Balsam Lake, WI Population

Overview

898

Total Population

39.3

Median age

42.98%

Female population %

132.6:100

Gender ratio (M:F)

35-39 years

Largest age group

55.9

Total dependency ratio

White

Largest racial group

41

Hispanic population

Sources: U.S. Census Bureau, American Community Survey (ACS) 2021

TABLE OF CONTENTS

Age

Balsam Lake's population is old compared to the rest of the country:

The median age in Balsam Lake is 39.3, compared to 38.8 nationwide, according to the American Community Survey 2017 - 2021 5 Year estimates.
Balsam Lake's population under 18 was 17.48%, compared to the 22.51% nationwide.
Balsam Lake's elderly or the senior population (over 65 age) was 22.05% as compared to 16.04% nationwide.
Of the total population in Balsam Lake, 13.81% were under the age of 15, 21.94% aged 15 to 29, 42.20% aged 30 to 64, 19.93% aged 65 to 84, and 2.12% were 85 years of age and older.

There are 126 less females than males in Balsam Lake:

The female percentage in the USA is 50.50% while the male percentage is 49.50%, compared to 42.98% females and 57.02% males in Balsam Lake, WI.
The Balsam Lake, WI gender ratio is 132.6:100 i.e. 132.6 men to 100 women (1.326).
For male population, the largest age group is 20-24 years with a population of 54.
For the female population, the largest age group is 10-14 years with a population of 38.

Balsam Lake's population is moderately diverse:

Racial distribution of Balsam Lake population: 93.54% are White, 3.45% are Black or African American, 2.45% are some other race and 0.56% are multiracial.
Balsam Lake's racial breakdown clearly shows that there is an absolute majority of White population in the village.
By ethnicity, 41 is Hispanic or Latino (of any race), and 857 (95.43% of the total population) is Non-Hispanic.
The largest racial group in Balsam Lake is White with a population of 84 (93.54% of the total population).

Balsam Lake's population has already reached its peak and is showing a trend of decline:

The peak population was 1,044 in the year 2006
From 2000 to 2010, Balsam Lake's population increased by 36 (3.70%), as compared to the national growth of 9.63%.
From 2010 to 2020, Balsam Lake's population decreased by 69 (6.85%), according to Census Bureau's Population Estimates Program. For the same period, the rate of growth for the United States was 7.17%.
Between the year 2000 and 2022, Balsam Lake's population was lowest in year 2021 at 916.