The community is situated at the southwestern shore of Malpeque Bay and its primary industry is agriculture, notably dairy and beef cattle, as well as potato and grain crops.

Author Lucy Maud Montgomery taught at the Belmont School during the early 20th century.

[1] This one room schoolhouse now resides at Avonlea Village in Cavendish, PEI.

Residents of Belmont are largely of English, Scottish, Irish, and French ancestry, with recent immigrants from other backgrounds.

Belmont is also home to Belmont Provincial Park, a day-use park located at Winchester Cape, jutting into the bottom of Malpeque Bay alongside the Grand River, a salt-water estuary of Malpeque Bay.