ZIP Code 33503 — Balm CDP, FL Demographics & Data

ZIP code 33503 covers Balm, FL in Hillsborough County with a population of about 196.

At a glance, the area shows median age of 66.5 versus a U.S. median of about 38.9.

It sits in telephone area codes 656, 813; U.S. House district FL-16; the TAMPA - ST. PETE (SARASOTA) media market.

Balm, FL fits a retirement-oriented profile (high share of residents 65+ (75.5%)). Residents and relocators commonly research healthcare access, everyday amenities (dining, personal services), and housing costs rather than tech or campus life.

Median household income in ZIP 33503 is about $58,125 — about 23% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 7.7%; unemployment rate near 14.8%; 25.5% of adults with a bachelor’s degree or higher (about 8.2 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade and Other services; a mean commute of about 82.0 minutes (U.S. average near 26.8).

Median home value is about $462,500 — about 33% above the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 100.0% (about 34.6 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 33503 in Balm, FL, a household would need roughly $127,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,971. That is about 118% above the local median household income ($58,125), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Balm CDP, FL as Relatively High (composite score 98.8), which is among the highest nationally. The strongest component scores on US5 are hurricane (99.3) and flood (97.8). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Balm CDP, FL show little to no average snow and around 53.6 inches of annual precipitation.

IRS migration statistics show a net inflow of about 9 for ZIP 33503 (Balm CDP, FL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.