Download
Share
Contents
Save
The total population of Balsam Lake town is estimated to be 1,549 with 787 males (50.81%) and 762 females (49.19%). There are 25 less females than males in Balsam Lake town.
The median household income in Balsam Lake town was $82,420 in 2021, which marked an a decrease of 1,352(1.61%) from $83,772 in 2020. This income is 110.47% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Balsam Lake town sees its highest median household income among householders in the age group of 45 to 64 years old, at $119,351. Overall, the median household income for the town of Balsam Lake town stands at $82,420.
In Balsam Lake town, the median income for all workers aged 15 years and older, regardless of work hours, was $45,101 for males and $29,339 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $59,825 for males and $49,068 for females.
In Balsam Lake town, there are just two different racial groups among households. Among these, White households report a median household income of $84,897, while Two or More Races households have a median household income of $79,380.
In 2022, the population of Balsam Lake town was 1,442, a 0.70% increase year-by-year from 2021. Previously, in 2021, Balsam Lake town's population was 1,432, an increase of 1.34% compared to a population of 1,413 in 2020.
The median age in Balsam Lake Town, Wisconsin is 53.0, as per 2021 ACS 5-Year Estimates. Of the total population, 11.81% were under the age of 15, 14.59% aged 15 to 29, 47.71% aged 30 to 64, 24.34% aged 65 to 84, and 1.55% were 85 years of age and older.
Racial distribution of Balsam Lake town population: 92.83% are White, 1.61% are American Indian and Alaska Native, 1.29% are Asian, 1.48% are some other race and 2.78% are multiracial.