Median Income
$69,000
8% lower than US avg
Home Value
$130,000
54% lower than US avg
Bachelor's+
11.0%
67% lower than US avg
Median Rent
$645
45% lower than US avg
Unemployment
8.8%
144% higher than US avg
Poverty Rate
11.2%
10% lower than US avg
How Balmoral Compares to the U.S. Average (100% = U.S. avg)
People
Population1,603
Median Age49.6 yrs
Density96/mi²
Male / Female49% / 51%
Largest GroupWhite 98%
Economy
B
Median Income$69,000
Per Capita$44,280
Unemployment8.8%
Poverty11.2%
Commute23 min
Housing
A+
Home Value$130,000
Rent$645
OwnershipN/A
Housing Units720
Rent Burden7.0%
Climate
Avg TempN/A
AQIN/A
Elevation262 ft
Education
D
Bachelor's+11.0%
High School+21.3%
Graduate+1.8%
Is Balmoral a Good Place to Live?
Based on current data, Balmoral receives an overall livability score of 3.3 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment. Balmoral offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Balmoral is $69,000, roughly in line with the national average of $75,149. At 8.8%, unemployment is notably high. 11.2% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 23 minutes.
Cost of Living & Housing
The median home value in Balmoral is $130,000, 54% below the national median — offering relatively affordable homeownership. Renters pay a median of $645 per month, below the national average — a plus for affordability. At just 1.9x median income, home prices are very affordable relative to local earnings.
Education
11.0% of residents hold a bachelor's degree, below the national average of 33.7%. 21.3% have completed high school.
Balmoral has a population of 1,603 with a density of 96 people per square mile. The median age is 49.6 years, 28% older than the national median of 38.9. The city is predominantly White (98.4%).
Population
1,603
Total Population
2021 Census
49.6yrs
Median Age
28% above US avg
Language Spoken at Home
| English Only | 7.5% |
| 90% below US avg |
| Spanish | 90.3% |
| 574% above US avg |
| Other Languages | 2.2% |
The median household income in Balmoral is $69,000, which is 8% below the national average of $75,149. The unemployment rate is 8.8% (above the 3.6% US average). 11.2% of residents live below the poverty line. Workers commute an average of 23 minutes.
Income
| Median HH Income | $69,000 |
| 8% below US avg |
| Per Capita Income | $44,280 |
Employment & Poverty
| Unemployment | 8.8% |
| 144% above US avg |
| Poverty Rate | 11.2% |
| 10% below US avg |
Commute & Transportation
| Commute Time | 22.5 min |
| Drive Alone | 89.1% |
| Public Transit | 0.0% |
| Work from Home | 12.5% |
The median home value in Balmoral is $130,000, 54% below the national average. Monthly rent averages $645 (45% below US avg).
Home Values
| Census Median | $130,000 |
| 54% below US avg |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $645 |
| 45% below US avg |
| Rent Burden | 7.0% |
Ownership & Property
| Owner-Occupied | 82.6% |
| Renter-Occupied | 17.4% |
| Housing Units | 720 |
Property Tax
Health Metrics: Balmoral vs U.S. Average (%)
Behaviors & Mental Health
Healthcare Access
Food & Exercise
Crime Rates: Balmoral vs U.S. Average (per 100,000)
Geography
| Elevation | 262 ft (80 m) |
| Area | 16.7 sq mi (43.3 km²) |
| Population Density | 96/sq mi |
| Coordinates | 47.9726°N, 66.4455°W |
| Timezone | America/Moncton |