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Balfour, North Carolina Mortgage and Housing Information
Population: 1,200
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Balfour
Income
| U.S. | North Carolina | Balfour | |
|---|---|---|---|
| Median Earnings | $23,755 | $22,276 | $15,313 |
| Median Earnings, Males | $29,458 | $26,812 | $17,917 |
| Median Earnings, Females | $18,957 | $18,619 | $13,400 |
Males earn $4,517 (33.7%) more than Females in Balfour.
Commuting in Balfour
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 242 |
| Carpooled | 112 |
| Public Transit | 11 |
| Bicycle | 0 |
| Walking | 9 |
| Other Means | 0 |
| Total, Commuted | 374 |
| Worked from home | 17 |
| Total | 391 |
Time Spent Commuting in Balfour
Time spent commuting in Balfour
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 11 |
| 5-9 | 59 |
| 10-14 | 113 |
| 15-19 | 62 |
| 20-24 | 72 |
| 25-29 | 7 |
| 30-34 | 25 |
| 35-39 | 18 |
| 40-44 | 0 |
| 45-59 | 7 |
| 60-89 | 0 |
| Over 90 | 0 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 105 | 24.9% | 97 | 23.0% |
| Associate Degree | 39 | 9.3% | 16 | 3.8% |
| Bachelor's Degree | 38 | 9.0% | 21 | 5.0% |
| Master's Degree | 5 | 1.2% | 11 | 2.6% |
| Professional Degree | 5 | 1.2% | 6 | 1.4% |
| Doctorate Degree | 0 | 0.0% | 0 | 0.0% |
| Total (at least some college) | 192 | 45.6% | 151 | 39.0% |
| Total over 25 | 421 | 100% | 387 | 100% |
Housing in Balfour
Cost of Single-Family Houses
| Median price asked in year 2000 | $137,500 |
|---|
Value of Houses and Condos
| U.S. | North Carolina | Balfour | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $95,800 | $98,700 |
Monthly Owner Costs
| U.S. | North Carolina | Balfour | |
|---|---|---|---|
| With a mortgage | $1,088 | $985 | $709 |
| Without a mortgage | $295 | $254 | $188 |
Tenancy in Balfour
| Owner-occupied homes | 352 |
|---|---|
| Renter-occupied homes | 129 |
| Homes for sale | 5 |
| Homes for rent | 6 |
| Total | 527 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Balfour (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 163 | 54.2% |
| First Mortgage Only | 138 | 45.8% |
| Second Mortgage and/or Home Equity Loan | 0 | 0.0% |
| Total | 301 | 100% |
Age of Balfour Residents
| Males | Females |
|---|---|
| 39 | 44 |
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