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Balm, FL

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.



Overview

Balm is a somewhat small town located in the state of Florida. With a population of 6,541 people and just one neighborhood, Balm is the 256th largest community in Florida. Balm has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Balm, where the median household income is $114,659.00.

Occupations and Workforce

Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Balm is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Balm is a town of service providers, managers, and sales and office workers. There are especially a lot of people living in Balm who work in management occupations (13.45%), sales jobs (8.74%), and personal care services (7.44%).

Also of interest is that Balm has more people living here who work in computers and math than 95% of the places in the US.

A relatively large number of people in Balm telecommute to their jobs. Overall, about 15.84% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Setting & Lifestyle

Balm is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Balm’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.

In Balm, however, the average commute to work is quite long. On average, people spend 36.19 minutes each day getting to work, which is significantly higher than the national average.

As is often the case in a small town, Balm doesn't have a public transportation system that people use for their commute.

Demographics

The percentage of adults in Balm who are college-educated is close to the national average for all communities of 21.84%: 20.43% of the adults in Balm have a bachelor's degree or advanced degree.

The per capita income in Balm in 2022 was $36,578, which is middle income relative to Florida and the nation. This equates to an annual income of $146,312 for a family of four.

Balm is an extremely ethnically-diverse town. The people who call Balm home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Balm residents report their race to be White, followed by Black or African-American. Balm also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 23.30% of the town’s residents. Important ancestries of people in Balm include German, Haitian, English, Irish, and Italian.

Balm also has a high percentage of its population that was born in another country: 24.44%.

The most common language spoken in Balm is English. Other important languages spoken here include Spanish and French.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 56.3% of the households here have four, five, or more cars. That is more cars per household than in 99.9% of the neighborhoods in the nation.

Real Estate

The neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 53.4% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.3% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

In addition, this neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 29 people per square mile living here, this neighborhood is less crowded than 93.0% of America.

Modes of Transportation

Our research reveals that 90.9% of commuters who live in the neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 98.4% of U.S. neighborhoods.

People

The neighborhood is unique for having just 7.5% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 95.4% of America's neighborhoods.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the neighborhood in Balm are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 43.0% of the neighborhoods in America. With 15.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.1% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the neighborhood, 39.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 32.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.0%), and 3.7% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the neighborhood is Spanish, spoken by 56.2% of households. Other important languages spoken here include English and Italian.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the neighborhood in Balm, FL, residents most commonly identify their ethnicity or ancestry as Mexican (49.2%). There are also a number of people of German ancestry (5.1%), and residents who report English roots (4.9%), and some of the residents are also of Swedish ancestry (2.3%), along with some Puerto Rican ancestry residents (2.0%), among others. In addition, 19.6% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 45 minutes and one hour commuting one-way to work (39.5% of working residents), longer and tougher than most commutes in America.

Here most residents (90.9%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
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Educational Expenditures

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