Balsam Lake, WI Profile: Facts, Map & Data


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Balsam Lake, Wisconsin - Basic Facts

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The Village of Balsam Lake had a population of 998 as of July 1, 2017.

The primary coordinate point for Balsam Lake is located at latitude 45.4687 and longitude -92.4537 in Polk County. The formal boundaries for the Village of Balsam Lake (see map below) encompass a land area of 2.17 sq. miles and a water area of 1.23 sq. miles. Polk County is in the Central time zone (GMT -6). The elevation is 1,161 feet.

The Village of Balsam Lake (GNIS ID: 1582745) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Beneath the boundary map are tables with Balsam Lake population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.

Neighborhood Data

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Village of Balsam Lake, WI Boundary Map

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Balsam Lake, WI Data & Demographics (As of July 1, 2017)


Total Population 998
Population in Households 967
Population in Familes 771
Population in Group Qrtrs 31
Population Density1 460
Diversity Index2 11


Total Households 436
Average Household Size 2.22
Family Households 291
Average Family Size 3


Total Housing Units 732 (100%)
Owner Occupied HU 362 (49.5%)
Renter Occupied HU 73 ( 10.0%)
Vacant Housing Units 296 (40.4%)
Median Home Value $192,063
Average Home Value $242,403


Median Household Income $57,679
Average Household Income $77,558
Per Capita Income $33,338
  (Compound Annual Growth Rates)


2010-2015 2015-2020
Population -0.15% -0.08%
Households 0.06% 0.0%
Families 1.73% -0.07%
Median Household Income   3.2%
Per Capita Income   3.16%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Balsam Lake, WI - Peer Comparisons by Rank and Percentile

The table below compares Balsam Lake to the other 774 incorporated cities, towns and CDPs in Wisconsin by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 386 50th
Population Density1 # 487 37th
Diversity Index2 # 491 36th
Median Household Income # 298 62nd
Per Capita Income # 130 83rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Wisconsin Census Data Comparison Tool.

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