Balm, FL
Population 5,362 · Florida
About Balm, FL
Balm is a small community in Florida with a population of 5,362 residents. The median household income is $104,347 per year, which is above the national average. The median age in Balm is 33.5 years.
Housing in Balm has a median home value of $312,600 and median monthly rent of $1,679. Of the 2,015 total housing units, the majority are owner-occupied, with 1,661 owner-occupied and 260 renter-occupied units.
The unemployment rate in Balm is 7.4% and the poverty rate is 2.7%. 24.2% of residents hold a bachelor's degree or higher. The average commute time is 37.6 minutes.
Cost of Living in Balm, FL
Compared to national averages, Balm has a median household income of $104,347 (39% above the national median of $75,149). Home values average $312,600, which is 28% above the national median. Monthly rent at $1,679 is 44% above the US average of $1,163. Within Florida, Balm's income is 37% above the state average of $75,893, and home values are 12% below the state median of $353,675.
Why Live in Balm, FL?
Balm offers a strong local economy with a median household income of $104,347, well above the national average, and a low poverty rate of 2.7%, better than the national average.
Balm has a population of 5,362 with a median age of 33.5 years. Compare Balm with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Balm
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| White City | 5,373 | $96,042 | $350,800 | Compare |
| Okeechobee | 5,376 | $50,365 | $187,400 | Compare |
| Orangetree | 5,377 | $102,133 | $473,800 | Compare |
| Tice | 5,377 | $54,833 | $185,900 | Compare |
| Rio Pinar | 5,396 | $100,574 | $381,800 | Compare |
| South Pasadena | 5,324 | $51,369 | $319,600 | Compare |
| Cortez | 5,323 | $76,915 | $388,500 | Compare |
| Cocoa West | 5,416 | $32,746 | $135,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Balm
What is the population of Balm, FL?
The population of Balm, FL is 5,362 according to the latest Census data.
What is the median household income in Balm?
The median household income in Balm, FL is $104,347 per year.
What is the median home value in Balm?
The median home value in Balm, FL is $312,600.
What is the average rent in Balm?
The median monthly rent in Balm, FL is $1,679.
What is the unemployment rate in Balm?
The unemployment rate in Balm, FL is 7.4%.