Balm, FL

Census Place

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2024 Population
7,181
US Senator
Rick Scott
Republican Party
US Senator
Ashley Moody
Republican Party
2024 Median Age
32.6
2.69% 1-year decrease
2024 Poverty Rate
2.15%
20.9% 1-year decrease
2024 Median Household Income
$114,659
9.88% 1-year growth
2024 Median Property Value
$345,300
10.5% 1-year growth
2024 Employed Population
3,776
18.5% 1-year growth

About

None of the households in Balm, FL 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.

82.6% of the residents in Balm, FL are U.S. citizens.

In 2024, the median property value in Balm, FL was $345,300, and the homeownership rate was 77.8%.

Most people in Balm, FL drove alone to work, and the average commute time was 36.6 minutes. The average car ownership in Balm, FL was 2 cars per household.

Population & Diversity

Balm, FL is home to a population of 7.18k people, from which 82.6% are citizens. As of 2024, 24.4% of Balm, FL residents were born outside of the country (1.76k people).

In 2024, there were 1.31 times more White (Non-Hispanic) residents (2.68k people) in Balm, FL than any other race or ethnicity. There were 2.05k Black or African American (Non-Hispanic) and 1.24k Other (Hispanic) residents, the second and third most common ethnic groups.

Citizenship

82.6%
2024 Citizenship
85.9%
2023 Citizenship

As of 2024, 82.6% of Balm, FL residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Balm, FL was 85.9%, meaning that the rate of citizenship has been decreasing.

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

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Race and Ethnicity

The 3 largest ethnic groups in Balm, FL
  1. White (Non-Hispanic)
    2.68k ± 1.28k
  2. Black or African American (Non-Hispanic)
    2.05k ± 1.18k
  3. Other (Hispanic)
    1.24k ± 1.3k
23.3%
Hispanic Population
1.67k people

In 2024, there were 1.31 times more White (Non-Hispanic) residents (2.68k people) in Balm, FL than any other race or ethnicity. There were 2.05k Black or African American (Non-Hispanic) and 1.24k Other (Hispanic) residents, the second and third most common ethnic groups.

23.3% of the people in Balm, FL are hispanic (1.67k people).

The following chart shows the 8 races represented in Balm, FL as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Florida.
Most Common Origin
  1. Cuba
    1,008,771 ± 24,085 people
  2. Haiti
    353,350 ± 14,476 people
  3. Colombia
    307,955 ± 13,528 people

In 2023, the most common birthplace for the foreign-born residents of Florida was Cuba, the natal country of 1,008,771 Florida residents, followed by Haiti with 353,350 and Colombia with 307,955.

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Foreign-Born Population

24.4%
2024 Foreign-Born Population
1.76k people
23.3%
2023 Foreign-Born Population
1.25k people

As of 2024, 24.4% of Balm, FL residents (1.76k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Balm, FL was 23.3%, meaning that the rate has been increasing.

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

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Veterans

Most Common Service Period
  1. Gulf War (2001-)
    300 ± 278
  2. Gulf War (1990s)
    45 ± 82
  3. Vietnam
    35 ± 45

Balm, FL has a large population of military personnel who served in Gulf War (2001-), 6.67 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Balm, FL.

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Economy

The economy of Balm, FL employs 3.78k people. In 2024, the largest industries in Balm, FL were Retail Trade (568 people), Construction (517 people), and Finance & Insurance (438 people), and the highest paying industries were Public Administration ($97,183), Health Care & Social Assistance ($91,482), and Transportation & Warehousing, & Utilities ($90,353).

Occupations

3.78k
2024 Value
± 946
18.5%
1 Year growth
± 28.8%

From 2023 to 2024, employment in Balm, FL grew at a rate of 18.5%, from 3.19k employees to 3.78k employees.

The most common job groups, by number of people living in Balm, FL, are Management Occupations (508 people), Material Moving Occupations (391 people), and Construction & Extraction Occupations (368 people). This chart illustrates the share breakdown of the primary jobs held by residents of Balm, FL.

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Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Florida (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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Employment by Industries

3.78k
2024 Value
± 946
18.5%
1 Year growth
± 28.8%

From 2023 to 2024, employment in Balm, FL grew at a rate of 18.5%, from 3.19k employees to 3.78k employees.

The most common employment sectors for those who live in Balm, FL, are Retail Trade (568 people), Construction (517 people), and Finance & Insurance (438 people). This chart shows the share breakdown of the primary industries for residents of Balm, FL, though some of these residents may live in Balm, FL and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$48,994
Median earning men ± $7,134
$41,787
Median earning women ± $9,234

The industries with the best median earnings for men in 2024 are Educational Services, & Health Care & Social Assistance ($108,491), Public Administration ($96,139), and Agriculture, Forestry, Fishing & Hunting, & Mining ($88,875).

