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Balsam Lake, Wisconsin

Balsam Lake village, Wisconsin · ACS 2024 5-year estimates · CBP 2023

Small townRural scaleLower incomeOlder populationDecliningPolk County · 2.3 sq mi

Comparison group
Trajectory · BALSAM LAKE, WI

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Historical Doppelgängers

Where has Balsam Lake looked like this before?

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Key statistics vs peer group
Metric2010–2025Balsam LakePeer medianPctileSource
Population75474245
Population change (10 yr)n/a-6.5%
Median household income$52,011$51,79445
Poverty rate11.2%10.2%45
Bachelor's degree or higher17.7%18.8%36
Housing unit change (10 yr)n/a-9.3%
Median owner-occupied home value$210,200$189,30064
Median gross rent$975$73091
Housing vacancy rate40.3%21.6%82
Worked from home10.6%4.7%73
Population, 2012–2024
Balsam LakePeer median
Median household income, 2012–2024
Balsam LakePeer median
Change between releases
Metric2012201920192024Peer median, latest span
Population-5.8%
Housing units-6.6%
Median household income+33.4%
Median owner-occupied home value+59.1%
Median gross rent+37.1%
Bachelor's degree or higher+50.8%
Worked from home+19.9%
Poverty rate-6.4%
Establishment density · Polk County, per 10k residents
Restaurants & bars27.4US 21.3above US rate
Grocery & food retail4.2US 4.8below US rate
Other retail0.0US n/anot published
Personal & repair services6.6US 8.1below US rate
Professional & technical services17.1US 29.5below US rate
Ambulatory health care15.8US 21.0below US rate
Arts, entertainment & recreation4.8US 5.0below US rate
Accommodation3.7US 2.1above US rate
Construction35.1US 24.3above US rate
Manufacturing0.0US n/anot published
Peer snapshot · 10 places
PlaceSimilarityPopulationPop change 10yIncomeBA or higher
Tekoa, WA88690$46,25016.6%
Isle, MN86695-6.5%$54,77317.5%
Armstrong, IA86703-23.9%$58,25018.0%
Siren, WI86713$49,68819.8%
Davis, WV86663$47,44621.4%
Coldwater, KS85784+11.4%$51,33816.3%
Clyde, KS85791$44,45017.5%
Greers Ferry, AR84778$57,23520.5%
Scobey, MT84861$52,25021.7%
Stockbridge, WI84771$59,16719.5%