What is the median household income in Balfour CDP?

The median household income in Balfour CDP is $69,545, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the poverty rate in Balfour CDP?

The poverty rate in Balfour CDP is 3.4%, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the median home value in Balfour CDP?

The median home value in Balfour CDP is $294,200, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the average rent in Balfour CDP?

The median gross rent in Balfour CDP is $743 per month, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the unemployment rate in Balfour CDP?

The unemployment rate in Balfour CDP is 0.0%, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

Balfour CDP, North Carolina

City

Population: 1,132 (2023 estimate)

Located in North Carolina , North Carolina

Census Bureau data for Balfour CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Balfour CDP

What is the median household income in Balfour CDP?: The median household income in Balfour CDP is $69,545 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Balfour CDP?: The poverty rate in Balfour CDP is 3.4% (U.S. Census Bureau ACS 2023).
What is the median home value in Balfour CDP?: $294,200 (U.S. Census Bureau ACS 2023).
What is the average rent in Balfour CDP?: The median gross rent in Balfour CDP is $743 per month (U.S. Census Bureau ACS 2023).
What percentage of Balfour CDP residents have a college degree?: 40.3% of adults in Balfour CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).

Population

1,132

Median Income

$69,545

Median Home Value

$294,200

Poverty Rate

3.4%

Unemployment (ACS 2023)

0.0%

Median Age

42.0 yrs

Since 2019 Median Income: +$37,134 (+114.6%) Home Value: +$131,400 (+80.7%) Bachelor's+: +6.3 pp (+18.5%)

Demographics

Total Population 1,132

Median Age 42.0

Female 48.7%

Race & Ethnicity

Hispanic or Latino 9.3% White (non-Hisp.) 83.4% Black 1.9% Two or More 7.0% Other 7.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $69,545 ±$17,835

-$359 vs. state

Per Capita Income $69,568

Median Family Income $70,000

Poverty Rate 3.4%

-6.0 pp vs. state

Child Poverty Rate 12.6%

Working-Age Poverty Rate —

SNAP Recipients 9.0%

Social Security Income —

Retirement Income 26.9%

Household Income Distribution

< $10k

4.5%

$10–15k

6.7%

$15–25k

1.6%

$25–35k

2.9%

$35–50k

18.8%

$50–75k

19.4%

$75–100k

14.5%

$100–150k

17.1%

$150–200k

8.8%

$200k+

5.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 582

Owner-Occupied 71.4%

Renter-Occupied 28.6%

Vacancy Rate 15.8%

Median Home Value $294,200

+$34,800 vs. state

Median Gross Rent $743

Owner Cost Burden (30%+) 19.3%

Renter Cost Burden (30%+) 36.4%

Home Value Distribution

< $50k

2.3%

$50–100k

3.7%

$100–200k

6.6%

$200–300k

34.9%

$300–500k

36.3%

$500k–$1M

11.4%

Gross Rent Distribution

< $500

16.7%

$500–1k

77.3%

$1–1.5k

6.1%

Vehicle Availability

No vehicle

1.4%

1 vehicle

42.9%

2 vehicles

27.6%

28.2%

Housing Type

Single-fam. det.

78.5%

Single-fam. att.

4.3%

5–19 units

1.9%

Mobile home

3.8%

Housing Age

1940–1969

7.6%

1970–1999

23.7%

2000–2009

17.4%

2010+

3.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 93.2%

Bachelor's or Higher 40.3%

+5.6 pp vs. state

Graduate Degree 12.5%

Some College / Associate 20.0%

Less Than High School 4.1%

Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 76.6%

Unemployment Rate 0.0%

-4.8 pp vs. state

Work from Home 7.4%

Self-Employed 11.6%

Government Workers 26.3%

Private For-Profit 60.3%

Industry

Edu/Health

35.3%

Arts/Entmt.

7.7%

Wholesale

7.4%

Prof. Services

6.4%

Manufacturing

5.3%

Agriculture

4.9%

Retail

4.7%

Public Admin

4.5%

Finance

4.4%

Construction

3.5%

Transportation

1.9%

Occupation

Management

42.5%

Sales

27.3%

Food Prep

13.6%

Construction

12.3%

Production

4.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 16.1 min

Drove Alone 82.1%

Carpool 5.0%

Public Transit 0.0%

Work from Home 7.4%

Walked 0.0%

Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 490

Avg. Household Size 2.00

Avg. Family Size —

Married-Couple Households 52.0%

Single-Mother Households —

Single-Father Households —

Living Alone —

Households with Children 13.3%

Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5

5.9%

5–9

0.8%

10–14

3.4%

20–24

2.9%

25–34

21.7%

35–44

16.8%

45–54

11.3%

55–64

6.3%

65–74

5.5%

75–84

19.2%

85+

5.8%

Under 18: 10.2% Working age (18–64): 89.8% 65 and over: 25.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 14.0%

Naturalized Citizen 49.7%

Speaks English Less Than Very Well 11.7%

Foreign-Born Origin

Latin America

55.3%

Europe

44.7%

Veterans & Disability

Veteran 3.2%

With a Disability 17.2%

Cognitive Difficulty —

Ambulatory Difficulty —

Health Insurance

Insured 87.3%

Uninsured 12.7%

Employer Insurance —

Medicaid —

Medicare —

Technology & Mobility

Broadband Internet 94.1%

Has a Computer 95.3%

Same House 1 Year Ago 83.8%

Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured