Balfour vs Laurel Park

A side-by-side comparison of Balfour and Laurel Park: population, income, housing, and more.

Balfour and Laurel Park are places in North Carolina. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Laurel Park has the higher population (2,391 vs 1,132 in Balfour). Laurel Park has the higher median household income ($89,107 vs $69,545 in Balfour). Laurel Park has the higher median home value ($393,400 vs $294,200 in Balfour).

Population, income & housing

	Balfour	Laurel Park
Population	1,132	2,391
Median age	42.5 yrs	57.9 yrs
Median household income	$69,545	$89,107
Median home value	$294,200	$393,400
Median gross rent	$743	$1,605
Housing units	582	1,332
Homeownership rate	71.4%	89.9%
Bachelor's degree or higher	40.3%	59.8%
Unemployment rate	0.0%	3.3%

Trends (ACS 5-year, 2019–2023)

	Balfour	Laurel Park
Population	1,216 → 1,132 (-6.9%)	2,680 → 2,391 (-10.8%)
Median household income	$32,411 → $69,545 (+114.6%)	$73,598 → $89,107 (+21.1%)
Median home value	$162,800 → $294,200 (+80.7%)	$270,800 → $393,400 (+45.3%)
Median gross rent	$627 → $743 (+18.5%)	$826 → $1,605 (+94.3%)

Balfour

Population

1,2161,132

Median household income

$32,411$69,545

Median home value

$162,800$294,200

Median gross rent

$627$743

Laurel Park

Population

2,6802,391

Median household income

$73,598$89,107

Median home value

$270,800$393,400

Median gross rent

$826$1,605

Age & race/ethnicity

Age distribution (share)

	Balfour	Laurel Park
Under 5	5.9%	1.6%
5 to 17	4.2%	11.4%
18 to 24	2.9%	4.3%
25 to 34	21.7%	6.8%
35 to 44	16.8%	7.9%
45 to 54	11.3%	13.9%
55 to 64	11.7%	12.0%
65 to 74	19.2%	22.8%
75 and over	6.2%	19.2%

Race & ethnicity (share)

	Balfour	Laurel Park
White (non-Hispanic)	83.4%	94.1%
Black or African American	1.9%	0.8%
American Indian & Alaska Native	0.0%	0.2%
Asian	0.0%	1.4%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	5.5%	1.3%
Hispanic or Latino	9.3%	2.3%

Educational attainment (age 25+)

Share of adults 25+

	Balfour	Laurel Park
No high school diploma	6.8%	2.1%
High school graduate	22.5%	12.4%
Some college or associate's	30.4%	25.7%
Bachelor's degree	27.8%	32.5%
Graduate or professional degree	12.5%	27.3%

Commute to work

How workers get to work (share)

	Balfour	Laurel Park
Drove alone	82.1%	83.4%
Carpooled	5.0%	7.2%
Public transit	0.0%	0.0%
Walked	0.0%	0.4%
Bicycle	5.4%	0.0%
Worked from home	7.4%	8.1%
Other means	0.0%	0.8%

Housing

Units in structure (share)

	Balfour	Laurel Park
1-unit, detached	78.5%	63.6%
1-unit, attached	4.3%	17.5%
2 to 4 units	6.4%	11.0%
5 to 19 units	7.0%	6.8%
20 or more units	0.0%	1.1%
Mobile home & other	3.8%	0.0%

Poverty & households

	Balfour	Laurel Park
Poverty rate	7.8%	7.0%
Average household size	2.31	2.18
Mean commute (minutes)	16	24
Median year structure built	1976	1981