Summit Lake vs Balsam Lake
Side-by-side comparison
How does Summit Lake, WI compare to Balsam Lake, WI? Summit Lake has a population of 97 with a median household income of $74,286, 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 | Summit Lake, WI | Balsam Lake, WI | Difference |
|---|---|---|---|
| Population | 97 | 819 | -88.2% |
| Median Age | 63.2 | 50.6 | +24.9% |
| Foreign Born % | 0% | 0.4% | -40.0% |
| Metric | Summit Lake | Balsam Lake | Difference |
|---|---|---|---|
| Median Income | $74,286 | $48,468 | +53.3% |
| Unemployment | 0% | 7.3% | -100.0% |
| Poverty Rate | 6.2% | 15.7% | -60.5% |
| Bachelor's+ | 16.1% | 20.1% | -19.9% |
| Metric | Summit Lake | Balsam Lake | Difference |
|---|---|---|---|
| Home Value | $243,800 | $188,600 | +29.3% |
| Median Rent | $0/mo | $1063/mo | -100.0% |
| Housing Units | 140 | 641 | -78.2% |