Balsam, NC demographics:
population, income, and more
Balsam population
How many people live in Balsam
Balsam is home to 461 residents, according to the most recent Census data. Gender-wise, 47.9% of Balsam locals are male, and 52.1% are female.
Age demographics
The median age in Balsam is 51, with the population distributed as follows: about 14.8% are children under 15, then 20.6% are in the 15 to 24 age group. Adults between 25 and 44 make up 6.5% of the population, while another 31% fall into the 45 to 64 bracket. Finally, around 27.1% are 65 or older.
Racial makeup
Households in Balsam
A peek inside Balsam households
Balsam has 199 households, with an average of 2 members in each. Of these, 62.8% are families, while the remaining 37.2% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Balsam
The housing landscape of Balsam
Balsam's housing consists of 349 units, with 86% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 14% of the housing landscape.
The age of buildings in Balsam
In Balsam, the median construction year is 1980. About 4.6% of homes were built before the 1940s, with another 7.4% going up by 1949. Most development happened in the second half of the 20th century.
Balsam occupancy rates
Out of the 199 occupied housing units in Balsam, 67.8% are owner-occupied, while 32.2% are lived in by tenants. Meanwhile, 43% of all homes on the local market sit vacant.
Education in Balsam
Balsam education at a glance
About 21.4% of the population in Balsam went to high school, while 8.4% pursued college studies. Another 1.8% earned an associate degree and 28% hold a bachelor’s. Meanwhile, 9.2% went even further, earning a master’s or doctorate.
Income in Balsam
How much people earn in Balsam
The average annual household income in Balsam was $61,719 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +1.9% change from the previous year.
Balsam income by age
Those with someone between 45 and 64 in charge, often well established professionally, earn $41,875 overall. Overall, 87% of the locals in this community live above the poverty line.
Employment in Balsam
Workforce and job types in Balsam
82.4% of the working population are employed in professional or administrative positions, while 17.6% are in hands-on or service-based jobs.
Workforce demographics
Transportation in Balsam
How people get around in Balsam
What is the median and average household income in Balsam by zipcode?
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FAQs about Balsam demographics
What is the total population of Balsam?
What is the gender ratio in Balsam?
- 47.9% males (221 residents)
- 52.1% females (240 residents)
What is the median age in Balsam?
What is the age distribution of the population in Balsam?
- Under 15: 14.8% (68 residents)
- Ages 15-24: 20.6% (95 residents)
- Ages 25-44: 6.5% (30 residents)
- Ages 45-64: 31% (143 residents)
- Over 65: 27.1% (125 residents)
What is the racial and ethnic makeup of Balsam?
- White: 98.7% (455 residents)
- Black or African American: 1.3% (6 residents)
- American Indian and Alaska Native: 0% ( residents)
- Asian: 0% ( residents)
- Native Hawaiian and Other Pacific Islander: 0% ( residents)
- Two or More Races: 0% ( residents)
- Other: 0% ( residents)
What percentage of the population in Balsam are U.S.-born citizens?
How many housing units are there in Balsam?
How many households are in Balsam and what is the average household size?
What is the job market overview for Balsam?
Job types:
- White-collar workers: 82.4% (154 residents)
- Blue-collar workers: 17.6% (33 residents)
Places of employment:
- Self-employed: 0% ( residents)
- Private companies: 54% (101 residents)
- Governmental workers: 46% (86 residents)
- Not-for-profit companies: 0% ( residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.