Balm, Florida Population 2024

5,397

Balm is a city located in Hillsborough County Florida. Balm has a 2024 population of 5,397. Balm is currently declining at a rate of annually and its population has increased by 35.57% since the most recent census, which recorded a population of 3,981 in 2020.

The average household income in Balm is $103,072 with a poverty rate of 4.45%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Balm is 32.8 years, 33.1 years for males, and 31.9 years for females.

Balm Demographics

According to the most recent ACS, the racial composition of Balm was:

  • White: 39.93%
  • Black or African American: 31.76%
  • Other race: 16.03%
  • Two or more races: 9.02%
  • Asian: 3.26%
  • Native American:
  • Native Hawaiian or Pacific Islander:
State
Florida
Land Area (mi²)
10.1 sq mi
Density (mi²)
536.70/sq mi
Growth Since 2020
35.57% (1,416)
The current population of Balm, Florida is 5,397 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 3,981.

Balm, Florida Population 2024

Population by Race

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Race
Population
Percentage (of total)
White2,15539.93%
Black or African American1,71431.76%
Other race86516.03%
Two or more races4879.02%
Asian1763.26%
Native American
Native Hawaiian or Pacific Islander
showing: 7 rows

White

Black or African American

Other race

Two or more races

Asian

Native American

Native Hawaiian or Pacific Islander

Balm Population by Race

Balm Population Pyramid 2024

Balm Median Age

32.8

Total

33.1

Male

31.9

Female

Balm Adults

There are 3,981 adults, (554 of whom are seniors) in Balm.

Balm Age Dependency

57.5

Age Dependency Ratio

16.2

Old Age Dependency Ratio

41.3

Child Dependency Ratio

Balm Sex Ratio

Female2,81852.21%
Male2,57947.79%

Balm Population by Age

Balm Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1,7043.1786.813.2
Married1,0883.6286.613.4
Non Family3491.6697.72.3
Female1683.158119
Male993.5660.639.4
showing: 5 rows

3.48

Average Family Size

3.17

Average Household Size

86.8%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Balm Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Balm Educational Attainment by Sex (over 25)

Balm Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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The highest rate of high school graduation is among black people with a rate of 96.88%.

The highest rate of bachelors degrees is among black people with a rate of 45.37%.

Balm Educational Attainment by Race

All

Male

Female

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$47,021

Average Earnings

$52,780

Average Male

$40,807

Average Female

Balm Earnings by Educational Attainment

Balm Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Balm Language

70.25% of Balm residents speak only English, while 29.75% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 23.97% of the population.

Balm Language

Balm Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White1,8041136.26%
Black1,691995.85%
Multiple487153.08%
Asian176126.82%
showing: 4 rows

4.45%

Overall Poverty Rate

2.6%

Male Poverty Rate

6.15%

Female Poverty Rate

Poverty in Balm

The race most likely to be in poverty in Balm is Asian, with 6.82% below the poverty level.

The race least likely to be in poverty in Balm is Multiple, with 3.08% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was . Among those working part-time, it was 3.31%, and for those that did not work, the poverty rate was 20.46%.

Balm Poverty

rate

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Rate
Poverty
Less Than 9th Grade14.4%
High School9.68%
Some College0.61%
Bachelors or Greater
showing: 4 rows

Balm Poverty Rate by Education

rate

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Rate
Poverty
Male Employed
Male Unemployed
Female Employed
Female Unemployed
showing: 4 rows

Balm Poverty Rate by Employment Status and Sex

Balm Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Balm Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

53.7%

Overall Marriage Rate

57.8%

Male Marriage Rate

49.7%

Female Marriage Rate

Balm Married by Age and Sex

male

female

Balm Marriage

The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 35-44.

Balm Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Balm Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

401

Number of Veterans

368

Male Veterans

33

Female Veterans

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Balm Veterans by War

count

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Balm Veterans by Age

count

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Balm Veterans by Race

Balm Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

5.74%

Veteran Poverty Rate

10.72%

Veteran Disability Rate

Balm Veterans by Education

LaborForceParticipation

72.6%

Labor Force Participation

70.1%

Employment Rate

2.6%

Unemployment Rate

Balm Employment by Age

LaborForceParticipation

Balm Employment by Race

LaborForceParticipation

Balm Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

39.19%

Born in Balm

83.71%

Native Born

16.29%

Foreign Born

9.01%

Non Citizen

7.28%

Naturalized

Place of Birth

83.71% of Balm residents were born in the United States, with 39.19% having been born in Florida. 9.01% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Balm Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20245,397
20235,397
20225,3973516.96%
20215,0461,06526.75%
20203,981-381-8.73%
20194,36261716.48%
20183,7451,08140.58%
20172,66450323.28%
20162,16128114.95%
20151,88019211.37%
20141,68825617.88%
20131,432785.76%
20121,354-36-2.59%
20111,390-67-4.6%
20101,457
showing: 15 rows

Balm Population by Year