Balsam Lake, WI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Balsam Lake, WI: Quick Facts & Overview
- Population: 754 residents (131 people per sq. mi.)
- Average House Price: $210,022
- Average Household Income: $52,011
Balsam Lake, WI is located in the state of Wisconsin. It is home to about 754 people, with around 131 residents living in every square mile.
If you want to buy a house in Balsam Lake, the average price is around $210,022. That makes local housing 16% lower than the Wisconsin average of $249,904, and 32% lower than the national average of $308,592.
The average household in Balsam Lake earns about $52,011 a year. This income is 33% lower than the average family in Wisconsin ($78,109), and 34% lower than the national average ($78,686).
Population
754
Median Household Income
$52,011
Median Home Value
$210,022
Median Age
55.9 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $34,321 |
| Labor Force Participation | 41.7% |
| Unemployment Rate | 1.1% |
| Average Commute Time | 22.7 mins |
Housing & Community Metrics
| Home Ownership Rate | 80.7% |
| Median Rent | $975 |
| Rent Burdened (>30% Income) | 36.4% |
| Total Housing Units | 383 |
Additional Census & Housing Profile
Geographic Overview
| County | Polk |
| County FIPS | 55095 |
| Metro Area (CBSA) | - |
| Population Density | 130.8/sq mi |
| Coordinates (lat/lng) | 45.4585, -92.4528 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.50 |
| Dual Income Families | 33.9% |
Marital Status
| Married | 50.8% |
| Never Married | 25.0% |
| Divorced | 16.1% |
| Widowed | 8.1% |
Gender
| Male | 52.3% |
| Female | 47.7% |
Health & Poverty
| Uninsured Rate (Health) | 5.7% |
| Poverty Rate | 11.2% |
Key Population Groups
| Veterans | 5.4% |
| Disabled Population | 21.8% |
| Limited English Proficiency | - |
All ZIP Codes in Balsam Lake
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 54810 | 2,849 | $69,917 | $271,649 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Centuria, WI | 5.1 miles | 806 |
| Milltown, WI | 5.2 miles | 861 |
| Luck, WI | 7.9 miles | 1,124 |
| St. Croix Falls, WI | 9.1 miles | 2,423 |
| Taylors Falls, MN | 10.7 miles | 1,167 |
| Dresser, WI | 11.1 miles | 1,028 |
| Amery, WI | 11.5 miles | 2,959 |
| Frederic, WI | 13.6 miles | 1,140 |
| Osceola, WI | 15.1 miles | 2,849 |
| Shafer, MN | 15.3 miles | 1,186 |
| Turtle Lake, WI | 15.6 miles | 960 |
| Clayton, WI | 16.5 miles | 370 |
| Clear Lake, WI | 17 miles | 957 |
| Lewis, WI | 18 miles | 170 |
| Center City, MN | 18.1 miles | 651 |
| Star Prairie, WI | 18.4 miles | 674 |
| Deer Park, WI | 18.9 miles | 223 |
| Lindstrom, MN | 19.8 miles | 4,978 |
| Almena, WI | 20.3 miles | 641 |
| Cumberland, WI | 21.2 miles | 2,282 |
| Siren, WI | 22.7 miles | 713 |
| Scandia, MN | 23 miles | 3,950 |
| New Richmond, WI | 23.4 miles | 10,539 |
| Chisago City, MN | 23.5 miles | 5,899 |
| Marine on St. Croix, MN | 23.9 miles | 740 |
