Last updated: 2024 BLS data · Page refreshed:
Balm has a population of 7,181 with a median age of 32.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 7,181 |
| Median Age | 32.6 |
| White | 40.7% |
| Black or African American | 28.6% |
| Asian | 7.3% |
| Hispanic or Latino | 23.3% |
The median household income in Balm is $114,659, which is 42.2% above the national median of $80,610. The per capita income is $36,578. The poverty rate is 2.2%.
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In Balm, 76.5% of residents age 25+ have a high school diploma or higher, and 20.4% hold a bachelor's degree or higher (2.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 76.5% |
| Bachelor's Degree or Higher | 20.4% |
| Graduate or Professional Degree | 2.6% |
The median home value in Balm is $345,300, above the national median of $303,400. The median monthly rent is $2,022. The homeownership rate is 77.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $345,300 |
| Median Monthly Rent | $2,022 |
| Homeownership Rate | 77.8% |
| Vacancy Rate | 2.8% |
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