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CITY

Balm

Florida · 7,181 residents · 10.055 sq mi
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Notable rankings
#179Lowest poverty rateof 6,8232.2%
The short version

Balm is significantly wealthier than the US average, with a median household income of $114,659. Population has grown 34% since 2023. 20% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $345,300. At a median age of 32.6, residents skew younger than the country as a whole. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 32.6
US median: 38.9
Less educated
20% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
7,181
+34%since 2023
from 5,362 in 2023
2010 – 2024
Population density
714 / sq mi
+34%since 2023
from 533 / sq mi in 2023
US average: 281
Median age
32.6
−3%since 2023
from 33.5 in 2023
US average: 38.9
Population, 2010 – 2024
7713K4K6K8K201020202024Balm
20247K
201020202024
Age distribution, 2024
Under 57.4%(534)
US avg: 5.6%
5 to 98.2%(590)
US avg: 6%
10 to 149.6%(691)
US avg: 6.4%
15 to 196.4%(461)
US avg: 6.6%
20 to 247.8%(558)
US avg: 6.5%
25 to 3415.8%(1,135)
US avg: 13.7%
35 to 4422.1%(1,587)
US avg: 13.2%
45 to 549.6%(686)
US avg: 12.2%
55 to 648.8%(633)
US avg: 12.7%
65 to 743.4%(247)
US avg: 10.2%
75 to 840.6%(44)
US avg: 5.1%
85 and over0.2%(15)
US avg: 1.9%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02

Income & economy

Median household income
$114,659
+7%inflation adjusted, since 2023
from $104,347 in 2023
US average: $82,259
2010 – 2024
Per capita income
$36,578
−11%since 2023
from $41,257 in 2023
US average: $44,673
Households earning $100K+
82.5%
+12.9 ptssince 2023
from 69.6% in 2023
US average: 53.3%
Poverty rate
2.2%
−0.6 ptssince 2023
from 2.7% in 2023
US average: 12.5%
Income inequality (Gini)
0.279
−15%since 2023
from 0.327 in 2023
US average: 0.476
Workforce by industry, 2024
Information15%
US avg: 10.8%
Wholesale trade13.7%
US avg: 6.9%
Other services11.6%
US avg: 6.7%
Public administration11.6%
US avg: 4.8%
Retail trade7.1%
US avg: 9.9%
Finance & insurance4.3%
US avg: 5.9%
Transportation & warehousing4.2%
US avg: 2.2%
Professional, scientific, technical4.1%
US avg: 5.1%
Arts, entertainment, food2.4%
US avg: 1.9%
Agriculture, forestry, fishing1.9%
US avg: 1.6%
Construction1.9%
US avg: 1.2%
Education & health services0.2%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03

Housing

Median home value
$345,300
+7%inflation adjusted, since 2023
from $312,600 in 2023
US average: $376,019
2010 – 2024
Median gross rent
$2,022
+17%inflation adjusted, since 2023
from $1,679 in 2023
US average: $1,442
Owner-occupied
77.8%
−8.6 ptssince 2023
from 86.5% in 2023
22.2% rent
Vacancy rate
2.8%
−1.9 ptssince 2023
from 4.7% in 2023
US average: 10.0%
Owner cost-burdened
13.1%
−9.7 ptssince 2023
from 22.8% in 2023
US average: 22.9%
Renter cost-burdened
46.6%
+20.9 ptssince 2023
from 25.8% in 2023
US average: 47.4%
Afford Score
3.0
+1%since 2023
from 3.0 in 2023
2010 – 2024
Our index: median home value divided by median household income. Lower is more affordable.
Gentrification Score
19
Our index, 0 to 100. Higher means faster recent growth in incomes, home values, and college degrees.
RELATED:See current rent listings in Balm on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic36.3%(1,948)
Black32.5%(1,742)
Hispanic / Latino24.1%(1,294)
Asian3.2%(173)
Other3.8%(205)
2024
White, non-Hispanic37.3%(2,679)
Black28.6%(2,051)
Hispanic / Latino23.3%(1,673)
Asian7.3%(522)
Other3.6%(256)
Diversity Score
90
+2%since 2023
from 88 in 2023
2011 – 2024
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Section 04 · Origins

