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CITY · 2010 ACS

Balfour

North Carolina · 1,187 residents · 1.621 sq mi
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The short version

Balfour has notably lower household income than the US average, with a median household income of $38,914. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $169,900. Poverty is rare here, at 2.1% of residents.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 39.7
US median: 37.2
Less educated
19% hold a bachelor's degree
US average: 28%
Less affordable
home values up 36%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
1,187
−1%since 2000
from 1,200 in 2000
1990 – 2024
Population density
732 / sq mi
−1%since 2000
from 740 / sq mi in 2000
US average: 261
Median age
39.7
−5%since 2000
from 41.6 in 2000
US average: 37.2
Population, 1990 – 2024
1K1K1K1K2K1990201020202024Balfour
20241K
1990201020202024
Section 02

Income & economy

Median household income
$38,914
+6%inflation adjusted, since 2000
from $28,889 in 2000
US average: $52,703
1990 – 2024
Per capita income
$21,824
+36%since 2000
from $16,010 in 2000
US average: $27,286
Households earning $100K+
14.4%
−1.9 ptssince 2009
from 16.3% in 2009
US average: 33.3%
Poverty rate
2.1%
−3.0 ptssince 2000
from 5.1% in 2000
US average: 13.8%
Income inequality (Gini)
0.337
US average: 0.461
Workforce by industry, 2010
Wholesale trade18.7%
US avg: 7.2%
Retail trade17.1%
US avg: 10.9%
Information14.9%
US avg: 11.5%
Transportation & warehousing6.6%
US avg: 3.1%
Finance & insurance2.1%
US avg: 5.1%
Education & health services2.1%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Professional, scientific, technical0%
US avg: 4.2%
Arts, entertainment, food0%
US avg: 2.4%
Other services0%
US avg: 7%
Public administration0%
US avg: 4.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$169,900
+36%inflation adjusted, since 2000
from $98,700 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$681
+7%inflation adjusted, since 2000
from $504 in 2000
US average: $853
Owner-occupied
53.6%
−19.6 ptssince 2000
from 73.2% in 2000
22.6% rent
Vacancy rate
14.8%
−2.4 ptssince 2009
from 17.2% in 2009
US average: 12.1%
Owner cost-burdened
50.0%
+2.0 ptssince 2009
from 48.0% in 2009
US average: 30.9%
Renter cost-burdened
36.2%
−15.7 ptssince 2009
from 51.9% in 2009
US average: 46.8%
Afford Score
4.4
+28%since 2000
from 3.4 in 2000
1990 – 2024
RELATED:See current rent listings in Balfour on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic86.5%(1,038)
Black4.8%(57)
Hispanic / Latino5.9%(71)
Asian1.6%(19)
Other0%
Diversity Score28.3%(340)
2010
White, non-Hispanic81%(961)
Black3.2%(38)
Hispanic / Latino12%(143)
Asian1%(12)
Other0%(0)
Diversity Score36.2%(430)
Diversity Score
36
+28%since 2000
from 28 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
18.9%
+8.3 ptssince 2000
from 10.6% in 2000
US average: 27.9%
High school or higher
74.0%
+4.9 ptssince 2000
from 69.1% in 2000
US average: 84.9%
Graduate degree
1.5%
−1.9 ptssince 2000
from 3.3% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
25.5 min
+170%since 2000
from 9.4 min in 2000
US average: 25.2
Drive alone to work
85.1%
−1.0 ptssince 2009
from 86.0% in 2009
US average: 76.2%
Carpooled to work
10.2%
−1.0 ptssince 2009
from 11.2% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
2.2%
−0.6 ptssince 2009
from 2.7% in 2009
US average: 4.1%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
4.5%
+2.0 ptssince 2009
from 2.5% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
5.9%
−0.5 ptssince 2009
from 6.4% in 2009
US average: 12.9%
Management & professional
25.0%
−22.8 ptssince 2009
from 47.8% in 2009
US average: 35.2%
Section 08

People & community

Male
47.7%
−4.0 ptssince 2009
from 51.7% in 2009
Female
52.3%
+4.0 ptssince 2009
from 48.3% in 2009
Foreign born
15.5%
+3.4 ptssince 2009
from 12.2% in 2009
US average: 12.8%
Veterans
14.2%
−37.1 ptssince 2009
from 51.3% in 2009
US average: 9.9%
Drill deeper

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Compare Balfour to nearby cities

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Income$53,449+37%
Home value$317,000+87%
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BALFOUR VS
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BALFOUR VS
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Income$54,103+39%
Home value$450,000+165%
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BALFOUR VS
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Income$71,102+83%
Home value$440,000+159%
Population93,523+8147%
SEE FULL COMPARISON →
Frequently asked

How many people live in Balfour, North Carolina?

Balfour, North Carolina has about 1,187 residents according to the 2010 American Community Survey.

What is the median household income in Balfour, North Carolina?

The typical household in Balfour, North Carolina earns about $38,914 a year. Half of households make more than that, and half make less.

Is Balfour, North Carolina expensive?

In Balfour, North Carolina, the median home is worth about $169,900, and the typical rent is about $681 a month.

How educated are people in Balfour, North Carolina?

About 18.9% of adults age 25 and over in Balfour, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Balfour, North Carolina?

About 2.1% of people in Balfour, North Carolina live below the federal poverty line.

Has Balfour, North Carolina grown since 1990?

Yes, Balfour, North Carolina has shrunk since 1990. The population has lost about 5 residents, a change of about -0 percent over that period.

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

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