Lake Mills vs Balsam Lake
Side-by-side comparison
How does Lake Mills, WI compare to Balsam Lake, WI? Lake Mills has a population of 6,391 with a median household income of $87,039, 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 Mills, WI | Balsam Lake, WI | Difference |
|---|---|---|---|
| Population | 6,391 | 819 | +680.3% |
| Median Age | 40.2 | 50.6 | -20.6% |
| Foreign Born % | 3% | 0.4% | +260.0% |
| Metric | Lake Mills | Balsam Lake | Difference |
|---|---|---|---|
| Median Income | $87,039 | $48,468 | +79.6% |
| Unemployment | 0.5% | 7.3% | -93.2% |
| Poverty Rate | 4.9% | 15.7% | -68.8% |
| Bachelor's+ | 45% | 20.1% | +123.9% |
| Metric | Lake Mills | Balsam Lake | Difference |
|---|---|---|---|
| Home Value | $282,400 | $188,600 | +49.7% |
| Median Rent | $1095/mo | $1063/mo | +3.0% |
| Housing Units | 2,800 | 641 | +336.8% |