Balm, FL โ€” City Data, Demographics & Statistics

Hillsborough County ยท Florida

๐Ÿงฌ

City DNA

A unique fingerprint for Balm based on 8 key metrics โ€” compared to averages.

PopulationIncomeHome ValueSafetyEducationMedian AgeClimateCost of Living
Balm
National Avg
Florida Avg
Population: 54Income: 70Home Value: 31Safety: 50Education: 23Median Age: 56Climate: 50Cost of Living: 78

Quick Stats

Population

5,362

2023 ACS

Median Income

$104,347

2023

Median Home Value

$312,600

2023

Median Rent

$1,679

2023

Median Age

33.5

Unemployment

7.4%

Cost of Living Index

155.7

100 = national avg

Balm is a city in Hillsborough County, Florida, with a population of 5,362 according to the 2023 American Community Survey. Balm is one of the communities in Florida.

The median household income in Balm is $104,347, and the median home value is $312,600. The cost of living index is 155.7 (where 100 = national average), and the median rent is $1,679 per month. The unemployment rate is 7.4%, and the median age is 33.5 years.

People & Demographics

Source: U.S. Census Bureau ACS (2023)

Population

Total Population

5,362

Male

2,760

51.5%

Female

2,602

48.5%

Median Age

33.5

Age Distribution

Education & Household

Bachelor's or Higher

16.3%

High School or Higher

34.8%

Foreign Born

23.3%

Veterans

6.0%

Married

46.6%

Avg Household Size

2.8

Marital Status by Age

Race & Ethnicity

Diversity Index

0.637

Simpson's Index (0-1)

Largest Group

White

40.8%

Foreign Born

23.3%

White
40.8%
Black
32.5%
Asian
3.2%
Two or More
7.0%
Other
16.6%

Hispanic/Latino Ethnicity

Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.

Hispanic/Latino

24.1%

1,294 people

Not Hispanic/Latino

75.9%

Hispanic/Latino Detail

Source: U.S. Census Bureau ACS (2023)
Mexican
150 (11.6%)
Puerto Rican
297 (23.0%)
Cuban
21 (1.6%)
Dominican
162 (12.5%)
Guatemalan
554 (42.8%)
Other Hispanic
110 (8.5%)

Asian Detail

Source: U.S. Census Bureau ACS (2023)
Filipino
20 (11.6%)
Vietnamese
121 (69.9%)
Pakistani
17 (9.8%)
Thai
15 (8.7%)

Languages Spoken

Total Speakers (5+)

4,862

English Only

73.0%

#1 Non-English Language

Spanish

1,001 speakers

Limited English

9.9%

Language Distribution

Spanish
1,001 (20.6%)
Vietnamese
121 (2.5%)
French/Haitian/Cajun
96 (2.0%)
Other Indo-European
42 (0.9%)
Arabic
21 (0.4%)
Other Languages
18 (0.4%)
Other Asian
15 (0.3%)

English Proficiency

Speaks English Very Well

90.0%

Limited English Proficiency

9.9%

Spanish
34.7% limited English
Vietnamese
72.7% limited English
French/Haitian/Cajun
29.2% limited English
Other Indo-European
50.0% limited English

Veterans & Military

Total Veterans

322

6.0% of population

Disability Rate

42.2%

136 with disability

Veteran Median Income

$57,619

Period of Service

Gulf War (2001+)
43.8%
Gulf War (1990-2001)
22.0%
Vietnam
25.2%

Veteran Age Distribution

18-34
17.4%
35-54
37.9%
55-64
15.2%
65-74
24.5%
75+
5.0%

Male Veterans

287

89.1%

Female Veterans

35

10.9%

Veteran vs Non-Veteran Income

Veteran Income

$57,619

Non-Veteran Income

$42,489

Difference

$15,130

35.6% higher

Disability Status

With Disability

136

Without Disability

186

Disability Rate

42.2%

Ancestry & Heritage

Total Reporting Ancestry

2,437

#1 Ancestry

German

11.9% (637)

#2 Ancestry

Irish

7.6% (408)

#3 Ancestry

English

5.7% (304)

Top 20 Ancestries

Source: U.S. Census Bureau ACS (2023)
German
11.9%
Irish
7.6%
English
5.7%
West Indian
3.6%
American
2.5%
Jamaican
2.3%
Italian
2.1%
Arab
1.6%
French
1.5%
Polish
1.4%
Scotch-Irish
1.2%
Austrian
0.9%
Swiss
0.8%
Danish
0.4%
Sub-Saharan African
0.3%
Portuguese
0.3%
Dutch
0.3%
Welsh
0.2%
European
0.2%
British
0.2%

