Balfour, NC

Census Place

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2023 Population

1,132

0.876% 1-year decline

US Senator

Thom Tillis

Republican Party

US Senator

Ted Budd

Republican Party

2023 Median Age

42.5

13.3% 1-year increase

2023 Poverty Rate

7.77%

14.6% 1-year decrease

2023 Median Household Income

$69,545

0.141% 1-year decline

2023 Median Property Value

$294,200

4.22% 1-year growth

2023 Employed Population

779

9.26% 1-year growth

About

In 2023, Balfour, NC had a population of 1.13k people with a median age of 42.5 and a median household income of $69,545. Between 2022 and 2023 the population of Balfour, NC declined from 1,142 to 1,132, a −0.876% decrease and its median household income declined from $69,643 to $69,545, a −0.141% decrease.

The 5 largest ethnic groups in Balfour, NC are White (Non-Hispanic) (83.4%), Other (Hispanic) (7.77%), Two+ (Non-Hispanic) (5.48%), Black or African American (Non-Hispanic) (1.86%), and Two+ (Hispanic) (1.5%).

None of the households in Balfour, NC reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

92.9% of the residents in Balfour, NC are U.S. citizens.

In 2023, the median property value in Balfour, NC was $294,200, and the homeownership rate was 71.4%.

Most people in Balfour, NC drove alone to work, and the average commute time was 16.1 minutes. The average car ownership in Balfour, NC was 1 car per household.

United States North Carolina Henderson County, NC Asheville, NC Henderson & Transylvania Counties PUMA, NC

Population & Diversity

Balfour, NC is home to a population of 1.13k people, from which 92.9% are citizens. As of 2023, 14% of Balfour, NC residents were born outside of the country (159 people).

In 2023, there were 10.7 times more White (Non-Hispanic) residents (944 people) in Balfour, NC than any other race or ethnicity. There were 88 Other (Hispanic) and 62 Two+ (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

92.9%

2023 Citizenship

94.4%

2022 Citizenship

As of 2023, 92.9% of Balfour, NC residents were US citizens, which is lower than the national average of 93.4%. In 2022, the percentage of US citizens in Balfour, NC was 94.4%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Balfour, NC compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Balfour, NC

White (Non-Hispanic)
944 ± 297
Other (Hispanic)
88 ± 93
Two+ (Non-Hispanic)
62 ± 64.5

9.28%

Hispanic Population

105 people

9.28% of the people in Balfour, NC are hispanic (105 people).

The following chart shows the 7 races represented in Balfour, NC as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for North Carolina.

Most Common Origin

Mexico
214,508 ± 11,254 people
India
79,868 ± 6,912 people
Honduras
39,759 ± 4,886 people

In 2022, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 214,508 North Carolina residents, followed by India with 79,868 and Honduras with 39,759.

Foreign-Born Population

14%

2023 Foreign-Born Population

159 people

8.76%

2022 Foreign-Born Population

100 people

As of 2023, 14% of Balfour, NC residents (159 people) were born outside of the United States, which is higher than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Balfour, NC was 8.76%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Balfour, NC compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
22 ± 38
Gulf War (2001-)
0 ± 24
Gulf War (1990s)
0 ± 20

Balfour, NC has a large population of military personnel who served in Vietnam, NaNy times greater than any other conflict.

Economy

The economy of Balfour, NC employs 779 people. The largest industries in Balfour, NC are Health Care & Social Assistance (138 people), Educational Services (137 people), and Other Services, Except Public Administration (109 people), and the highest paying industries are Professional, Scientific, & Technical Services ($57,222), Professional, Scientific, & Management, & Administrative & Waste Management Services ($55,556), and Manufacturing ($44,417).

Males in North Carolina have an average income that is 1.31 times higher than the average income of females, which is $57,464. The income inequality in North Carolina (measured using the Gini index) is 0.47, which is lower than than the national average.

Employment

Occupations

779

2023 Value

± 198

9.26%

1 Year growth

± 33.4%

From 2022 to 2023, employment in Balfour, NC grew at a rate of 9.26%, from 713 employees to 779 employees.

The most common job groups, by number of people living in Balfour, NC, are Education Instruction, & Library Occupations (157 people), Sales & Related Occupations (121 people), and Office & Administrative Support Occupations (92 people). This chart illustrates the share breakdown of the primary jobs held by residents of Balfour, NC.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in North Carolina (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

779

2023 Value

± 198

9.26%

1 Year growth

± 33.4%

From 2022 to 2023, employment in Balfour, NC grew at a rate of 9.26%, from 713 employees to 779 employees.

