Balsam Lake, WI

Census Place

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2023 Population
819
1.8% 1-year decline
US Senator
Ron Johnson
Republican Party
US Senator
Tammy Baldwin
Democratic Party
2023 Median Age
50.6
21.3% 1-year increase
2023 Poverty Rate
15.7%
0.894% 1-year increase
2023 Median Household Income
$48,468
1.28% 1-year growth
2023 Median Property Value
$188,600
10.4% 1-year growth
2023 Employed Population
291
11.6% 1-year decline

About

In 2023, Balsam Lake, WI had a population of 819 people with a median age of 50.6 and a median household income of $48,468. Between 2022 and 2023 the population of Balsam Lake, WI declined from 834 to 819, a −1.8% decrease and its median household income grew from $47,857 to $48,468, a 1.28% increase.

The 5 largest ethnic groups in Balsam Lake, WI are White (Non-Hispanic) (92.4%), Black or African American (Non-Hispanic) (1.83%), Other (Hispanic) (1.71%), White (Hispanic) (1.34%), and Asian (Non-Hispanic) (1.22%).

None of the households in Balsam Lake, WI reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Balsam Lake, WI are U.S. citizens.

In 2023, the median property value in Balsam Lake, WI was $188,600, and the homeownership rate was 82.7%.

Most people in Balsam Lake, WI drove alone to work, and the average commute time was 24.6 minutes. The average car ownership in Balsam Lake, WI was 2 cars per household.

United StatesWisconsinPolk County, WIBarron, Polk, Clark & Chippewa (Eastern, North & NW Towns) Counties PUMA, WI

Population & Diversity

Balsam Lake, WI is home to a population of 819 people, from which 100% are citizens. As of 2023, 0.366% of Balsam Lake, WI residents were born outside of the country (3 people).

In 2023, there were 50.5 times more White (Non-Hispanic) residents (757 people) in Balsam Lake, WI than any other race or ethnicity. There were 15 Black or African American (Non-Hispanic) and 14 Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%
2023 Citizenship
100%
2022 Citizenship

As of 2023, 100% of Balsam Lake, WI residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Balsam Lake, WI was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Balsam Lake, WI compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Balsam Lake, WI
  1. White (Non-Hispanic)
    757 ± 114
  2. Black or African American (Non-Hispanic)
    15 ± 19
  3. Other (Hispanic)
    14 ± 13
3.05%
Hispanic Population
25 people

In 2023, there were 50.5 times more White (Non-Hispanic) residents (757 people) in Balsam Lake, WI than any other race or ethnicity. There were 15 Black or African American (Non-Hispanic) and 14 Other (Hispanic) residents, the second and third most common ethnic groups.

3.05% of the people in Balsam Lake, WI are hispanic (25 people).

The following chart shows the 8 races represented in Balsam Lake, WI as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Wisconsin.
Most Common Origin
  1. Mexico
    89,915 ± 7,306 people
  2. India
    21,992 ± 3,634 people
  3. China
    14,287 ± 2,931 people

In 2023, the most common birthplace for the foreign-born residents of Wisconsin was Mexico, the natal country of 89,915 Wisconsin residents, followed by India with 21,992 and China with 14,287.

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Foreign-Born Population

0.366%
2023 Foreign-Born Population
3 people

As of 2023, 0.366% of Balsam Lake, WI residents (3 people) were born outside of the United States, which is approximately the same as the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Balsam Lake, WI was 0%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Balsam Lake, WI compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    16 ± 17
  2. Gulf War (2001-)
    8 ± 16
  3. Gulf War (1990s)
    6 ± 12

Balsam Lake, WI has a large population of military personnel who served in Vietnam, 2 times greater than any other conflict.

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Economy

The economy of Balsam Lake, WI employs 291 people. In 2023, the largest industries in Balsam Lake, WI were Manufacturing (66 people), Retail Trade (32 people), and Accommodation & Food Services (30 people), and the highest paying industries were Finance & Insurance ($77,917), Information ($76,250), and Finance & Insurance, & Real Estate & Rental & Leasing ($70,536).

Employment

Occupations

291
2023 Value
± 71
−11.6%
1 Year decline
± 37.7%

From 2022 to 2023, employment in Balsam Lake, WI declined at a rate of −11.6%, from 329 employees to 291 employees.

The most common job groups, by number of people living in Balsam Lake, WI, are Production Occupations (40 people), Office & Administrative Support Occupations (34 people), and Sales & Related Occupations (33 people). This chart illustrates the share breakdown of the primary jobs held by residents of Balsam Lake, WI.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Wisconsin.

This chart shows weekly unemployment insurance claims in Wisconsin (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

291
2023 Value
± 71
−11.6%
1 Year decline
± 37.7%

From 2022 to 2023, employment in Balsam Lake, WI declined at a rate of −11.6%, from 329 employees to 291 employees.

The most common employment sectors for those who live in Balsam Lake, WI, are Manufacturing (66 people), Retail Trade (32 people), and Accommodation & Food Services (30 people). This chart shows the share breakdown of the primary industries for residents of Balsam Lake, WI, though some of these residents may live in Balsam Lake, WI and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$51,964
Median earning men ± $13,026
$30,278
Median earning women ± $14,283

The industries with the best median earnings for men in 2023 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($201,875), Construction ($70,250), and Manufacturing ($46,250).

The industries with the best median earnings for women in 2023 are Public Administration ($46,250), Finance & Insurance, & Real Estate & Rental & Leasing ($34,375), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($33,214).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Wisconsin.
Y-Axis
1.6%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 2.95M people employed in Wisconsin. This represents a 1.6% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 13.3%.

The following chart shows monthly employment numbers for each industry sector in Wisconsin.

