Paddock Lake vs Balsam Lake
Side-by-side comparison
How does Paddock Lake, WI compare to Balsam Lake, WI? Paddock Lake has a population of 2,965 with a median household income of $88,438, 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 | Paddock Lake, WI | Balsam Lake, WI | Difference |
|---|---|---|---|
| Population | 2,965 | 819 | +262.0% |
| Median Age | 38.8 | 50.6 | -23.3% |
| Foreign Born % | 2.9% | 0.4% | +250.0% |
| Metric | Paddock Lake | Balsam Lake | Difference |
|---|---|---|---|
| Median Income | $88,438 | $48,468 | +82.5% |
| Unemployment | 2.6% | 7.3% | -64.4% |
| Poverty Rate | 3.3% | 15.7% | -79.0% |
| Bachelor's+ | 30.2% | 20.1% | +50.2% |
| Metric | Paddock Lake | Balsam Lake | Difference |
|---|---|---|---|
| Home Value | $242,800 | $188,600 | +28.7% |
| Median Rent | $1202/mo | $1063/mo | +13.1% |
| Housing Units | 1,390 | 641 | +116.8% |