Elkhart Lake vs Balsam Lake
Side-by-side comparison
How does Elkhart Lake, WI compare to Balsam Lake, WI? Elkhart Lake has a population of 1,097 with a median household income of $86,071, while Balsam Lake has 819 residents and a median income of $48,468. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Elkhart Lake, WI | Balsam Lake, WI | Difference |
|---|---|---|---|
| Population | 1,097 | 819 | +33.9% |
| Median Age | 57.4 | 50.6 | +13.4% |
| Foreign Born % | 0.6% | 0.4% | +20.0% |
| Metric | Elkhart Lake | Balsam Lake | Difference |
|---|---|---|---|
| Median Income | $86,071 | $48,468 | +77.6% |
| Unemployment | 10.1% | 7.3% | +38.4% |
| Poverty Rate | 3.5% | 15.7% | -77.7% |
| Bachelor's+ | 49.4% | 20.1% | +145.8% |
| Metric | Elkhart Lake | Balsam Lake | Difference |
|---|---|---|---|
| Home Value | $285,200 | $188,600 | +51.2% |
| Median Rent | $1121/mo | $1063/mo | +5.5% |
| Housing Units | 737 | 641 | +15.0% |