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CITY · 2010 ACS

Balsam Lake

Wisconsin · 1,009 residents · 2.225 sq mi
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The short version

Balsam Lake has lower-than-average household income, with a median household income of $43,636. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $131,300. With a median age of 45.0, the population is older than the US median of 37.2. Poverty is rare here, at 6.4% of residents.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 45.0
US median: 37.2
Less educated
21% hold a bachelor's degree
US average: 28%
Less affordable
home values up 37%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
1,009
+6%since 2000
from 950 in 2000
1990 – 2025
Population density
453 / sq mi
+6%since 2000
from 427 / sq mi in 2000
US average: 261
Median age
45.0
−1%since 2000
from 45.5 in 2000
US average: 37.2
Population, 1990 – 2024
7298058829581K1990201020202024Balsam Lake
2024754
1990201020202024
Section 02

Income & economy

Median household income
$43,636
+1%inflation adjusted, since 2000
from $34,276 in 2000
US average: $52,703
1990 – 2024
Per capita income
$24,472
+25%since 2000
from $19,576 in 2000
US average: $27,286
Households earning $100K+
22.8%
+4.9 ptssince 2009
from 17.9% in 2009
US average: 33.3%
Poverty rate
6.4%
−1.3 ptssince 2000
from 7.7% in 2000
US average: 13.8%
Income inequality (Gini)
0.348
US average: 0.461
Workforce by industry, 2010
Retail trade13.8%
US avg: 10.9%
Wholesale trade12.8%
US avg: 7.2%
Information9%
US avg: 11.5%
Other services8%
US avg: 7%
Public administration6%
US avg: 4.9%
Finance & insurance2.8%
US avg: 5.1%
Transportation & warehousing2%
US avg: 3.1%
Education & health services1.8%
US avg: 0.9%
Professional, scientific, technical1%
US avg: 4.2%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Arts, entertainment, food0%
US avg: 2.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$131,300
+37%inflation adjusted, since 2000
from $75,500 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$721
+47%inflation adjusted, since 2000
from $388 in 2000
US average: $853
Owner-occupied
45.9%
−29.8 ptssince 2000
from 75.7% in 2000
26.5% rent
Vacancy rate
51.3%
+3.5 ptssince 2009
from 47.8% in 2009
US average: 12.1%
Owner cost-burdened
34.3%
−8.8 ptssince 2009
from 43.1% in 2009
US average: 30.9%
Renter cost-burdened
24.6%
+4.9 ptssince 2009
from 19.7% in 2009
US average: 46.8%
Afford Score
3.0
+37%since 2000
from 2.2 in 2000
1990 – 2024
RELATED:See current rent listings in Balsam Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.7%(909)
Black0%(0)
Hispanic / Latino0.4%(4)
Asian0.2%(2)
Other0%
Diversity Score1.6%(15)
2010
White, non-Hispanic93.8%(946)
Black0.9%(9)
Hispanic / Latino0.7%(7)
Asian0.3%(3)
Other0.9%(9)
Diversity Score7.1%(72)
Diversity Score
7
+335%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
20.8%
+9.2 ptssince 2000
from 11.6% in 2000
US average: 27.9%
High school or higher
90.6%
+6.9 ptssince 2000
from 83.7% in 2000
US average: 84.9%
Graduate degree
5.9%
+2.0 ptssince 2000
from 4.0% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
37.7 min
+40%since 2000
from 26.8 min in 2000
US average: 25.2
Drive alone to work
79.5%
−5.1 ptssince 2009
from 84.6% in 2009
US average: 76.2%
Carpooled to work
12.4%
+4.7 ptssince 2009
from 7.7% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
3.3%
−1.1 ptssince 2009
from 4.4% in 2009
US average: 4.1%
Walked to work
3.5%
+1.2 ptssince 2009
from 2.3% in 2009
US average: 2.8%
Biked to work
0.0%
−1.0 ptssince 2009
from 1.0% in 2009
US average: 0.5%
No vehicle available
1.0%
+0.3 ptssince 2009
from 0.7% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
19.5%
+3.6 ptssince 2009
from 16.0% in 2009
US average: 12.9%
Management & professional
23.8%
−30.0 ptssince 2009
from 53.8% in 2009
US average: 35.2%
Section 08

People & community

Male
51.4%
+2.5 ptssince 2009
from 48.8% in 2009
Female
48.6%
−2.5 ptssince 2009
from 51.2% in 2009
Foreign born
1.4%
−0.9 ptssince 2009
from 2.3% in 2009
US average: 12.8%
Veterans
15.2%
−33.2 ptssince 2009
from 48.4% in 2009
US average: 9.9%
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Compare Balsam Lake to nearby cities

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BALSAM LAKE VS
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BALSAM LAKE VS
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BALSAM LAKE VS
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Frequently asked

How many people live in Balsam Lake, Wisconsin?

Balsam Lake, Wisconsin has about 1,009 residents according to the 2010 American Community Survey.

What is the median household income in Balsam Lake, Wisconsin?

The typical household in Balsam Lake, Wisconsin earns about $43,636 a year. Half of households make more than that, and half make less.

Is Balsam Lake, Wisconsin expensive?

In Balsam Lake, Wisconsin, the median home is worth about $131,300, and the typical rent is about $721 a month.

How educated are people in Balsam Lake, Wisconsin?

About 20.8% of adults age 25 and over in Balsam Lake, Wisconsin hold a bachelor's degree or higher.

What is the poverty rate in Balsam Lake, Wisconsin?

About 6.4% of people in Balsam Lake, Wisconsin live below the federal poverty line.

Has Balsam Lake, Wisconsin grown since 1990?

Yes, Balsam Lake, Wisconsin has grown since 1990. The population has added about 238 residents, a change of about 31 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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