Families & Households

Total Households

1,921

Family Households

1,395

72.6%

Married Couples

1,149

59.8%

Non-Family Households

526

27.4%

Single Mother Households

148

7.7%

Single Father Households

98

5.1%

Living Alone

443

23.1%

Children Under 18

Total Children

1,268

In Married Couple

1,045

82.4%

With Single Mother

112

8.8%

With Single Father

111

8.8%

Family Income

Median Family Income

$107,991

Married Couple Income

$128,338

Single Mother Income

$58,239

Single Father Income

$100,098

Avg Family Size

2.8

Avg Non-Family Size

4.3

Grandparents w/ Grandchildren

74

Grandparents Responsible

44

Economy

Source: U.S. Census Bureau ACS (2023)

Income Overview

Median Household Income

$104,347

+43% vs national

Per Capita Income

$41,257

+11% vs national

Poverty Rate

2.7%

-80% vs national

Gini Index

0.3273

0 = perfect equality

Unemployment

7.4%

+42% vs national

SNAP Recipients

4.7%

of households

How Balm Compares

Balm vs Similar Cities

Compared to cities with under 10,000 residents. Balm is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

๐Ÿ“Š

Where Do You Stack Up?

Enter your household income to see how you compare to other households in Balm. The median household income here is $104,347.

$

Income Distribution

<$25K
3.2%
$25-50K
16.9%
$50-75K
10.4%
$75-100K
14.4%
$100-150K
35.8%
$150-200K
6.6%
$200K+
12.8%

Employment Snapshot

Unemployment Rate

7.4%

+51% vs FL avg

Labor Force

3,476

Employed

3,186

How People Get to Work

Employment by Sector

Education & Workforce

Bachelor's Degree+

16.3%

of adults 25+

High School Diploma+

34.8%

of adults 25+

Median Age

33.5

Work from Home

11.8%

of workers

Cost of Living

Overall Index

155.7

100 = national avg

+55.7 vs national average

Living Wage (1 Adult)

$68,505

per year

Living Wage (Family of 4)

$161,920

per year

Cost Index by Category

Housing
178.9
Food
129.8
Transportation
159.5
Healthcare
123.8
Utilities
133.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,696

per month

2 Bedroom

$1,977

per month

The median household income in Balm, FL is $104,347, which is 42.5% above the national average of $73,224. Per capita income is $41,257. The poverty rate of 2.7% is lower than the FL state average of 13.5%. The Gini index of income inequality is 0.3273, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 7.4%, compared to the state average of 4.9%. The labor force is 3,476. 16.3% of adults hold a bachelor's degree or higher. About 73.6% of workers drive alone to work. The overall cost of living index is 155.7, which is 55.7% above the national average. Housing costs are above the national average at an index of 178.9. A single adult needs to earn approximately $68,505 per year to cover basic expenses.

Housing & Real Estate

Market SnapshotRedfin โ€” January 2026

Median Sale Price

$275,000

Median List Price

$360,000

Price Per Sq Ft

$146

Days on Market

146

Active Inventory

36

Months of Supply

9.0

Buyer's market

Market CompetitivenessRedfin

Sold Above List

0.0%

Off Market in 2 Weeks

20.0%

Sale-to-List Ratio

97.9%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
20.0%
Listings with Price Drops
38.9%

Price TrendsRedfin

Sale Price โ†“ 22.5%List Price โ†‘ 1.9%Mar 24 โ†’ Jan 26

Market ActivityRedfin

Homes Sold

4

New Listings

15

Pending Sales

10

Homes Sold โ†“ 20.0%New Listings โ†“ 64.3%Pending โ†“ 60.0%Mar 24 โ†’ Jan 26

Price Per Square FootRedfin

Median Sale $/SF

$146

Median List $/SF

$163

Sale $/SF โ†“ 22.8%List $/SF โ†“ 9.4%Mar 24 โ†’ Jan 26

Balm vs Similar CitiesCensus ACS / Redfin

Compared to cities with under 10,000 residents. Balm is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing DataU.S. Census Bureau ACS 2023

Median Home Value

$312,600

Median Rent

$1,679

Total Housing Units

2,015

Vacancy Rate

4.7%

Owner Occupied

86.5%

Renter Occupied

13.5%

Median Property Tax

$4,056

per year

Monthly Cost (w/ Mortgage)

$1,705

Housing Types

Single Family
88.9%
Multi-Family
0.7%
Mobile Home
10.4%

Property TaxU.S. Census Bureau ACS 2023

Median Property Tax

$4,056

per year

Effective Tax Rate

1.30%

of home value

Median Home Value

$312,600

Estimated Mean Tax

$3,598

The effective property tax rate is calculated by dividing the median annual property tax ($4,056) by the median home value ($312,600). In Balm, FL, this works out to an effective rate of 1.30%. This is above the national average of approximately 1.1%.

