Balm, Florida Population

Balm, Florida has a population of 1,395, with a median household income of $72,000.

Current population data for Balm.

1,395

👥

Population

1,395

💰

Median Income

$72,000

📉

Unemployment

5.50%

🏠

Housing Price

$320,000

🚨

Crime Rate

22.00

🌐

Internet Speed

140.00 Mbps

Balm is a small local community located in Florida. The city has a population that is below the average city population in Florida, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Florida, Balm provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Balm has a population of 1,395, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Balm is $72,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Balm is about $320,000, making it relatively affordable compared to many cities in Florida.

Employment and Safety

The unemployment rate in Balm is 5.50%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Balm are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Florida, Balm shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Florida, Balm contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Balm

What is the population of Balm?

The population of Balm is approximately 1,395.

Is Balm a good place to live?

Balm offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Balm?

The median household income in Balm is around $72,000.

How expensive is housing in Balm?

The average housing price in Balm is approximately $320,000.