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Balfour, NC
Full City Profile · North Carolina · Henderson County County
Balfour, NC
At a Glance
How Balfour Compares to the U.S. Average
Each bar shows Balfour's value as a percentage of the national average (100% = U.S. avg)
Is Balfour a Good Place to Live?
Economy & Jobs
Balfour residents earn a median household income of $69,545 , which is 7% below the national average of $75,149. Per capita income is $40,787. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 3.4% of residents live below the poverty line. The area is home to 4,120 business establishments, including 250 restaurants.
Housing & Cost of Living
The median home value in Balfour is $294,200 , 4% above the national median of $281,900. Zillow estimates the typical home at $396,127. Median rent is $743/month, with 21.4% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 1976.
Safety & Crime
Balfour reports 332 violent crimes per 100,000 residents , which is 13% below the national average of 380/100K. Property crime is 4,096/100K.
Education
40.3% of adults in Balfour hold a bachelor's degree or higher (20% above the national average). 93.2% have completed high school. Local schools score 6.3/10 in standardized testing.
Climate & Weather
Balfour has an average annual temperature of 56°F (13°C). Winters average 37°F in January while summers reach 74°F in July. The area gets 301 sunny days per year. Annual precipitation totals 59.1 inches. Air quality is rated Good with a median AQI of 40.