Balfour

County:: Henderson County
County Seat:: No
Area (mi²):: 1.621
State:: North Carolina

Balfour is a CDP located in Henderson County, North Carolina. Balfour has a 2025 population of 1,131. Balfour is currently declining at a rate of -0.26% annually and its population has decreased by -3.91% since the most recent census, which recorded a population of 1,177 in 2020.

The average household income in Balfour is $90,339 with a poverty rate of 7.77%. The median age in Balfour is 42.5 years: 47 years for males, and 36.8 years for females.

Demographics

The racial composition of Balfour includes 83.39% White, 7.77% other race, and smaller percentages for Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Other race

Two or more races

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	944	83.39%
Other race	88	7.77%
Two or more races	79	6.98%
Black or African American	21	1.86%
Native American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%

Balfour Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Balfour's average per capita income is $30,673. Household income levels show a median of $69,545. The poverty rate stands at 7.77%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$75,966	-
Families	$70,000	$102,774
Households	$69,545	$90,339
Non Families	-	$64,531

$30,673

Average Income

$69,545

Median Household Income

7.77%

Poverty Rate