The current median sale price in Balm, FL is $275,000 according to Redfin data. Homes spend a median of 146 days on the market. 0.0% of homes sold above asking price. The market has 9.0 months of supply. The median price per square foot is $146. The median rent is $1,679 per month (Census ACS). About 86.5% of housing units are owner-occupied. The median year homes were built is 2014. There are 2,015 total housing units. Homeowners pay a median annual property tax of $4,056. The effective tax rate is 1.30%, above the national average.

Crime data is not yet available for Balm. The FBI UCR/NIBRS program does not cover all jurisdictions.

Natural Hazard Risk

Source: FEMA National Risk Index

Risk Score

98.8

Relatively High

Expected Annual Loss

99.0

Score (0-100)

Social Vulnerability

36.4

Score (0-100)

Community Resilience

33.2

Score (0-100)

Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.

Disaster History & Federal Spending

Source: FEMA

Total Declarations

47

Public Assistance

$282.7M

Individual Assistance

$52.4M

Most Common Type

Hurricane

21 declarations

Public Assistance by Category

Total: $310.0M
DisasterTypeDatePA $IA $
Hurricane Milton โ†’HurricaneOct 2024$125.3M$16.0M
Hurricane Milton โ†’HurricaneOct 2024โ€”โ€”
Hurricane Helene โ†’HurricaneSep 2024$2.9M$18.7M
Tropical Storm Helene โ†’Tropical StormSep 2024โ€”โ€”
Hurricane Debby โ†’Tropical StormAug 2024$376K$960K
Tropical Storm Debby โ†’Tropical StormAug 2024โ€”โ€”
Hurricane Idalia โ†’HurricaneAug 2023$8.7M$258K
Tropical Storm Idalia โ†’Tropical StormAug 2023โ€”โ€”
Hurricane Nicole โ†’HurricaneDec 2022$100Kโ€”
Tropical Storm Nicole โ†’Tropical StormNov 2022โ€”โ€”
Hurricane Ian โ†’HurricaneSep 2022$36.0M$7.3M
Tropical Storm Ian โ†’HurricaneSep 2022โ€”โ€”
Tropical Storm Elsa โ†’Severe StormJul 2021$70Kโ€”
Hurricane Eta โ†’HurricaneNov 2020$127Kโ€”
Covid-19 Pandemic โ†’BiologicalMar 2020$40.3M$1.1M
Covid-19 โ†’BiologicalMar 2020โ€”โ€”
Hurricane Dorian โ†’HurricaneAug 2019โ€”โ€”
Hurricane Michael โ†’HurricaneOct 2018โ€”โ€”
Hurricane Irma โ†’HurricaneSep 2017$35.5M$3.7M
Hurricane Irma โ†’HurricaneSep 2017โ€”โ€”

Showing 20 of 52 disasters

PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).

Flood Insurance (NFIP)

Source: FEMA NFIP

Total Claims

18,537

Total Claims Paid

$1,174,202,946

Avg Claim Payout

$63,344

County-level NFIP data from FEMA National Flood Insurance Program.

Hazard Mitigation

Source: FEMA Hazard Mitigation Assistance

Mitigation Projects

26

Federal Funding

$1,346,549

Properties Protected

13

Avg Benefit-Cost Ratio

4.13

BCR

Top Mitigation Project Types

Project TypeProjectsFederal $
205.8: Retrofitting Public Structures - Wind7$255,400
207.2: Mitigation Reconstruction5$641,349
601.2: Generators - Regular3$0
205.8: Retrofitting Public Structures - Wind; 601.2: Generators - Regular3$0
95.1: FMA or CRS Plan2$0

Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.

Balm has a relatively high overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are lightning, tornado, cold wave. The area has had 47 federal disaster declarations. The most common disaster type is hurricane (21 declarations). 18,537 flood insurance claims have been filed in the area. FEMA has obligated $282,695,482 in public assistance recovery funding. $52,408,072 has been distributed in individual assistance to disaster-affected residents. 26 hazard mitigation projects have been funded to reduce future risk.

