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. Much of the housing stock in Balm was built relatively recently. The construction of new real estate can often be taken as an indication that the local Balm economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Balm, where the median household income is $114,659.00.
Balm is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.84% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
Because of many things, Balm is a great place for families with children to consider. First of all, many other families with children live here, making Balm a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Balm has a high rate of owner-occupied single family homes, which tends to reflect stability in the local 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.
One downside of living in Balm is that it can take a long time to commute to work. In Balm, the average commute to work is 36.19 minutes, which is quite a bit higher than the national average.
Balm is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
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.
Foreign born people are also an important part of Balm's cultural character, accounting for 24.44% of the town’s population.
The most common language spoken in Balm is English. Other important languages spoken here include Spanish and French.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Balm, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the neighborhood have a highly unusual car ownership. 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.
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, unpopulated, and rural, the neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 93.0% of the neighborhoods in America.
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.
NeighborhoodScout's exclusive research revealed that 92.5% of the adult residents in the neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.4% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this 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.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
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.
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.
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.
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.