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Balsam Lake, WI (Wisconsin) Houses and Residents

Estimated median house or condo value in 2022: $186,596 (it was $75,500 in 2000)
Balsam Lake:

$186,596
Wisconsin:

$252,800
Lower value quartile - upper value quartile: $82,267 - $320,518

Total population: 986 (Urban population: 0, Rural population: 970 (6 farm, 964 nonfarm))

Houses: 620 (382 occupied: 292 owner occupied, 95 renter occupied)

% of renters here:

25%
State:

32%

Housing density: 306 houses/condos per square mile

Median price asked for vacant for-sale houses and condos in 2022: $588,931.

Median contract rent in 2022: $841 (lower quartile is $502, upper quartile is $1,083)


Median rent asked for vacant for-rent units in 2022: $2,355


Median gross rent in Balsam Lake, WI in 2022: $1,148

Housing units in Balsam Lake with a mortgage: 118 (16 second mortgage, 0 home equity loan, 16 both second mortgage and home equity loan)
Houses without a mortgage: 0

Median household income for houses/condos with a mortgage: $75,304

Median household income for apartments without a mortgage: $39,246

Median monthly housing costs: $955

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Balsam Lake, Wisconsin Age and Sex of Residents
Median year house/condo built: 1987

Median year apartment built: 1955

Household type by relationship:

Households: 835
  • Male householders: 167 (75 living alone), Female householders: 211 (108 living alone)
  • 150 spouses (150 opposite-sex spouses), 15 unmarried partners, (15 opposite-sex unmarried partners), 168 children (145 natural, 0 adopted, 23 stepchildren), 3 grandchildren, 8 brothers or sisters, 0 parents, 0 foster children, 3 other relatives, 37 non-relatives
  • In group quarters: 72

Size of family households: 101 2-persons, 37 3-persons, 30 4-persons, 8 5-persons, 1 6-persons, 2 7-or-more-persons.

Size of nonfamily households: 189 1-person, 9 2-persons, 6 3-persons.

56 married couples with children.
59 single-parent households (18 men, 41 women).

99.1% of residents of Balsam Lake speak English at home.
0.5% of residents speak Spanish at home (100% speak English well).
0.7% of residents speak other Indo-European language at home (100% speak English very well).

Median number of rooms in houses and condos:
Here:

5.8
State:

6.5

Median number of rooms in apartments
Here:

5.2
State:

4.1

Owner-occupied Renter-occupied
Bedrooms in owner-occupied houses and condos in Balsam Lake, Wisconsin
  • Bedrooms in owner-occupied houses and condos in Balsam Lake, Wisconsin
  • 0no bedroom
  • 451 bedroom
  • 812 bedrooms
  • 1233 bedrooms
  • 364 bedrooms
  • 75+ bedrooms
Bedrooms in renter-occupied apartments in Balsam Lake, Wisconsin
  • Bedrooms in renter-occupied apartments in Balsam Lake, Wisconsin
  • 0no bedroom
  • 271 bedroom
  • 352 bedrooms
  • 283 bedrooms
  • 64 bedrooms
  • 05+ bedrooms
Owner-occupied Renter-occupied
Cars and other vehicles available in Balsam Lake in owner-occupied houses/condos
  • Cars and other vehicles available in Balsam Lake in owner-occupied houses/condos
  • 7no vehicle
  • 1451 vehicle
  • 792 vehicles
  • 393 vehicles
  • 234 vehicles
  • 05+ vehicles
Cars and other vehicles available in Balsam Lake in renter-occupied apartments
  • Cars and other vehicles available in Balsam Lake in renter-occupied apartments
  • 14no vehicle
  • 431 vehicle
  • 132 vehicles
  • 143 vehicles
  • 04 vehicles
  • 105+ vehicles
Owner-occupied Renter-occupied
Rooms in owner-occupied houses in Balsam Lake, Wisconsin
  • Rooms in owner-occupied houses in Balsam Lake, Wisconsin
  • 01 room
  • 02 rooms
  • 203 rooms
  • 534 rooms
  • 535 rooms
  • 616 rooms
  • 557 rooms
  • 398 rooms
  • 119+ rooms
Rooms in renter-occupied apartments in Balsam Lake, Wisconsin
  • Rooms in renter-occupied apartments in Balsam Lake, Wisconsin
  • 01 room
  • 92 rooms
  • 233 rooms
  • 24 rooms
  • 165 rooms
  • 146 rooms
  • 227 rooms
  • 38 rooms
  • 69+ rooms
Year house built
Median 2022 house/condo value by year built
Median house/condo value by year householder moved into unit
Breakdown of mean house values by ages of householders
Owners and renters by unit type in Balsam Lake, WI
  • Balsam Lake, WI household income distribution