Health

Community Health

Source: CDC PLACES

Obesity Rate

33.0%

3.1pp below the national average

Depression Rate

16.4%

7.1pp below the national average

Diabetes Rate

12.0%

near the national average

Uninsured Rate

18.2%

7.6pp above the national average

Health Scorecard

Higher scores indicate better health outcomes relative to the national average (50 = average)

Health Outcomes

Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.

High Cholesterol

37.3%

Arthritis

20.2%

Cancer (excl. skin)

5.8%

Teeth Lost (65+)

10.0%

Health Risk Behaviors

Prevention & Screening

Green bars indicate rates above the national average (more preventive care); red indicates below.

Mental Health & Wellbeing

Frequent Mental Distress

17.3%

14+ days in past month

Depression

16.4%

Loneliness

โ€”

Lack of Support

โ€”

Disability Prevalence

Any Disability

29.4%

Mobility

12.6%

Cognitive

14.6%

Hearing

5.2%

Vision

5.8%

Self-Care

3.8%

Independent Living

7.9%

Balm has an obesity rate of 33.0%, which is 3.1pp below the national average. The depression rate is 16.4%, 7.1pp below the national average. About 18.2% of adults lack health insurance. 75.8% of residents had an annual checkup in the past year.

Nearby Hospitals

Source: CMS Hospital Compare

Nearest Hospitals

5

With Emergency Services

5

Avg CMS Rating

2.8 / 5

Nearest Hospital

5.0 mi

Hca Florida South Shore Hospit...

Loading mapโ€ฆ
HospitalDistanceTypeRatingER
Hca Florida South Shore Hospital5.0 miAcute Care Hospitals3/5Yes
Adventhealth Riverview8.5 miAcute Care Hospitalsโ€”Yes
Hca Florida Brandon Hospital10.8 miAcute Care Hospitals2/5Yes
Tampa General Hospital17.4 miAcute Care Hospitals2/5Yes
Hca Florida South Tampa Hospital19.0 miAcute Care Hospitals4/5Yes

Climate & Environment

Greenhouse Gas Emitters

Source: EPA GHGRP (2023)

Facilities Reporting

1

Total COโ‚‚e

149.4K MT

Top Emitter

SOUTHEAST COUNTY LANDFILL

149.4K MT COโ‚‚e

Total COโ‚‚e vs Similar Cities (Under 10,000)

FacilitySectorCOโ‚‚e (MT)
SOUTHEAST COUNTY LANDFILL
Hillsborough County Florida
Waste149,426

Data from EPA Greenhouse Gas Reporting Program (GHGRP). Includes facilities emitting 25,000+ metric tons COโ‚‚e/year.

1 industrial facility reports greenhouse gas emissions totaling 149.4K metric tons of COโ‚‚e.

Infrastructure

Commute Overview2023 ACS

Drive Alone

73.6%

-7% vs national

Work From Home

11.8%

+26% vs national

Carpool

14.7%

How Balm's Commute ComparesCensus ACS 2023

How People Get to WorkCensus ACS 2023

Commute Mode BreakdownCensus ACS 2023

Traffic Fatalities

Source: NHTSA FARS (2022)

Fatalities

1

2022

1-Year Avg

1

fatalities/yr

Pedestrian

1

Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.

Commute data for Balm, FL covers travel times and transportation modes. 73.6% of workers drive alone, compared to the national average of 78.7%. 11.8% work from home, which is below the FL state average of 13.8%. 14.7% of workers carpool. In 2022, there were 1 traffic fatality from 1 fatal crash. 1 was a pedestrian.

Internet & Broadband Access

Source: Census ACS

Broadband Access

98.5%

of households

Cable / Fiber / DSL

93.5%

of households

No Internet

1.5%

of households

Total Households

1,921

Internet Subscription Types

Cable, Fiber, or DSL
93.5%
Cellular Data Plan
87.5%
Satellite
11.9%
Cellular Only (no wired)
2.9%
No Internet Access
1.5%

Device Ownership

Source: Census ACS

Has Computer

100.0%

of households

Smartphone

98.1%

of households

Desktop / Laptop

91.6%

of households

Tablet

70.8%

of households

Any Computing Device
100.0%
Smartphone
98.1%
Desktop / Laptop
91.6%
Tablet
70.8%
Smartphone Only
7.1%

Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).

