Balaclava, New Zealand

Full City Profile

3.7 /5.0

B+ Good

2,470 Population 11/sq mi density

210 ft Elevation 64 meters

53°F Avg Temperature 12°C

B+

Overall

3.7 / 5.0

Good overall score based on economy, affordability, safety and education

Economy

3.2 / 5.0

$48,800 median income, 5.1% unemployment

Affordability

4.3 / 5.0

$208,000 home value, $1,040/mo rent

Balaclava, New Zealand

At a Glance

Median Income

$48,800

35% below

$49,076 per capita

Home Value

$208,000

26% below

Median Rent

$1,040/mo

11% below

Unemployment

5.1%

41% above

Avg Temperature

53°F

283 sunny days/yr

Is Balaclava a Good Place to Live?

B+

3.7 / 5.0 — Good

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Balaclava residents earn a median household income of $48,800 , which is 35% below the national average of $75,149. Per capita income is $49,076. The unemployment rate stands at 5.1% (41% above the U.S. rate of 3.6%). The area is home to 227 business establishments.

Housing & Cost of Living

The median home value in Balaclava is $208,000 , 26% below the national median of $281,900. Median rent is $1,040/month.

Climate & Weather

Balaclava has an average annual temperature of 53°F (12°C). Winters average 62°F in January while summers reach 45°F in July. The area gets 283 sunny days per year. Annual precipitation totals 34.8 inches.

Data Overview

People

Population2,470

Median Age37.2 yrs

Density11/mi²

Foreign Born27.4%

Economy

Median Income$48,800

Per Capita$49,076

Unemployment5.1%

Poverty

Avg Weekly Wage$944

Housing

Home Value$208,000

Rent$1,040

Ownership64.5%

Housing Units988

Climate

Avg Temp53°F

Sunny Days283/yr

Rain34.8 in/yr

Elevation210 ft

Did You Know?

27.4% of residents are foreign-born.