Also See Hendersonville, NC: ZIP Codes & Maps
The Balfour CDP(1) had a population of 1,332 as of July 1, 2023.
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 Balfour Census Designated Place 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.
The Balfour Census Designated Place is located within Township of Hendersonville, a minor civil division (MCD) of Henderson County.
POPULATION | |
---|---|
Total Population | 1,332 (100%) |
Population in Households | 1,332 (100.0%) |
Population in Families | 1,021 (76.7%) |
Population in Group Quarters1 | 0 |
Population Density | 820 |
Diversity Index2 | 61 |
INCOME | |
Median Household Income | $57,152 |
Average Household Income | $92,676 |
% of Income for Mortgage4 | 28% |
Per Capita Income | $37,502 |
Wealth Index5 | 87 |
Socioeconomic Status Index6 | High (65.0) |
HOUSING | |
---|---|
Total HU (Housing Units) | 595 (100%) |
Owner Occupied HU | 350 (58.8%) |
Renter Occupied HU | 189 (31.8%) |
Vacant Housing Units | 56 ( 9.4%) |
Median Home Value | $263,725 |
Average Home Value | $371,571 |
Housing Affordability Index3 | 92 |
HOUSEHOLDS | |
Total Households | 539 |
Average Household Size | 2.47 |
Family Households | 314 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.07% | -0.44% |
Households | 0.46% | -0.15% |
Families | -0.65% | |
Median Household Income | 4.14% | |
Per Capita Income | 4.46% | |
Owner Occupied HU | 1.60% |
The table below compares Balfour to the other 776 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2023 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.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 395 | 49th |
Population Density | # 294 | 62nd |
Median Household Income | # 310 | 60th |
Housing Affordability Index | # 215 | 28th |
Per Capita Income | # 208 | 73rd |
Diversity Index | # 263 | 66th |
Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.
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