Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 65.0 yrs |
|---|---|
| Avg HH Size | 1.79 |
| Below Poverty | 5.7% ▼ 43% below avg |
| College Grads | 26.3% ▼ 32% below avg |
| HS Graduate | 21 (36.8%) |
| Some College | 8 (14%) |
| Associates | 13 (22.8%) |
| Bachelors | 4 (7%) |
| Graduate Degree | 11 (19.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $42,917 ▼ 44% below avg |
|---|---|
| Median Home Value | $104,200 ▼ 63% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Total Housing Units | 59 |
| Vacant Units | 20 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Balfour is a city in North Dakota, located in McHenry County. The city spans 1 ZIP code and is home to approximately 70 residents. It is an older city, with a median age of 65 years.
Economically, Balfour is a working-class community. The median household income of $42,917 is below the national average. Approximately 5.7% of residents live below the poverty line.
The real estate market in Balfour is one of the more affordable housing markets in the country. Median home values stand at $104,200, which is well below the national average. Homeownership is high at 79.5%, typical of suburban and family-oriented communities.
The population of Balfour is moderately educated. 26.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (87.14%).
Balfour, ND offers residents a cost-conscious lifestyle within North Dakota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 58712 | 70 | $42,917 | $104,200 | — | 0.0% | 26.3% | 79.5% |