
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
Balm is a small city located in the state of Florida. The city has a population of 4,098 people. Balm is known to be an ethnically diverse city. The two most common races are White (55%) and Black or African American (34%). Balm tends to attract a younger crowd, as the median age of 33 is far below the national average. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Balm offers up a higher than average one way commute time of 38 minutes.
Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Balm could be a positive experience compared to other cities in Florida if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. The best areas in Balm and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, commute, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Florida and national averages.
Balm, FL receives 63 out of 100 for its livability score; this results in a ranking of #719 in Florida and #14,207 in the USA. For each of the livability categories, we know that Balm ranks very well for crime (A+), cost of living (A-), employment (A+) and housing (A+). Regrettably for Balm, there are some categories for which it does not rank well, this includes: amenities (F) and education (F).
The Balm unemployment rate of 2% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Finding affordable real estate and housing in Balm can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Balm is actually affordable. Median real estate prices in Balm come in at $397,849, which is 32.8% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Balm, the home price to income ratio is 3.2, which is 23.8% lower than the Florida average.
| Statistic | Balm | Florida | National |
| Average one way commute | 38min | 27min | 26min |
| Workers who drive to work | 81.4% | 79.5% | 76.4% |
| Workers who carpool | 15.2% | 9.3% | 9.3% |
| Workers who take public transit | 0.0% | 2.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.0% | 1.5% | 2.8% |
| Working from home | 3.4% | 5.4% | 4.6% |