Balm, FL Profile: Facts & Data

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Balm, Florida - Basic Facts

The Balm Census Designated Place had a population of 5,126 as of July 1, 2019. Balm ranks in the lower quartile for Population Density and the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Balm is located at latitude 27.7595 and longitude -82.2612 in Hillsborough County. The formal boundaries for the Balm Census Designated Place encompass a land area of 10.06 sq. miles and a water area of 0.1 sq. miles. Hillsborough County is in the Eastern time zone (GMT -5). The elevation is 128 feet.

The Balm Census Designated Place (GNIS ID: 2583326) 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.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Balm Census Designated Place is located within Wimauma-Riverview CCD of Hillsborough County.


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  1. Balm 2019 Demographic Data
  2. Growth Rates for Balm (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Balm, FL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Balm, FL Housing Affordability Index is 118
State of Florida Housing Affordability Index is 113
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Balm, FL Wealth Index is 145
State of Florida Wealth Index is 94
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Florida COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 5,126 (100%)
Population in Households 5,126 (100.0%)
Population in Families 4,388 (85.6%)
Population in Group Quarters1 0
Population Density 510
Diversity Index2 73
 

INCOME

Median Household Income $71,944
Average Household Income $94,787
Per Capita Income $33,712
Wealth Index4 145

HOUSING

Total Housing Units 1,700 (100%)
Owner Occupied HU 1,453 (85.5%)
Renter Occupied HU 72 ( 4.2%)
Vacant Housing Units 176 (10.4%)
Median Home Value $318,203
Housing Affordability Index3 118
 

HOUSEHOLDS

Total Households 1,524
Average Household Size 3.36
Family Households 1,214
Average Family Size 4
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 14.57% 2.87%
Households 13.69% 2.76%
Families 13.64% 2.74%
Median Household Income   3.52%
Per Capita Income   3.92%

Balm, FL - Peer Comparisons by Rank and Percentile

The table below compares Balm to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2019 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 # 475 48th
Population Density # 714 22nd
Diversity Index # 131 86th
Median Household Income # 186 80th
Per Capita Income # 292 68th

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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