Belfast beckons with its unique blend of history, culture, and surprising affordability. Imagine strolling along the vibrant streets, where the average home value sits at a remarkably accessible £175,000, significantly below the UK median. The cost of living is equally enticing, with median rent hovering around £700 per month. This affordability, coupled with a homeownership rate of 63%, makes Belfast a compelling destination for those seeking a balance of lifestyle and financial prudence. The city's charm extends to its people; it's a place where a median household income of £28,800 can go further than in many other UK cities.
From an investment perspective, Belfast presents a compelling case. The unemployment rate is a low 2.9%, suggesting a healthy local economy, and violent crime rates are impressively low, with only 0.5 incidents per 1,000 residents, contributing to a sense of safety. The market caters to both those looking to buy and rent, with a diverse range of housing options, from traditional terraces to modern apartments. Belfast is particularly well-suited for young professionals, families, and retirees seeking a high quality of life without the exorbitant costs of other major European cities.
Beyond the financial aspects, Belfast boasts a remarkable quality of life. The air quality is excellent, with an AQI of 38, ensuring you can breathe easy as you explore the city by foot. The noise level is relatively quiet, creating a serene environment for daily life. With its historic landmarks, thriving arts scene, and friendly atmosphere, Belfast offers a unique cultural experience that is both enriching and accessible.
Belfast, United Kingdom at a Glance
Belfast is a city in United Kingdom with a population of approximately 343,542. The median home value is £175,000 and the median household income is £28,800.. The violent crime rate is 0.5 per 1,000 residents. Air quality is rated Good. Median rent is £700 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
£175,000
Median Income
£28,800
Population
343,542
Walk Score
N/A
Air Quality
AQI 38
Good
Climate Risk
N/A
Good
- Population
- 343,542
- Median Age
- N/A
- Median Household Income
- £28,800
17% below GB avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 20.0%
17% above GB avg
- Median Home Value
- £175,000
39% below GB avg
- Median Rent
- £700
39% below GB avg
- Homeownership Rate
- 63.0%
Near GB avg
- Violent Crime Rate
- 0.5 per 1K
96% below GB avg
- Property Crime Rate
- 0.6 per 1K
98% below GB avg
- AQI
- 38
9% above GB avg
- Category
- Good
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- Quiet
- Road Traffic
- 40 dBA
20% below GB avg
- Aviation
- 22 dBA
37% below GB avg
- Rail
- 22 dBA
37% below GB avg
- Electricity Rate
- £0.30/kWh
Near GB avg
- Est. Monthly Electric
- £90
10% below GB avg
- Unemployment Rate
- 2.9%
31% below GB avg
- Poverty Rate
- 20.0%
17% above GB avg
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