  • Distribution of median household income in Balsam Lake, WI in 2022
  • 28Less than $10,000
  • 46$10,000 to $19,999
  • 31$20,000 to $29,999
  • 32$30,000 to $39,999
  • 76$40,000 to $49,999
  • 28$50,000 to $59,999
  • 31$60,000 to $74,999
  • 56$75,000 to $99,999
  • 19$100,000 to $124,999
  • 17$125,000 to $149,999
  • 11$150,000 to $199,999
  • 10$200,000 or more
  • Home value of owner - occupied houses in 2022 in Balsam Lake, WI

  • Distribution of house value in Balsam Lake, WI in 2022
  • 4Less than $10,000
  • 18$10,000 to $14,999
  • 6$15,000 to $19,999
  • 10$20,000 to $24,999
  • 4$30,000 to $34,999
  • 5$35,000 to $39,999
  • 10$40,000 to $49,999
  • 2$50,000 to $59,999
  • 2$60,000 to $69,999
  • 9$70,000 to $79,999
  • 12$90,000 to $99,999
  • 10$100,000 to $124,999
  • 25$125,000 to $149,999
  • 8$150,000 to $174,999
  • 20$175,000 to $199,999
  • 19$200,000 to $249,999
  • 28$250,000 to $299,999
  • 22$300,000 to $399,999
  • 25$400,000 to $499,999
  • 20$500,000 to $749,999
  • 14$1,000,000 to $1,499,999
  • Rent paid by renters in 2022 in Balsam Lake, WI

  • Distribution of rent paid by renters in Balsam Lake, WI in 2022
  • 3$250 to $299
  • 0$300 to $349
  • 2$350 to $399
  • 10$450 to $499
  • 17$500 to $549
  • 2$650 to $699
  • 1$700 to $749
  • 11$800 to $899
  • 8$900 to $999
  • 19$1,000 to $1,249
  • 6$1,250 to $1,499
  • 10No cash rent
Time Leaving Home To Go To Work in 2022

Percentage of workers working in this county: 72.9%
Number of people working at home: 33 (10.2% of all workers)

Travel time (in minutes) to work in 2022

Travel time to work (commute)

  • Less than 5 minutes: 40
  • 5 to 9 minutes: 33
  • 10 to 14 minutes: 25
  • 15 to 19 minutes: 42
  • 20 to 24 minutes: 25
  • 25 to 29 minutes: 23
  • 30 to 34 minutes: 37
  • 35 to 39 minutes: 16
  • 40 to 44 minutes: 3
  • 45 to 59 minutes: 22
  • 60 to 89 minutes: 10
  • 90 or more minutes: 8
Means of transportation to work in 2022 - Balsam Lake

Means of transportation to work:

  • Drove a car alone: 523 (74.8%)
  • Carpooled: 49 (7.0%)
  • Bus: 48 (6.9%)
  • Taxi: 9 (1.3%)
  • Walked: 16 (2.3%)
  • Worked at home: 33 (4.7%)
Class of Workers in 2022
  • Unemployment by race in 2022
  • Unemployment rate for White non-Hispanic residents
  • 9.8%Males
  • 0.6%Females
Year of entry for the foreign-born population in Balsam Lake, Wisconsin
  • Year of entry for the foreign-born population in Balsam Lake, Wisconsin
  • 01995 to March 2000
  • 01990 to 1994
  • 01985 to 1989
  • 01980 to 1984
  • 01975 to 1979
  • 61970 to 1974
  • 01965 to 1969
  • 4Before 1965
Ancestries in Balsam Lake, WI

First ancestries reported:

