HomeNorth CarolinaHenderson CountyBalfour CDP
Balfour CDP, North Carolina: commercial real estate data.
Balfour CDP is a Census CDP of 1,134 people across 1.62 square miles of land, in Henderson County. Median household income is $70,116, 78.0 percent of occupied homes are owned.
50 sourced place values · tier FULL · 6 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Balfour
What Balfour is
- Census place typeCDP
- Land area1.62 sq mi
- Water area0 sq mi
- Population per square mile of land700 plus or minus 181
- County holding the largest share of its areaHenderson County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Balfour
How many people live in Balfour
- Population1,134 plus or minus 293
- Median age46.1
- Population under 18123 plus or minus 74
- Share under 1810.8 percent plus or minus 5.9
- Population 65 and over300 plus or minus 113
- Share 65 and over26.5 percent plus or minus 7.3
- Households464 plus or minus 98
- Family households343 plus or minus 86
- Share of households that are families73.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Balfour
Income and work in Balfour
- Median household income$70,116 plus or minus $16,992
- Per capita income$38,093
- Civilian labor force765 plus or minus 202
- Employed765 plus or minus 202
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over1,004 plus or minus 267
- Adults 25 and over with a high school diploma or higher89.9 percent plus or minus 32.9
- Adults 25 and over with a bachelor degree or higher32.2 percent plus or minus 10.0
- Adults 25 and over with a graduate degree5.5 percent plus or minus 4.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Balfour
Housing in Balfour
- Housing units584 plus or minus 150
- Occupied units464 plus or minus 98
- Vacant units120 plus or minus 113
- Vacancy rate20.5 percent plus or minus 18.6
- Owner occupied362 plus or minus 85
- Renter occupied102 plus or minus 50
- Ownership rate78.0 percent
- Median owner-occupied home value$292,600
- Median gross rent, monthly$591 plus or minus $306
- Annual rent as a share of median income10.1 percent plus or minus 5.8
- Single family units536 plus or minus 156
- Share single family91.8 percent
- Units in buildings of two or more28 plus or minus 32
- Share in buildings of two or more4.8 percent plus or minus 5.4
- Mobile homes20 plus or minus 26
- Median year structure built1974
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Balfour
How Balfour gets to work
- Workers 16 and over who commute709 plus or minus 206
- Commuting under 15 minutes260 plus or minus 121
- Share commuting under 15 minutes36.7 percent plus or minus 13.3
- Commuting 30 minutes or more155 plus or minus 80
- Share commuting 30 minutes or more21.9 percent plus or minus 9.4
- Drove alone84.3 percent
- Carpooled5.5 percent plus or minus 4.2
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home6.6 percent plus or minus 5.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Henderson County, not Balfour
Henderson County context, not Balfour figures
These are Henderson County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Balfour measurements.
- Establishments in Henderson County3,085
- Employment at those establishments, Henderson County38,824
- Covered employment, Henderson County44,207
- Average annual pay, Henderson County$54,106
- Average weekly wage, Henderson County$1,041
- Housing units permitted, Henderson County1,610
- Of those, single family, Henderson County988
- County product, 2024, Henderson County$6,371,806,000
- County product change over the prior year, Henderson County6.5 percent
- Average income of an arriving household, Henderson County$95,308
Every figure in this section is published for Henderson County as a whole and is not a measurement of Balfour. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Balfour questions, answered from the record.
How many people live in Balfour, North Carolina?
1,134, in 464 households. Balfour CDP covers 1.62 square miles of land, which is 700 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Balfour in?
Henderson County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Balfour?
$70,116. The median owner-occupied home is valued at $292,600. Median gross rent is $591 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Balfour figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Henderson County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Balfour.
Is zoning published for Balfour?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.