The most common employment sectors for those who live in Balfour, NC, are Health Care & Social Assistance (138 people), Educational Services (137 people), and Other Services, Except Public Administration (109 people). This chart shows the share breakdown of the primary industries for residents of Balfour, NC, though some of these residents may live in Balfour, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$33,859

Median earning men ± $6,133

$27,930

Median earning women ± $12,025

The industries with the best median earnings for men in 2023 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($57,083), Educational Services, & Health Care & Social Assistance ($33,981), and Construction ($33,750).

The industries with the best median earnings for women in 2023 are Retail Trade ($21,250) and Educational Services, & Health Care & Social Assistance ($19,714).

Employment by Industry Sector

Data is only available at the state level. Showing data for North Carolina.

Y-Axis

3.04%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 4.86M people employed in North Carolina. This represents a 3.04% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.9%.

The following chart shows monthly employment numbers for each industry sector in North Carolina.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for North Carolina.

Measure

In 2022, 0.944% of men over 25 years of age had not completed any academic degree (no schooling), while 0.805% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for North Carolina.

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (2.16M), Some college (1.84M), and Bachelors Degree (1.63M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Balfour, NC was $294,200 in 2023, which is 0.97 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $282,300 to $294,200, a 4.22% increase. The homeownership rate in Balfour, NC is 71.4%, which is approximately the same as the national average of 65%.

People in Balfour, NC have an average commute time of 16.1 minutes, and they drove alone to work. Car ownership in Balfour, NC is lower than the national average, with an average of 1 car per household.

Housing

Property

$294,200

Median Property Value 2023

±$37,928

$350

Median Property Taxes

±$111

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Balfour, NC the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Balfour, NC compared to it's parent and neighbor geographies.

Rent vs Own

71.4%

Homeownership

2023

66.8%

Homeowners with Mortgage

2023

In 2023, 71.4% of the housing units in Balfour, NC were occupied by their owner. This percentage grew from the previous year's rate of 68.1%.

This chart shows the percentage of owner in Balfour, NC compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

Census Tract 9309

Highest Median Household Income (Total)

The following map shows all of the places in Balfour, NC colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$69,545

Median Household Income

± $17,835

490

Number of Households

± 135

In 2023, the median household income of the 490 households in Balfour, NC declined from $69,545 from the previous year's value of $69,643.

The following chart displays the households in Balfour, NC distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $25k - $30k range.

Wage Distribution

The closest comparable wage GINI for Balfour, NC is from North Carolina.

0.47

2022 Wage GINI in North Carolina

0.47

2021 Wage GINI in North Carolina

In 2022, the income inequality in North Carolina was 0.47 according to the GINI calculation of the wage distribution. Income inequality had a 0.0732% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.478. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

This chart shows the number of workers in North Carolina across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (82.1%)
Worked At Home (7.37%)
Bicycle (5.43%)

In 2023, 82.1% of workers in Balfour, NC drove alone to work, followed by those who worked at home (7.37%) and those who used a bicycle to get to work (5.43%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

16.1 minutes

Average Travel Time

Using averages, employees in Balfour, NC have a shorter commute time (16.1 minutes) than the normal US worker (26.6 minutes). Additionally, 0% of the workforce in Balfour, NC have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Balfour, NC compares to that of it's neighboring and parent geographies.

Car Ownership

1 car

Average Number

The following chart displays the households in Balfour, NC distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Balfour, NC have 1 car.

Poverty

Poverty & Diversity

7.77% of the population for whom poverty status is determined in Balfour, NC (88 out of 1.13k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Males 55 - 64, followed by Males 35 - 44 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Balfour, NC is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

87.3% of the population of Balfour, NC has health coverage, with 39.6% on employee plans, 15.8% on Medicaid, 19.3% on Medicare, 11.6% on non-group plans, and 1.06% on military or VA plans.

Primary care physicians in Henderson County, NC see 1139 patients per year on average, which represents a 4.78% increase from the previous year (1087 patients). Compare this to dentists who see 1645 patients per year, and mental health providers who see 407 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Henderson County, NC.

1,139 to 1

Patient to Primary Care Physician Ratio in Henderson County, NC

Primary care physicians in Henderson County, NC see an average of 1,139 patients per year. This represents a 4.78% increase from the previous year (1,087 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Henderson County, NC in comparison to its neighboring geographies.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 10.2% under 18 years, 24.6% between 18 and 34 years, 39.8% between 35 and 64 years, and 25.4% over 64 years.

By gender, of the total number of insured persons, 51.6% were men and 48.4% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

12.7%

Uninsured

39.6%

Employer Coverage

15.8%

Medicaid

19.3%

Medicare

11.6%

Non-Group

1.06%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Balfour, NC declined by 1.84% from 13% to 12.7%.

The following chart shows how the percent of uninsured individuals in Balfour, NC changed over time compared with the percent of individuals enrolled in various types of health insurance.

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