Lake Lorraine vs Balsam Lake
Side-by-side comparison
How does Lake Lorraine, WI compare to Balsam Lake, WI? Lake Lorraine has a population of 251 with a median household income of $55,208, 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 | Lake Lorraine, WI | Balsam Lake, WI | Difference |
|---|---|---|---|
| Population | 251 | 819 | -69.4% |
| Median Age | 37.4 | 50.6 | -26.1% |
| Foreign Born % | 0.8% | 0.4% | +40.0% |
| Metric | Lake Lorraine | Balsam Lake | Difference |
|---|---|---|---|
| Median Income | $55,208 | $48,468 | +13.9% |
| Unemployment | 6.1% | 7.3% | -16.4% |
| Poverty Rate | 13.9% | 15.7% | -11.5% |
| Bachelor's+ | 21.7% | 20.1% | +8.0% |
| Metric | Lake Lorraine | Balsam Lake | Difference |
|---|---|---|---|
| Home Value | $194,500 | $188,600 | +3.1% |
| Median Rent | $933/mo | $1063/mo | -12.2% |
| Housing Units | 134 | 641 | -79.1% |