Detailed origins & ancestry

Hispanic origin
Guatemalan11.3%(815)
Dominican5.6%(399)
Puerto Rican3.9%(280)
Mexican1.9%(139)
Spaniard0.4%(29)
Panamanian0.2%(11)
Asian origin
Hmong6.4%(458)
Vietnamese0.9%(64)
Ancestry
German8.2%(590)
West Indian6.4%(457)
Haitian5.7%(407)
English5.5%(392)
Irish4.4%(313)
Italian1.6%(118)
French1.5%(105)
American1.3%(91)
Scotch-Irish0.9%(67)
Polish0.8%(57)
Arab0.7%(52)
+ 11 more ancestry groups with data
Lebanese0.7%(52)
Jamaican0.7%(50)
Danish0.4%(26)
Guyanese0.3%(19)
Ethiopian0.3%(18)
Dutch0.2%(17)
Welsh0.2%(12)
British0.2%(11)
Canadian0.1%(8)
Swedish0.1%(7)
RANKED:Largest Central American population · Largest Guatemalan population · Largest German population · Largest Hmong population · Largest West Indian population
Section 05

Education

Bachelor's degree or higher
20.4%
−3.8 ptssince 2023
from 24.2% in 2023
US average: 35.6%
High school or higher
76.5%
−5.2 ptssince 2023
from 81.8% in 2023
US average: 89.6%
Graduate degree
2.6%
−3.1 ptssince 2023
from 5.7% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
36.6 min
−3%since 2023
from 37.6 min in 2023
US average: 26.5
Drive alone to work
67.4%
−6.2 ptssince 2023
from 73.6% in 2023
US average: 68.9%
Carpooled to work
14.3%
−0.3 ptssince 2023
from 14.7% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
15.8%
+4.1 ptssince 2023
from 11.8% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
9.2%
+1.8 ptssince 2023
from 7.4% in 2023
US average: 5.2%
Labor force participation
78.2%
−3.4 ptssince 2023
from 81.6% in 2023
US average: 63.5%
Self-employed
1.9%
−0.6 ptssince 2023
from 2.4% in 2023
US average: 13.1%
Management & professional
32.6%
+4.1 ptssince 2023
from 28.4% in 2023
US average: 42.5%
Section 08

People & community

Male
54.6%
+3.1 ptssince 2023
from 51.5% in 2023
Female
45.4%
−3.1 ptssince 2023
from 48.5% in 2023
Foreign born
24.4%
+1.1 ptssince 2023
from 23.3% in 2023
US average: 14.1%
Veterans
8.7%
+0.6 ptssince 2023
from 8.1% in 2023
US average: 6.2%
With a disability
12.0%
+2.9 ptssince 2023
from 9.1% in 2023
US average: 13.3%
Uninsured
12.4%
+0.8 ptssince 2023
from 11.6% in 2023
US average: 8.4%
Broadband at home
99.4%
+0.9 ptssince 2023
from 98.5% in 2023
US average: 91.0%
English only at home
75.2%
+2.2 ptssince 2023
from 73.0% in 2023
US average: 77.7%
Spanish at home
16.8%
−3.8 ptssince 2023
from 20.6% in 2023
US average: 13.6%
Marital status
Men 15+
Never married47.9%(1,410)
Married48.2%(1,420)
Widowed1.3%(37)
Divorced2.6%(77)
Women 15+
Never married20.7%(502)
Married68.7%(1,664)
Widowed1.2%(30)
Divorced9.3%(226)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
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Frequently asked

How many people live in Balm, Florida?

Balm, Florida has about 7,181 residents according to the 2024 American Community Survey.

What is the median household income in Balm, Florida?

The typical household in Balm, Florida earns about $114,659 a year. Half of households make more than that, and half make less.

Is Balm, Florida expensive?

In Balm, Florida, the median home is worth about $345,300, and the typical rent is about $2,022 a month.

How educated are people in Balm, Florida?

About 20.4% of adults age 25 and over in Balm, Florida hold a bachelor's degree or higher.

What is the poverty rate in Balm, Florida?

About 2.2% of people in Balm, Florida live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Balm, Florida: demographics, income & housing data · CensusEasy