Balsam Lake vs Lake Wisconsin
Side-by-side comparison
How does Balsam Lake, WI compare to Lake Wisconsin, WI? Balsam Lake has a population of 819 with a median household income of $48,468, while Lake Wisconsin has 5,051 residents and a median income of $116,053. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Balsam Lake, WI | Lake Wisconsin, WI | Difference |
|---|---|---|---|
| Population | 819 | 5,051 | -83.8% |
| Median Age | 50.6 | 52.5 | -3.6% |
| Foreign Born % | 0.4% | 2.1% | -81.0% |
| Metric | Balsam Lake | Lake Wisconsin | Difference |
|---|---|---|---|
| Median Income | $48,468 | $116,053 | -58.2% |
| Unemployment | 7.3% | 2.1% | +247.6% |
| Poverty Rate | 15.7% | 2.9% | +441.4% |
| Bachelor's+ | 20.1% | 41.8% | -51.9% |
| Metric | Balsam Lake | Lake Wisconsin | Difference |
|---|---|---|---|
| Home Value | $188,600 | $421,500 | -55.3% |
| Median Rent | $1063/mo | $1399/mo | -24.0% |
| Housing Units | 641 | 2,997 | -78.6% |