The size of Balala is approximately 357.2 square kilometres. The population of Balala in 2011 was 319 people. By 2016 the population was 141 showing a population decline of 55.8% in the area during that time. The predominant age group in Balala is 50-59 years. Households in Balala are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Balala work in a managers occupation. In 2011, 72.2% of the homes in Balala were owner-occupied compared with 91.3% in 2016.