Electricity Rates

Source: U.S. Energy Information Administration (2024)

Residential Rate

14.1ยข

per kWh

-26% vs Under 10,000 avg

Commercial Rate

11.0ยข

per kWh

-29% vs Under 10,000 avg

Industrial Rate

8.5ยข

per kWh

-28% vs Under 10,000 avg

Avg Monthly Bill

$156

residential

+6% vs Under 10,000 avg

17% below the national average of 17.1ยข/kWh

Residential electricity in Florida averages 14.1ยข per kWh, compared to the national average of 17.1ยข. The average monthly electric bill is $156. State-level averages from EIA Electric Sales & Revenue data (2024).

Balm vs Similar Cities

Source: EIA (2024)

Comparing electricity rates with randomly selected cities of similar population (Under 10,000). Each city represents its state's average rate.

Residential Rate (ยข/kWh)

Commercial Rate (ยข/kWh)

Industrial Rate (ยข/kWh)

Average Monthly Bill

98.5% of households in Balm have broadband internet access. 93.5% have cable, fiber, or DSL service. 1.5% of households have no internet access. 7.1% use only a smartphone without a desktop or laptop.

Politics & Government

County-level data: Election results are reported at the county level. Balm is located in Hillsborough County, FL. Results reflect all voters in the county, not just those in Balm.

Election Overview

Source: Hillsborough County (2024)

2024 Winner

Republican

Dem Votes

321,455

47.8%

GOP Votes

342,017

50.9%

Total Votes

671,981

Margin

R+3.1%

Shift from 2020

R+9.9pp

vs prior election

๐Ÿ“ŠElection Results by Year
2016โ€“2024
๐Ÿ“ˆPartisan Lean Trend
R+3.1%

Election History

Source: County-Level Election Results
YearDem VotesGOP VotesTotalDem %GOP %Margin
2024321,455342,017671,98147.8%50.9%R+3.1
2020376,367327,398712,06352.9%46.0%D+6.9
2016306,422265,928595,07251.5%44.7%D+6.8

In the 2024 presidential election, Hillsborough County recorded 671,981 total votes. Republicans won the county with 50.9% of the vote compared to 47.8% for Democrats, a margin of R+3.1%. Compared to 2020, the margin shifted R+9.9pp from the previous election. Since 2016, Hillsborough County has shifted 9.9 percentage points toward Republicans.

Nonprofits Overview

Source: IRS Exempt Organizations BMF

Total Nonprofits

3

Total Assets

$36K

Total Income

$41K

Per 10K Residents

5.6

nonprofits

-95.8% vs peers avg

Orgs with >$1M Assets

0

Median Assets

$36K

Oldest Active

1969

ruling year

Newest Org

2021

ruling year

Nonprofits by Category

Source: IRS / NTEE Classification
Recreation & Sports
1
Human Services
1

Nonprofit Size Distribution

Source: IRS Exempt Organizations BMF

Number of nonprofits by total asset size

When Were Nonprofits Founded?

Source: IRS Ruling Date

Number of currently active nonprofits by founding decade

Nonprofits per 10K Residents vs Similar Cities

Source: IRS BMF + Census ACS

Compared to cities with population Under 10,000

Largest Nonprofits in Balm

Source: IRS Exempt Organizations BMF
OrganizationCategoryAssetsIncomeEst.IRS
ALEXSTRONG FOUNDATION INCHuman Services$36K$41K2017

Balm, FL has 3 registered 501(c)(3) nonprofit organizations with combined assets of $36K. The most common category is Human Services, with 1 organizations. That works out to 5.6 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1969.

ZIP Code Overview

Source: Census ACS

ZIP Codes

9

Total Population

264,926

Avg Median Income

$90,960

Avg Home Value

$363,489

ZIP Code Details

Source: Census ACS
ZIP CodePopulationMedian IncomeHome ValueMedian RentArea (sq mi)
33503196$58,125$462,500N/A0.6
3353418,018$73,600$274,000$1,36413.2
3354731,268$121,769$477,300$2,114160.6
3356926,613$97,500$330,700$2,16713.9
3357225,045$113,775$430,900$2,05713.1
3357330,820$68,431$270,600$1,95116.8
3357858,474$80,223$298,000$1,76620.8
3357945,373$113,568$374,600$2,10621.6
3359829,119$91,649$352,800$1,27984.2

Balm, FL has 9 ZIP codes with a combined population of 264,926. The average median household income across all ZIP codes is $90,960. The average median home value is $363,489. The average median monthly rent is -$74,072,429.

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