Balsam Lake Flag

Balsam Lake

County:
Polk County
County Seat:
Yes
Area (mi²):
2.225
State:
Wisconsin

Balsam Lake is a village located in Polk County, Wisconsin. Balsam Lake has a 2025 population of 910. It is also the county seat of Polk County. Balsam Lake is currently declining at a rate of -0.66% annually and its population has decreased by -3.09% since the most recent census, which recorded a population of 939 in 2020.

The average household income in Balsam Lake is $65,030 with a poverty rate of 15.66%.The median age in Balsam Lake is 50.6 years: 40.9 years for males, and 55.3 years for females.

910
Total Population
409
Density (mi²)
-6 -0.66%
Growth

Balsam Lake Population

Balsam Lake Population

Data after 2023 is projected based on recent change

Demographics

The racial composition of Balsam Lake includes 93.77% White, and smaller percentages for Black or African American, other race, Two or more races, Asian, Native American and multiracial populations.

Population by Race

White (93.8%)

Black or African American (1.8%)

Other race (1.7%)

Two or more races (1.3%)

Asian (1.2%)

Native American (0.1%)

Race
Population
Percentage (of total)
White76893.77%
Black or African American151.83%
Other race141.71%
Two or more races111.34%
Asian101.22%
Native American10.12%

Balsam Lake Marital Status

OverallMalesFemales0%10%20%30%40%50%60%70%80%90%100%

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Balsam Lake's average per capita income is $38,125. Household income levels show a median of $48,468. The poverty rate stands at 15.66%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.
Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.
Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.
Name
Median
Mean
Married Families$80,000-
Families$62,083$86,756
Households$48,468$65,030
Non Families$29,798$41,978

$38,125

Average Income

$48,468

Median Household Income

15.66%

Poverty Rate

Nearby Cities

Sources

  1. US Census State Population Estimates - Most recent state estimates from the Census Bureau's Population Estimates Program
  2. US Census County Population Estimates - Most recent county estimates from the Census Bureau's Population Estimates Program
  3. American Community Survey (2009 - 2013)
  4. Census QuickFacts
  5. Historical Populations of States and Counties (1790 - 1990)