The industries with the best median earnings for women in 2024 are Public Administration ($98,643), Finance & Insurance, & Real Estate & Rental & Leasing ($57,762), and Educational Services, & Health Care & Social Assistance ($53,626).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Florida.
Y-Axis
4.23%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 9.69M people employed in Florida. This represents a 4.23% 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 12.6%.

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

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Civics

In the 2024 presidential election, the popular vote in Florida went to Donald J. Trump with 56.1% of the vote. The runner-up was Kamala Harris (43%), followed by Jill Stein (0.396%).

Rick Scott and Ashley Moody are the senators currently representing the state of Florida. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Florida is currently represented by 26 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

US Senators from Florida

Senatorial voting results are only available at the state level. Showing data for Florida.
Rick Scott
Senator from Florida1
Assumed office on January 8, 2019
Inauguration delayed in order to finish his term as Governor of Florida.
Ashley Moody
Senator from Florida2
Assumed office on January 21, 2025
While elections for full class 3 terms will take place in 2028, Florida will hold a special election in 2026 to elect a senator to complete the remainder of Marco Rubio's term.

Rick Scott and Ashley Moody are the senators currently representing Florida.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Florida over time, excluding special elections, colored by their political party.

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Housing & Living

The median property value in Balm, FL was $345,300 in 2024, which is 1.04 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $312,600 to $345,300, a 10.5% increase. The homeownership rate in Balm, FL is 77.8%, which is higher than the national average of 65.2%.

People in Balm, FL have an average commute time of 36.6 minutes, and they drove alone to work. Car ownership in Balm, FL is approximately the same as the national average, with an average of 2 cars per household.

Property

$345,300
Median Property Value 2024
±$36,207
$1,513
Median Property Taxes
±$482

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 Balm, FL the largest share of households pay taxes in the $3k+ range.

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

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Rent vs Own

77.8%
Homeownership
2024
63.6%
Homeowners with Mortgage
2024

In 2024, 77.8% of the housing units in Balm, FL were occupied by their owner. This percentage declined from the previous year's rate of 86.5%.

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

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$114,659
Median Household Income
± $31,207
1.94k
Number of Households
± 588

In 2024, the median household income of the 1.94k households in Balm, FL grew to $114,659 from the previous year's value of $104,347.

The following chart displays the households in Balm, FL 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 $125k - $150k range.

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Wage Distribution

The closest comparable wage GINI for Balm, FL is from Florida.
0.473
2023 Wage GINI in Florida
0.474
2022 Wage GINI in Florida

In 2023, the income inequality in Florida was 0.473 according to the GINI calculation of the wage distribution. Income inequality had a 0.136% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Florida was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Florida in comparison to the national average.

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

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Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (67.4%)
  2. Worked At Home (15.8%)
  3. Carpooled (14.3%)

In 2024, 67.4% of workers in Balm, FL drove alone to work, followed by those who worked at home (15.8%) and those who carpooled to work (14.3%).

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.

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Commute Time

36.6 minutes
Average Travel Time

Using averages, employees in Balm, FL have a longer commute time (36.6 minutes) than the normal US worker (26.4 minutes). Additionally, 2.19% of the workforce in Balm, FL have "super commutes" in excess of 90 minutes.

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

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Car Ownership

2 cars
Average Number

The following chart displays the households in Balm, FL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Balm, FL have 2 cars.

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Poverty & Diversity

2.15% of the population for whom poverty status is determined in Balm, FL (154 out of 7.15k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 25 - 34, followed by Females 35 - 44 and then Males 16 - 17.

The most common racial or ethnic group living below the poverty line in Balm, FL is Black, followed by Two Or More and White.

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.

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Health

87.6% of the population of Balm, FL has health coverage, with 49.2% on employee plans, 11.7% on Medicaid, 2.94% on Medicare, 17.4% on non-group plans, and 6.29% on military or VA plans.

Primary care physicians in Florida see 1,370 patients per year on average, which represents a 0% change from the previous year (1,370 patients). Compare this to dentists who see 1563 patients per year, and mental health providers who see 459 patients per year.

By gender, of the total number of insured persons, 54.3% were men and 45.7% were women.

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 30.2% under 18 years, 24.8% between 18 and 34 years, 40.7% between 35 and 64 years, and 4.29% over 64 years.

By gender, of the total number of insured persons, 54.3% were men and 45.7% were women.

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

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Uninsured People

12.4%
Uninsured
49.2%
Employer Coverage
11.7%
Medicaid
2.94%
Medicare
17.4%
Non-Group
6.29%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Balm, FL grew by 6.63% from 11.6% to 12.4%.

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

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