Oconomowoc Lake vs Balsam Lake
Side-by-side comparison
How does Oconomowoc Lake, WI compare to Balsam Lake, WI? Oconomowoc Lake has a population of 699 with a median household income of $250,001, 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 | Oconomowoc Lake, WI | Balsam Lake, WI | Difference |
|---|---|---|---|
| Population | 699 | 819 | -14.7% |
| Median Age | 55.5 | 50.6 | +9.7% |
| Foreign Born % | 6.3% | 0.4% | +590.0% |
| Metric | Oconomowoc Lake | Balsam Lake | Difference |
|---|---|---|---|
| Median Income | $250,001 | $48,468 | +415.8% |
| Unemployment | 1.2% | 7.3% | -83.6% |
| Poverty Rate | 2.1% | 15.7% | -86.6% |
| Bachelor's+ | 71.8% | 20.1% | +257.2% |
| Metric | Oconomowoc Lake | Balsam Lake | Difference |
|---|---|---|---|
| Home Value | $1,328,700 | $188,600 | +604.5% |
| Median Rent | $0/mo | $1063/mo | -100.0% |
| Housing Units | 338 | 641 | -47.3% |