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Balsam Lake, WI Real Estate

Balsam Lake, Wisconsin is located in Polk County. Nearby cities and towns include Centuria, Milltown, Luck, St. Croix Falls, Taylors Falls, Dresser, Amery, Frederic, Osceola, Shafer, Turtle Lake, Clayton, Clear Lake, Center City, Lewis, Star Prairie, Deer Park, Lindstrom, Almena, Cumberland, Siren, Scandia, Chisago City, New Richmond, Marine on St. Croix, North Branch, and Grantsburg. Balsam Lake is a rural community with a population of 1,003. The median household income is $52,499. In Balsam Lake, 62% of residents are married, and families with children reside in 22% of the households. Half the population of Balsam Lake commutes 20 minutes or less to work, with 62% of residents holding white collar jobs and 38% residents holding blue collar jobs. The median age of homes in Balsam Lake, WI is 25 years, with 42% of those homes owned, 9% rented, and 49% not occupied. In the previous year, 20 Balsam Lake properties were sold. The median sale price of a home in Balsam Lake in the previous year was $169,090.

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Balsam Lake, WI Local Market & Demographic Data

Married vs. single

Balsam Lake, WI
  • 38% Single
  • 62% Married
Wisconsin
  • 48% Single
  • 52% Married

Male VS. Female

Balsam Lake, WI
  • 48% Female
  • 51% Male
Wisconsin
  • 50% Female
  • 50% Male

Average Age of Citizens in Balsam Lake, WI

  • 44
  • 39
  • Balsam Lake, WI
  • Wisconsin

Average Age of Homes in Balsam Lake, WI

  • 25
  • 35
  • Balsam Lake, WI
  • Wisconsin

Vacant Homes in Balsam Lake, WI

  • 49%
  • 14%
  • Balsam Lake, WI
  • Wisconsin

Average INCOME of Citizens

  • $60,507
  • $66,432
  • Balsam Lake, WI
  • Wisconsin

Owned Homes vs. Rented Homes

Balsam Lake, WI
  • 42% Owned
  • 9% Rented
Wisconsin
  • 57% Owned
  • 29% Rented