  • German: 64 (22.2%)
  • Norwegian: 59 (20.5%)
  • Swedish: 36 (12.5%)
  • European: 25 (8.7%)
  • American: 24 (8.3%)
  • English: 24 (8.3%)
  • Canadian: 14 (4.9%)
  • Scandinavian: 6 (2.1%)
  • French: 3 (1.0%)
  • Danish: 2 (0.7%)

Most common places of birth for foreign-born residents (%):

Philippines
Balsam Lake:

40.0% (4)
Wisconsin:

2.1% (4,115)

Canada
Balsam Lake:

40.0% (4)
Wisconsin:

3.7% (7,189)

Korea
Balsam Lake:

20.0% (2)
Wisconsin:

3.1% (6,075)

Place of birth for U.S.-born residents:

  • This state: 484
  • Other state: 352
  • Northeast: 7
  • Midwest: 307
  • South: 12
  • West: 24

77.5% of Balsam Lake residents lived in the same house 1 years ago.
   Out of people who lived in different houses, 36.9% lived in this county.
   Out of people who lived in different counties, 45.8% lived in Wisconsin.


Balsam Lake:

77.5%
State average:

87.7%

Education attainment for males 25 years and older:

  • No schooling: 0
  • Nursery to 4th grade: 0
  • 5th and 6th grade: 0
  • 7th and 8th grade: 4
  • 9th grade: 0
  • 10th grade: 35
  • 11th grade: 5
  • 12th grade, no diploma: 13
  • High school graduate (or equivalency): 115
  • Less than 1 year of college: 41
  • Some college more than 1 year, no degree: 34
  • Associate degree: 31
  • Bachelor's degree: 38
  • Master's degree: 5
  • Professional school degree: 11
  • Doctorate degree: 0
Educational Attainment for Males

Education attainment for females 25 years and older:

  • No schooling: 1
  • Nursery to 4th grade: 0
  • 5th and 6th grade: 1
  • 7th and 8th grade: 0
  • 9th grade: 0
  • 10th grade: 0
  • 11th grade: 0
  • 12th grade, no diploma: 7
  • High school graduate (or equivalency): 129
  • Less than 1 year of college: 8
  • Some college more than 1 year, no degree: 31
  • Associate degree: 42
  • Bachelor's degree: 48
  • Master's degree: 16
  • Professional school degree: 2
  • Doctorate degree: 0
Educational Attainment for Females
Balsam Lake marital status for males
Balsam Lake marital status for females

Housing units in structures:

  • One, detached: 441
  • One, attached: 22
  • 3 or 4: 11
  • 5 to 9: 24
  • 10 to 19: 6
  • Mobile homes: 114

Median worth of mobile homes: $47,279

Housing units lacking complete plumbing facilities in 2022: 0.5%

Housing units lacking complete kitchen facilities in 2022: 0.5%

House/condo owner moved in on average 9 years ago

Renter moved in on average 6 years ago

Year householders moved into residence in Balsam Lake
Houses and condos Apartments
Most commonly used house heating fuel in houses and condos in Balsam Lake, WI
  • 80.0%Utility gas
  • 14.4%Electricity
  • 2.8%Fuel oil, kerosene, etc.
  • 1.4%Bottled, tank, or LP gas
  • 1.4%Wood
Most commonly used house heating fuel in apartments in Balsam Lake, WI
  • 80.6%Utility gas
  • 19.4%Electricity

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 14
Here:

23.7%
Wisconsin:

16.7%

Students in private schools in grades 9 to 12 (high school): 0
Here:

0.0%
Wisconsin:

12.5%

Students in private undergraduate colleges: 2
Here:

16.7%
Wisconsin:

17.5%
School Enrollment by Level of School for Male Students
School Enrollment by Level of School for Female Students
Age and Sex of Sensory-Disabled Noninstitutionalized Residents
Age and Sex of Physically-Disabled Noninstitutionalized Residents
Age and Sex of Mentally-Disabled Noninstitutionalized Residents
Age and Sex of Self-Care Disabled Noninstitutionalized Residents
Age and Sex of Go-Outside-Home Disabled Noninstitutionalized Residents
Age and Sex of Noninstitutionalized Residents with Employment Disability