Balsam township is located in Aitkin County, Minnesota. Balsam township has a 2026 population of 34. Balsam township is currently growing at a rate of 3.03% annually and its population has increased by 13.33% since the most recent census, which recorded a population of 30 in 2020.
The median household income in Balsam township is $58,750 with a poverty rate of 0%. The median age in Balsam township is 65.5 years: 52.8 years for males, and 67.1 years for females. For every 100 females there are 92.6 males.
Data after 2023 is projected based on recent change
Overall: 65.5 years
Female: 67.1 years
Male: 52.8 years
There are 37 adults, (27 of whom are seniors) in Balsam township.
Female: 27 (51.9%)
Male: 25 (48.1%)
The racial composition of Balsam township includes 96.15% White, and smaller percentages for and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 50 | 96.15% |
| Two or more races | 2 | 3.85% |
Balsam township 's average per capita income is $51,250. Household income levels show a median of $58,750. The poverty rate stands at 0%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $97,500 | - |
| Non Families | $65,313 | $51,429 |
| Households | $58,750 | $62,355 |
| Families | $58,125 | $67,460 |
Average Income
Median Household Income
Poverty Rate