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Civics

In the 2024 presidential election, the popular vote in Wisconsin went to Donald J. Trump with 49.6% of the vote. The runner-up was Kamala Harris (48.7%), followed by Robert Kennedy (0.518%).

Ron Johnson and Tammy Baldwin are the senators currently representing the state of Wisconsin. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Wisconsin is currently represented by 8 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Balsam Lake, WI. Showing the available data for Wisconsin.
2024 Election Results
  1. Donald J. Trump (49.6%)
    Republican Party
  2. Kamala Harris (48.7%)
    Democratic Party
  3. Robert Kennedy (0.518%)
    Independent Party

In the 2024 presidential election, the popular vote in Wisconsin went to Donald J. Trump with 49.6% of the vote. The runner-up was Kamala Harris (48.7%), followed by Robert Kennedy (0.518%).

The following chart shows the popular vote results in Wisconsin for each registered party from 1976 to 2024.

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Senator Elections

US Senators from Wisconsin

Senatorial voting results are only available at the state level. Showing data for Wisconsin.
Ron Johnson
Senator from Wisconsin3
Assumed office on January 3, 2011
Tammy Baldwin
Senator from Wisconsin1
Assumed office on January 3, 2013

Ron Johnson and Tammy Baldwin are the senators currently representing Wisconsin.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Wisconsin over time, excluding special elections, colored by their political party.

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US Representative Elections

US Representatives from Wisconsin

Wisconsin is currently represented by 8 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Wisconsin have changed over time starting in 2008.

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Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Working Population

Educational Pyramid

Data is only available at the state level. Showing data for Wisconsin.
Measure

In 2023, 0.713% of men over 25 years of age had not completed any academic degree (no schooling), while 0.617% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for Wisconsin.
Race

The most common educational levels obtained by the working population in 2023 were High School or Equivalent (1.4M), Some college (1.01M), and Bachelors Degree (946k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Balsam Lake, WI was $188,600 in 2023, which is 0.622 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $170,800 to $188,600, a 10.4% increase. The homeownership rate in Balsam Lake, WI is 82.7%, which is higher than the national average of 65%.

People in Balsam Lake, WI have an average commute time of 24.6 minutes, and they drove alone to work. Car ownership in Balsam Lake, WI is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$188,600
Median Property Value 2023
±$47,393
$316
Median Property Taxes
±$61

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Balsam Lake, WI the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Balsam Lake, WI compared to it's parent and neighbor geographies.

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Rent vs Own

82.7%
Homeownership
2023
60%
Homeowners with Mortgage
2023

In 2023, 82.7% of the housing units in Balsam Lake, WI were occupied by their owner. This percentage grew from the previous year's rate of 75.4%.

This chart shows the percentage of owner in Balsam Lake, WI compared it's parent and neighboring geographies.

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Equity

Income by Location

Use the dropdown to filter by race/ethnicity.
Race/Ethnicity

The following map shows all of the places in Balsam Lake, WI colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$48,468
Median Household Income
± $4,313
382
Number of Households
± 72

In 2023, the median household income of the 382 households in Balsam Lake, WI grew to $48,468 from the previous year's value of $47,857.

The following chart displays the households in Balsam Lake, WI distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $40k - $45k range.

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Wage Distribution

The closest comparable wage GINI for Balsam Lake, WI is from Wisconsin.
0.441
2023 Wage GINI in Wisconsin
0.443
2022 Wage GINI in Wisconsin

In 2023, the income inequality in Wisconsin was 0.441 according to the GINI calculation of the wage distribution. Income inequality had a 0.492% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Wisconsin was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Wisconsin in comparison to the national average.

This chart shows the number of workers in Wisconsin across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2023
  1. Drove Alone (74.6%)
  2. Walked (10.3%)
  3. Worked At Home (7.22%)

In 2023, 74.6% of workers in Balsam Lake, WI drove alone to work, followed by those who walked to work (10.3%) and those who worked at home (7.22%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

24.6 minutes
Average Travel Time

Using averages, employees in Balsam Lake, WI have a shorter commute time (24.6 minutes) than the normal US worker (26.6 minutes). Additionally, 4.81% of the workforce in Balsam Lake, WI have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Balsam Lake, WI compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Balsam Lake, WI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Balsam Lake, WI have 2 cars.

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Poverty

Poverty & Diversity

15.7% of the population for whom poverty status is determined in Balsam Lake, WI (117 out of 747 people) live below the poverty line, a number that is higher than the national average of 12.4%. The largest demographic living in poverty are Females 25 - 34, followed by Females 45 - 54 and then Females 6 - 11.

The most common racial or ethnic group living below the poverty line in Balsam Lake, WI is White, followed by Hispanic and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

92.4% of the population of Balsam Lake, WI has health coverage, with 26.5% on employee plans, 18.8% on Medicaid, 29.9% on Medicare, 16.9% on non-group plans, and 0.391% on military or VA plans.

Primary care physicians in Wisconsin see 1,251 patients per year on average, which represents a 0.725% increase from the previous year (1,242 patients). Compare this to dentists who see 1363 patients per year, and mental health providers who see 398 patients per year.

By gender, of the total number of insured persons, 49.4% were men and 50.6% were women.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 15.4% under 18 years, 18.5% between 18 and 34 years, 33.2% between 35 and 64 years, and 32.9% over 64 years.

By gender, of the total number of insured persons, 49.4% were men and 50.6% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

7.56%
Uninsured
26.5%
Employer Coverage
18.8%
Medicaid
29.9%
Medicare
16.9%
Non-Group
0.391%
Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Balsam Lake, WI declined by 22.8% from 9.79% to 7.56%.

The following chart shows how the percent of uninsured individuals in Balsam Lake, WI changed over time compared with the percent of individuals enrolled in various types of health insurance.

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