Pogozhya Balka (Russian: Погожья Балка) is a rural locality (a khutor) in Nezhinskoye Rural Settlement, Olkhovsky District, Volgograd Oblast, Russia.

[3] Pogozhya Balka is located in steppe, on the Volga Upland, 28 km northwest of Olkhovka (the district's administrative centre) by road.

Nezhinsky is the nearest rural locality.

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