Balsam, NC — income, home value, property tax, and sales tax.
With a per-capita income of $30,601, ZIP code 28707 sits in working-class to lower-middle-income territory, well below what you'd need to comfortably carry a $334,000 median home value. The county's 0.34% effective property tax rate softens that gap considerably, producing one of the smallest annual tax bills you'll find on a home at this price point. Sales tax in the Balsam area runs 7.00%, a rate that takes a noticeable bite out of everyday spending when earnings are already stretched. The picture here is a community where housing costs outpace local wages, but low property taxes keep ownership within reach.
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