North Carolina · Metropolitan Area
Balfour is a small town in North Carolina with a population of 1,132. Residents earn $69,545 per year, which is 7% below the national average.
Based on current data, Balfour receives an overall livability score of 4.3 out of 5.0, earning a grade of A. Key strengths include low unemployment, a highly educated population, a low poverty rate. Balfour stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
The median household income in Balfour is $69,545, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 0.0%. Only 3.4% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 16 minutes, shorter than most U.S. cities.
The median home value in Balfour is $294,200, roughly aligned with the national median of $281,900. Renters pay a median of $743 per month, below the national average — a plus for affordability. A price-to-income ratio of 4.2x indicates a reasonably affordable housing market.
Educational attainment is solid, with 40.3% holding a bachelor's degree or higher, near the national average. 93.2% have completed high school. Area schools have an average test score of 5.5/10.
Balfour enjoys a moderate climate with an average annual temperature of 56°F. Winters average 37°F in January while summers reach 74°F in July. Annual precipitation totals 59.1 inches, including 6.7 inches of snow. Air quality is rated Good with a median AQI of 40.
| English Only | 92.1% |
| 17% above US avg | |
| Spanish | 7.9% |
| 41% below US avg |
| Median HH Income | $69,545 |
| 7% below US avg | |
| Per Capita Income | $40,787 |
| Avg Weekly Wage | $1,041 |
| IRS Avg AGI | $74,950 |
| Unemployment | 0.0% |
| 100% below US avg | |
| Poverty Rate | 3.4% |
| 73% below US avg | |
| Establishments (County) | 4,120 |
| County GDP | $6,372M |
| Restaurants | 250 |
| Healthcare | 324 |
| Retail | 407 |
| Manufacturing | 132 |
| Property Tax (IRS) | $3,686 |
| 5% above US avg | |
| Effective Tax Rate | 1.25% |
| Commute Time | 16.1 min |
| Work from Home | 7.4% |
| Census Median | $294,200 |
| 4% above US avg | |
| Median List Price | $330,000 |
| Median List Price | $330,000 |
| $/Sq Ft | $211 |
| Homes Sold | 1 |
| Sale-to-List Ratio | 93.5% |
| Price Drops | 25.0% |
| Inventory | 8 |
| Census Median Rent | $743 |
| 36% below US avg | |
| Rent Burden | 21.4% |
| Studio | $932 |
| 1 Bedroom | $981 |
| 2 Bedrooms | $1,161 |
| 3 Bedrooms | $1,499 |
| 4 Bedrooms | $1,780 |
| Owner-Occupied | 71.4% |
| Avg Tax (IRS) | $3,686 |
| 5% above US avg | |
| Effective Rate | 1.25% |
| Obesity | 29.9% |
| 7% below US avg | |
| Diabetes | 8.8% |
| Heart Disease | 5.0% |
| High Blood Pressure | 29.4% |
| Asthma | 10.3% |
| COPD | 5.4% |
| Stroke | 2.6% |
| Binge Drinking | 16.8% |
| Physical Inactivity | 19.9% |
| Depression | 25.0% |
| Mental Distress | 16.3% |
| Physical Distress | 11.2% |
| Insurance Rate | 87.0% |
| Checkup Rate | 77.6% |
| Premature Death | 8,875/100K |
| Food Environment | 7.5/10 |
| Exercise Access | 72.0% |
| Healthcare Facilities | 324 |
| Fatal Crashes (County/yr) | 10 |
| Annual Average | 56.0°F |
| 4% above US avg | |
| January Average | 37°F (3°C) |
| July Average | 74°F (23°C) |
| Annual Rainfall | 59.1 inches |
| 55% above US avg | |
| Snowfall | 6.7 inches/yr |
| AQI Median | 40.0 |
| Rating | Good |
| Elevation | 2,509 ft (765 m) |
| Area | 1.6 sq mi (4.2 km²) |
| Population Density | 699/sq mi |
| Coordinates | 35.3526°N, 82.4888°W |
| County FIPS | 37089 |
Winner: Republican by 14.6 points
| Bachelor's Degree+ | 40.3% |
| 20% above US avg | |
| High School+ | 93.2% |
| School Test Score | 5.46 |
| RUCC Code 2 | Metro — 250K–1M |
| Population Density | 699/sq mi |
| Total Area | 1.6 sq mi |
| Public Libraries | 6 |
| Healthcare Facilities | 324 |
| Restaurants | 250 |
| Retail Stores | 407 |
| Fatal Crashes (County/yr) | 10 |
| Avg Commute | 16.1 min |
| Work from Home | 7.4% |