employed in are Trades, transport and equipment operators and related occupations, Sales and service occupations and Management occupations. The average personal gross income in Belmont is $42,877 per year while the average after-tax income is $37,178 which means the average personal income tax rate is 13.29%. Most of the population in Belmont lives in Single-detached house and the average home value is $257,547. The majority of the homes in Belmont were constructed 1960 or before. The the most predominant religious faith is Christian. The majority of the population who live in Belmont are Canadian citizens. The most common non-official languages spoken in Belmont are German, Dutch and Spanish. The most predominant continent of origin for most migrants to Belmont is Europe.