Balsam Lake, WIPublished Date: November 23, 2024Balsam Lake is located in Polk County, Wisconsin and has a population of 834. The poverty rate in Balsam Lake is 15.5% and is higher than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Balsam Lake is 7.8% while the Polk County unemployment rate is 4.2%.
| | Population | |
|---|
| Male | | 54.6% |
| Female | | 45.4% |
| | Median Age (city/county) | |
|---|
| Balsam Lake | | 41.7 |
| Polk | | 46.5 |
| | Median Household Income (city/county) | |
|---|
| Balsam Lake | | $47,857 |
| Polk | | $74,142 |
| | Median Home Value (city/county) | |
|---|
| Balsam Lake | | $169,763 |
| Polk | | $221,543 |
| | Median Rent (city/county) | |
|---|
| Balsam Lake | | $1,148 |
| Polk | | $922 |
| | Poverty Rate (city/county) | |
|---|
| Balsam Lake | | 15.5% |
| Polk | | 8.3% |
Races and Ethnicity
▩ White 96.8%
▩ Black or African American 1%
▩ Asian 0%
▩ Native 0%
▩ Pacific 0%
▩ Other 1.6%
▩ Hispanic 3.1%
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