| North Branch, MN | 24.9 miles | 11,565 |
| Grantsburg, WI | 24.9 miles | 1,340 |
| Somerset, WI | 25.4 miles | 3,208 |
| Stacy, MN | 26.7 miles | 4,384 |
| Wyoming, MN | 26.8 miles | 8,087 |
| Harris, MN | 27.6 miles | 776 |
| Prairie Farm, WI | 27.6 miles | 423 |
| Emerald, WI | 27.6 miles | 191 |
| Forest Lake, MN | 28.3 miles | 20,729 |
| Rush City, MN | 29.4 miles | 3,295 |
| Webster, WI | 29.4 miles | 575 |
| Barron, WI | 29.6 miles | 3,681 |
| Rock Creek, MN | 30.3 miles | 1,748 |
| Martin Lake, MN | 31.3 miles | 1,068 |
| Glenwood City, WI | 31.4 miles | 1,260 |
| Hugo, MN | 31.8 miles | 16,340 |
| Houlton, WI | 32 miles | 240 |
| Ridgeland, WI | 32.3 miles | 313 |
| Downing, WI | 32.4 miles | 271 |
| Shell Lake, WI | 32.6 miles | 1,459 |
| Columbus, MN | 33.2 miles | 4,248 |
| Stillwater, MN | 33.3 miles | 19,355 |
| Hammond, WI | 33.8 miles | 1,960 |
| Roberts, WI | 33.9 miles | 1,858 |
| Dallas, WI | 33.9 miles | 359 |
| Oak Park Heights, MN | 34.2 miles | 4,756 |
| Grant, MN | 34.2 miles | 3,950 |
| Haugen, WI | 34.2 miles | 284 |
| Rice Lake, WI | 34.4 miles | 9,030 |
| Bayport, MN | 34.5 miles | 3,905 |
| Cameron, WI | 34.6 miles | 1,686 |
| Baldwin, WI | 35.1 miles | 4,342 |
| North Hudson, WI | 35.1 miles | 3,819 |
| Boyceville, WI | 35.1 miles | 1,083 |
| Dellwood, MN | 35.3 miles | 1,181 |
| Centerville, MN | 35.6 miles | 3,935 |
| Pine City, MN | 36.1 miles | 3,468 |
| Woodville, WI | 36.2 miles | 1,424 |
| Lino Lakes, MN | 36.6 miles | 22,113 |
| Hudson, WI | 36.8 miles | 14,959 |
| East Bethel, MN | 37.1 miles | 12,115 |
| Mahtomedi, MN | 37.1 miles | 8,133 |
| Willernie, MN | 37.2 miles | 495 |
| Wilson, WI | 37.2 miles | 200 |
| Spooner, WI | 37.4 miles | 2,278 |
| Birchwood Village, MN | 37.6 miles | 866 |
| Pine Springs, MN | 38 miles | 395 |
| Stanchfield, MN | 38.1 miles | 100 |
| Cambridge, MN | 38.2 miles | 10,307 |
| Isanti, MN | 38.3 miles | 7,210 |
| Lakeland Shores, MN | 38.3 miles | 344 |
| Lakeland, MN | 38.4 miles | 1,492 |
| White Bear Lake, MN | 38.5 miles | 23,908 |
| Lake Elmo, MN | 38.8 miles | 13,140 |
| Ham Lake, MN | 39.1 miles | 16,702 |
| Braham, MN | 39.2 miles | 1,732 |
| Wheeler, WI | 39.2 miles | 316 |
| Knapp, WI | 39.5 miles | 532 |
| North Oaks, MN | 39.6 miles | 5,179 |
| Gem Lake, MN | 39.8 miles | 483 |
| Lake St. Croix Beach, MN | 39.9 miles | 1,105 |
| Bethel, MN | 39.9 miles | 474 |
| Chetek, WI | 40 miles | 2,177 |
| Circle Pines, MN | 40.4 miles | 4,968 |
| North St. Paul, MN | 40.6 miles | 12,570 |
| St. Marys Point, MN | 40.7 miles | 483 |
| Oakdale, MN | 41 miles | 28,585 |
| Vadnais Heights, MN | 41 miles | 12,838 |
| Grasston, MN | 41.1 miles | 112 |
| Lexington, MN | 41.4 miles | 2,770 |
| Blaine, MN | 41.8 miles | 72,488 |
| Shoreview, MN | 42.1 miles | 26,714 |
| River Falls, WI | 42.1 miles | 16,719 |
| Afton, MN | 42.2 miles | 2,957 |
| Maplewood, MN | 43 miles | 40,695 |