Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.6 yrs |
|---|---|
| Avg HH Size | 2.21 |
| Below Poverty | 7.8% ▼ 22% below avg |
| College Grads | 35.1% ▼ 9% below avg |
| No HS Diploma | 100 (22.5%) |
| HS Graduate | 95 (21.4%) |
| Some College | 25 (5.6%) |
| Associates | 68 (15.3%) |
| Bachelors | 4 (0.9%) |
| Graduate Degree | 152 (34.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $44,813 ▼ 41% below avg |
|---|---|
| Median Home Value | $203,900 ▼ 27% below avg |
| Home/Income Ratio | 4.6x (nat avg ~3.5x) |
| Median Rent | $531/mo |
| Total Housing Units | 404 |
| Vacant Units | 141 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Balsam is a city in North Carolina, located in Jackson County. The city spans 1 ZIP code and is home to approximately 580 residents. It is a mature city, with a median age of 51.6 years.
Economically, Balsam is a working-class community. The median household income of $44,813 is below the national average. Approximately 7.8% of residents live below the poverty line.
The real estate market in Balsam is an affordable housing market. Median home values stand at $203,900, which is below the national average. Renters typically pay around $531 per month. Homeownership is high at 65.8%, typical of suburban and family-oriented communities.
The population of Balsam is moderately educated. 35.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (97.59%).
Balsam, NC offers residents a cost-conscious lifestyle within North Carolina.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 28707 | 580 | $44,813 | $203,900 | $531 | 0.0% | 35.1% | 65.8% |