Lake Sherwood vs Balsam Lake
Side-by-side comparison
How does Lake Sherwood, WI compare to Balsam Lake, WI? Lake Sherwood has a population of 382 with a median household income of $88,073, 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 Sherwood, WI | Balsam Lake, WI | Difference |
|---|---|---|---|
| Population | 382 | 819 | -53.4% |
| Median Age | 63.6 | 50.6 | +25.7% |
| Foreign Born % | 0.5% | 0.4% | +10.0% |
| Metric | Lake Sherwood | Balsam Lake | Difference |
|---|---|---|---|
| Median Income | $88,073 | $48,468 | +81.7% |
| Unemployment | 9.5% | 7.3% | +30.1% |
| Poverty Rate | 2.9% | 15.7% | -81.5% |
| Bachelor's+ | 34.9% | 20.1% | +73.6% |
| Metric | Lake Sherwood | Balsam Lake | Difference |
|---|---|---|---|
| Home Value | $279,900 | $188,600 | +48.4% |
| Median Rent | $0/mo | $1063/mo | -100.0% |
| Housing Units | 533 | 641 | -16.8% |