HomeMaineWaldo CountyBelfast
Belfast, Maine: commercial real estate data.
Belfast is a Census city of 6,986 people across 34.05 square miles of land, in Waldo County. Median household income is $67,679, 68.5 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $1.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Belfast
What Belfast is
- Census place typecity
- Land area34.05 sq mi
- Water area4.32 sq mi
- Population per square mile of land205
- County holding the largest share of its areaWaldo County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Belfast
How many people live in Belfast
- Population6,986
- Median age60.6
- Population under 18993 plus or minus 269
- Share under 1814.2 percent plus or minus 3.9
- Population 65 and over2,729
- Share 65 and over39.1 percent
- Households3,400
- Family households2,055
- Share of households that are families60.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Belfast
Income and work in Belfast
- Median household income$67,679
- Per capita income$48,291
- Civilian labor force2,602
- Employed2,586
- Unemployed16 plus or minus 27
- Unemployment rate0.6 percent plus or minus 1.0
- Adults 25 and over5,715
- Adults 25 and over with a high school diploma or higher92.6 percent
- Adults 25 and over with a bachelor degree or higher42.9 percent
- Adults 25 and over with a graduate degree21.4 percent plus or minus 5.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Belfast
Housing in Belfast
- Housing units4,300
- Occupied units3,400
- Vacant units900 plus or minus 274
- Vacancy rate20.9 percent plus or minus 6.2
- Owner occupied2,330
- Renter occupied1,070 plus or minus 248
- Ownership rate68.5 percent
- Median owner-occupied home value$340,900
- Median gross rent, monthly$962
- Annual rent as a share of median income17.1 percent
- Single family units2,545
- Share single family59.2 percent
- Units in buildings of two or more1,295 plus or minus 350
- Share in buildings of two or more30.1 percent plus or minus 7.8
- Mobile homes460 plus or minus 197
- Median year structure built1967
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Belfast
How Belfast gets to work
- Workers 16 and over who commute2,254
- Commuting under 15 minutes1,039 plus or minus 304
- Share commuting under 15 minutes46.1 percent plus or minus 11.4
- Commuting 30 minutes or more607 plus or minus 231
- Share commuting 30 minutes or more26.9 percent plus or minus 9.4
- Drove alone76.5 percent
- Carpooled5.4 percent plus or minus 4.6
- Public transport0.8 percent plus or minus 1.8
- Walked4.6 percent plus or minus 3.5
- Worked from home12.0 percent plus or minus 6.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Belfast
SBA loans in Belfast (7(a))
- Approvals6
- Gross approval$1,337,000
- Average approval$222,833
- Median approval$274,000
- Largest approval$360,000
- Jobs supported70
- Jobs per approval11.7
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
Counted by borrower city: approvals to borrowers whose address is in Belfast, in any county, FY2020 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Belfast
SBA loans in Belfast (504)
- Approvals9
- Gross approval$4,667,000
- Average approval$518,556
- Median approval$255,000
- Largest approval$1,627,000
- Jobs supported48
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Belfast, in any county, FY2010 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Belfast
Flood risk in Belfast
- NFIP communityCity of Belfast
- NFIP community number230129
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/06/15
The City of Belfast participates in the National Flood Insurance Program as community 230129 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Waldo County, not Belfast
Waldo County context, not Belfast figures
- Establishments in Waldo County1,003
- Covered employment, Waldo County11,273
- Average annual pay, Waldo County$54,674
- Housing units permitted, Waldo County145
Every figure in this section is published for Waldo County as a whole and is not a measurement of Belfast.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Belfast questions, answered from the record.
How many people live in Belfast, Maine?
6,986, in 3,400 households. Belfast city covers 34.05 square miles of land, which is 205 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Belfast in?
Waldo County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Belfast?
$67,679. The median owner-occupied home is valued at $340,900. Median gross rent is $962 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Belfast businesses?
6 7(a) approvals totaling $1.3 m since FY2020, across 4 lenders, median approval $274,000, plus 9 504 approvals worth $4.7 m since FY2010. These count approvals to borrowers whose address is in Belfast, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Belfast borrowers get paid back?
No rate is published for Belfast. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Belfast in the National Flood Insurance Program?
Yes. Belfast appears in the FEMA Community Status Book as Belfast, city of, community 230129, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Belfast figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Waldo County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Belfast.
Is zoning published for Belfast?
No. Nothing on this page presents parcel level zoning.
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