Balsam is a city located in Minnesota. Balsam has a 2024 population of 33. Balsam is currently growing at a rate of 3.13% annually and its population has increased by 10% since the most recent census, which recorded a population of 30 in 2020.
The average household income in Balsam is $87,283 with a poverty rate of 0%. The median age in Balsam is 67.2 years: 70 years for males, and 67.1 years for females.
According to the most recent ACS, the racial composition of Balsam was:
White
Two or more races
Black or African American
Native American
Asian
Native Hawaiian or Pacific Islander
Other race
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 18 | 2.17 | 94.4 | 5.6 |
| Married | 8 | 2.13 | 100 | 0 |
| Male | 5 | 3.4 | 100 | 0 |
| Non Family | 5 | 0 | 80 | 20 |
| Female | 0 | 0 | 0 | 0 |
2.62
Average Family Size
2.17
Average Household Size
94.4%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among white people with a rate of 100%.
The highest rate of bachelors degrees is among white people with a rate of 20.59%.
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
100% of Balsam residents speak only English, while 0% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 0% of the population.
Married
Widowed
Divorced
Separated
NeverMarried
48.6%
Overall Marriage Rate
57.1%
Male Marriage Rate
42.9%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is 55-64.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0%
Veteran Poverty Rate
0%
Veteran Disability Rate
LaborForceParticipation
45.7%
Labor Force Participation
45.7%
Employment Rate
0%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
97.44%
Born in Balsam
100%
Native Born
0%
Foreign Born
0%
Non Citizen
0%
Naturalized
100% of Balsam residents were born in the United States, with 97.44% having been born in Minnesota. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.