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 2026 population of 947. It is also the county seat of Polk County. Balsam Lake is currently growing at a rate of 0.21% annually and its population has increased by 0.74% since the most recent census, which recorded a population of 940 in 2020.

The median household income in Balsam Lake is $52,011 with a poverty rate of 11.16%. The median age in Balsam Lake is 55.9 years: 54 years for males, and 58.1 years for females. For every 100 females there are 109.4 males.

947
Total Population
426
Density (mi²)
2 0.21%
Growth

Balsam Lake Population

Balsam Lake Population

Year ↓
Population
Growth
Annual Change
202694720.21%
2025945-6-0.63%
2024951151.6%
2023936121.3%
2022924101.09%
2021914-26-2.77%
202094000%
2019980-2-0.2%
201898200%
201798220.2%
2016980-11-1.11%
201599120.2%
2014989151.54%
2013974-19-1.91%
2012993-7-0.7%
20111,000-9-0.89%
20101,008-1-0.1%

Median Age

Overall: 55.9 years
Female: 58.1 years
Male: 54 years

Balsam Lake Adults

There are 663 adults, (252 of whom are seniors) in Balsam Lake.

Sex Ratio

Female: 360 (47.7%)
Male: 394 (52.3%)

Demographics

The racial composition of Balsam Lake includes 92.57% White, and smaller percentages for Black or African American, other race, Asian, Two or more races, Native American and multiracial populations.

Population by Race

Race
Population ↓
Percentage (of total)
White69892.57%
Black or African American151.99%
Other race141.86%
Asian131.72%
Two or more races101.33%
Native American40.53%
Race
Population ↓
Percentage (of total)
Other race141.86%
White60.8%
Race
Population ↓
Percentage (of total)
White69291.78%
Black or African American151.99%
Asian131.72%
Two or more races101.33%
Native American40.53%

Balsam Lake Marital Status

Economics and Income Statistics

Balsam Lake's average per capita income is $40,278. Household income levels show a median of $52,011. The poverty rate stands at 11.16%.

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$83,750-
Families$67,500$95,370
Households$52,011$71,917
Non Families$32,798$47,374

$40,278

Average Income

$52,011

Median Household Income

11.16%

Poverty Rate

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)