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CITY · 2020 ACS

Balm

Florida · 6,541 residents · 10.055 sq mi
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The short version

Balm is wealthier than most US places, with a median household income of $83,304. Population has grown 50% since 2019. Median home value is $224,100. At a median age of 33.6, residents skew younger than the country as a whole. Households here earn about 44% more than the Florida median.

At a glance
Wealthier
above the US median
US median: $66,278
Younger
median age 33.6
US median: 38.8
Less educated
26% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
6,541
+50%since 2019
from 4,362 in 2019
2010 – 2024
Population density
651 / sq mi
+50%since 2019
from 434 / sq mi in 2019
US average: 280
Median age
33.6
+3%since 2019
from 32.6 in 2019
US average: 38.8
Population, 2010 – 2024
7713K4K6K8K201020202024Balm
20247K
201020202024
Section 02

Income & economy

Median household income
$83,304
−2%inflation adjusted, since 2019
from $83,993 in 2019
US average: $66,278
2010 – 2024
Per capita income
$28,650
+2%since 2019
from $28,058 in 2019
US average: $35,364
Households earning $100K+
53.4%
+0.4 ptssince 2019
from 53.0% in 2019
US average: 43.9%
Poverty rate
7.6%
−1.8 ptssince 2019
from 9.4% in 2019
US average: 12.8%
Workforce by industry, 2020
Information17.9%
US avg: 11.1%
Other services10.4%
US avg: 6.6%
Public administration9.5%
US avg: 4.7%
Retail trade6.6%
US avg: 10%
Wholesale trade4.4%
US avg: 6.7%
Arts, entertainment, food3.7%
US avg: 2%
Finance & insurance1.8%
US avg: 5.5%
Professional, scientific, technical1.8%
US avg: 4.7%
Transportation & warehousing1.6%
US avg: 2.5%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$224,100
+1%inflation adjusted, since 2019
from $218,500 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$1,703
+10%inflation adjusted, since 2019
from $1,534 in 2019
US average: $1,124
Owner-occupied
91.7%
+2.6 ptssince 2019
from 89.1% in 2019
8.3% rent
Afford Score
2.7
+3%since 2019
from 2.6 in 2019
2010 – 2024
RELATED:See current rent listings in Balm on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic46.6%(2,031)
Black26.4%(1,152)
Hispanic / Latino23%(1,003)
Asian2.4%(103)
Other1.7%(73)
Diversity Score82.5%(3,597)
2020
White, non-Hispanic31%(2,025)
Black28.8%(1,881)
Hispanic / Latino32.4%(2,122)
Asian2.6%(172)
Other1.9%(123)
Diversity Score86.9%(5,684)
Diversity Score
87
+5%since 2019
from 82 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
25.8%
+1.2 ptssince 2019
from 24.6% in 2019
US average: 32.9%
High school or higher
91.3%
Unchangedsince 2019
from 91.4% in 2019
US average: 88.5%
Graduate degree
4.6%
−1.1 ptssince 2019
from 5.7% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
38.1 min
−3%since 2019
from 39.2 min in 2019
US average: 26.9
Drive alone to work
81.4%
+2.3 ptssince 2019
from 79.0% in 2019
US average: 75.1%
No vehicle available
2.5%
+0.1 ptssince 2019
from 2.4% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.6%
−1.6 ptssince 2019
from 4.2% in 2019
US average: 5.4%
Labor force participation
73.0%
−1.0 ptssince 2019
from 74.0% in 2019
US average: 63.4%
Management & professional
29.2%
−1.6 ptssince 2019
from 30.8% in 2019
US average: 39.3%
Section 08

People & community

Male
47.0%
+1.5 ptssince 2019
from 45.5% in 2019
Female
53.0%
−1.5 ptssince 2019
from 54.5% in 2019
Foreign born
9.4%
−0.8 ptssince 2019
from 10.2% in 2019
US average: 13.5%
Uninsured
6.5%
−1.0 ptssince 2019
from 7.5% in 2019
US average: 8.8%
Drill deeper

Places similar to Balm

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Pop 7,020
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Pop 6,084
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Pop 7,067
Odessa
Pop 8,381
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Head to head

Compare Balm to nearby cities

BALM VS
Sun City Center
Income$73,528−12%
Home value$317,000+41%
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BALM VS
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Income$100,438+21%
Home value$384,200+71%
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BALM VS
Wimauma
Income$68,274−18%
Home value$379,000+69%
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BALM VS
Apollo Beach
Income$127,617+53%
Home value$472,700+111%
Population33,355+364%
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Frequently asked

How many people live in Balm, Florida?

Balm, Florida has about 6,541 residents according to the 2020 American Community Survey.

What is the median household income in Balm, Florida?

The typical household in Balm, Florida earns about $83,304 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 $224,100, and the typical rent is about $1,703 a month.

How educated are people in Balm, Florida?

About 25.8% 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 7.6% 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

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