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
Population Overview
Total Population
819
Census 2023
Population Density
367
per square mile
Land Area
3.4
square miles (8.8 km²)
Median Age
50.6 yrs
30% above US avg (38.9 yrs)
Gender Distribution
52.3%
Male
47.7%
Female
Race & Ethnicity
| White | 93.8% US: 61.6% |
| Black | 1.8% US: 12.4% |
| Hispanic | 3.1% US: 18.7% |
| Asian | 1.2% US: 5.9% |
City vs. U.S. Average
White
93.8%
Black
1.8%
Hispanic
3.1%
Asian
1.2%
Thin line = U.S. average
Language Spoken at Home
| English Only | 97.7% US: 78.5% |
| Spanish | 1.4% US: 13.4% |
| Other Languages | 0.9% |
City vs. U.S. Average
English Only
97.7%
Spanish
1.4%
Thin line = U.S. average
Social Characteristics
Foreign Born
0.4%
Veterans
5.4%
10% below US avg (6%)
Disability
22.8%
75% above US avg (13%)
Health Insurance Coverage
92.4%
1% above US avg (91.4%)
Uninsured
7.6%
12% below US avg (8.6%)
Income Inequality (Gini)
0.401
US avg: 0.490 (0 = perfect equality, 1 = max inequality)
Complete Demographics Data
Population
| Total Population | 819 |
| Population Year | 2023 |
| Population Density | 367 / sq mi |
| Land Area | 3.4 sq mi |
| Median Age | 50.6 years |
Gender
| Male | 52.3% |
| Female | 47.7% |
Race & Ethnicity
| White | 93.8% |
| Black or African American | 1.8% |
| Hispanic or Latino | 3.1% |
| Asian | 1.2% |
Language
| English Only | 97.7% |
| Spanish | 1.4% |
Social Indicators
| Foreign Born | 0.4% |
| Veterans | 5.4% |
| Disability | 22.8% |
| Health Insurance | 92.4% |
| Uninsured | 7.6% |
| Broadband Access | 77.7% |
| Gini Coefficient | 0.401 |
Classification
| USDA Rural-Urban Code | 8, Nonmetro / Rural, adjacent |