The Balfour Census Designated Place had a population of 1,296 as of July 1, 2020.
The primary coordinate point for Balfour is located at latitude 35.3465 and longitude -82.4721 in Henderson County. The formal boundaries for the Balfour Census Designated Place encompass a land area of 1.62 sq. miles and a water area of 0 sq. miles. Henderson County is in the Eastern time zone (GMT -5). The elevation is 2,119 feet.
The Balfour Census Designated Place (GNIS ID: 2402660) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.
|Total Population||1,296 (100%)|
|Population in Households||1,296 (100.0%)|
|Population in Families||995 (76.8%)|
|Population in Group Quarters1||0|
|Median Household Income||$49,151|
|Average Household Income||$55,672|
|% of Income for Mortgage4||15%|
|Per Capita Income||$23,355|
|Total HU (Housing Units)||610 (100%)|
|Owner Occupied HU||363 (59.5%)|
|Renter Occupied HU||161 (26.4%)|
|Vacant Housing Units||86 (14.1%)|
|Median Home Value||$178,597|
|Average Home Value||$190,479|
|Housing Affordability Index3||171|
|Average Household Size||2.47|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||0.18%|
|Per Capita Income||0.75%|
|Owner Occupied HU||1.03%|
The table below compares Balfour to the other 739 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 399||46th|
|Population Density||# 314||58th|
|Median Household Income||# 331||55th|
|Housing Affordability Index||# 236||32nd|
|Per Capita Income||# 436||41st|
|Diversity Index||# 428||42nd|
Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.