<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
unaudited Financial Statements and Financial Highlights of the Registrant for
the period ended June 30, 2000 and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<CIK> 0000076721
<NAME> PAX WORLD BALANCED FUND, INC.
<SERIES>
<NUMBER> 1
<NAME> PAX WORLD BALANCED FUND, INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 863,812
<INVESTMENTS-AT-VALUE> 1,132,210
<RECEIVABLES> 9,283
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 8,689
<TOTAL-ASSETS> 1,150,182
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,518
<TOTAL-LIABILITIES> 1,518
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 816,704
<SHARES-COMMON-STOCK> 48,353
<SHARES-COMMON-PRIOR> 45,499
<ACCUMULATED-NII-CURRENT> 11,092
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (7,918)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 268,398
<NET-ASSETS> 1,148,664
<DIVIDEND-INCOME> 6,903
<INTEREST-INCOME> 9,058
<OTHER-INCOME> 0
<EXPENSES-NET> 5,676
<NET-INVESTMENT-INCOME> 10,285
<REALIZED-GAINS-CURRENT> 60,391
<APPREC-INCREASE-CURRENT> (54,898)
<NET-CHANGE-FROM-OPS> 15,778
<EQUALIZATION> 276
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7,410
<NUMBER-OF-SHARES-REDEEMED> 4,557
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 83,773
<ACCUMULATED-NII-PRIOR> 531
<ACCUMULATED-GAINS-PRIOR> (7,918)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (2)
<GROSS-ADVISORY-FEES> 2,843
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5,811
<AVERAGE-NET-ASSETS> 1,125,162
<PER-SHARE-NAV-BEGIN> 23.40
<PER-SHARE-NII> 0.22
<PER-SHARE-GAIN-APPREC> 0.15
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.01
<PER-SHARE-NAV-END> 23.76
<EXPENSE-RATIO> 0.01
</TABLE>
