Balsam Lake, WI
Full City Profile · Wisconsin · Polk County County
3.3
/5.0
B
Good
819
Population
367/sq mi density
$48,468
Median Income
$33,205 per capita
$188,600
Home Value
$430,207 Zillow
$1,063
Median Rent
33.1% income on rent
44°F
Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$48,468 median income, 7.3% unemployment
A
Affordability
4.5 / 5.0
$188,600 home value, $1,063/mo rent
C+
Education
2.6 / 5.0
20.1% bachelor's degree or higher
Balsam Lake has a cool climate with an average annual temperature of 44°F (7°C). Winters average 13°F in January while summers reach 70°F in July. Annual precipitation totals 32.9 inches. The area receives 61.2 inches of snow annually.
Temperature
13°F Jan (-10°C)
70°F Jul (21°C)
| Annual Average | 44.1°F |
| 18% below US avg | |
| January Average | 13°F (-10°C) |
| July Average | 70°F (21°C) |
Geography
| Elevation | 1,147 ft (350 m) |
| Area | 3.4 sq mi (8.8 km²) |
| Population Density | 367/sq mi |
| Coordinates | 45.4620°N, 92.4471°W |
| Timezone | America/Chicago |
| County | Polk County County |
| Nearest Airport | New Richmond Regional (RNH) 22 miles away |
Precipitation & Snow
Air Quality
Natural Hazard Risk
| Overall Risk | Relatively Low |
| Risk Score | 63.3 / 100 |
| Social Vulnerability | 40.0 / 100 |
| Community Resilience | 55.9 / 100 |
Hazard Breakdown
| Tornado | Relatively Moderate |
| Earthquake | Very Low |
| Wildfire | Very Low |
| Flood | Relatively Low |
| Hail | Relatively Moderate |
| Strong Wind | Relatively High |
| Heat Wave | Relatively Low |
| Winter Weather | Relatively Low |
| Lightning | Relatively Moderate |
| Ice Storm | Relatively Low |
| Drought | Very Low |
| Cold Wave | Relatively High |
| Landslide | Very Low |
Source: FEMA National Risk Index v1.20 (Dec 2025)
Monthly Weather
| Month | Avg Temperature | Precipitation | Summary |
|---|---|---|---|
| January | 13°F (-10°C) | 0.8 in | Coldest, Driest |
| February | 18°F (-8°C) | 0.8 in | |
| March | 31°F (-1°C) | 1.5 in | |
| April | 44°F (7°C) | 2.7 in | |
| May | 57°F (14°C) | 4.2 in | |
| June | 66°F (19°C) | 4.2 in | |
| July | 70°F (21°C) | 4.3 in | Warmest, Wettest |
| August | 68°F (20°C) | 4.3 in | |
| September | 61°F (16°C) | 3.6 in | |
| October | 48°F (9°C) | 3.4 in | |
| November | 33°F (0°C) | 1.9 in | |
| December | 20°F (-7°C) | 1.2 in |
Balsam Lake has a seasonal temperature swing of 57°F / from 13°F in January to 70°F in July. Total annual precipitation is 32.9 inches, with July being the wettest month (4.3") and January the driest (0.8").