Median Household Income
$70,116 ± $16,992
Median Home Value
$292,600 ± $34,524
Median Gross Rent
$591 ± $306/mo
Per Capita Income
$38,093
Poverty Rate
5.6%
Unemployment Rate
0.0%
Homeownership Rate
78.0%
Bachelor's Degree or Higher
32.2%
Median Age
46.1
Average Commute
17 min
Households
464
Veterans
43
Population Over Time
Balfour shrank 22.0% from 2014 to 2024.
2014
1,453
2016
1,540
2018
1,406
2020
1,177
2022
1,142
2024
1,134
Population by Race & Ethnicity
White
80.6%
Hispanic or Latino
15.5%
Black or African American
0.5%
Asian
0.0%
Nearby Cities in North Carolina
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.