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balsam lake wiThe Village of Balsam Lake features the largest lake in Polk County and is also the County Seat.  They’re close to two state highways , Hwy 8 & 35, and have good school district.Their industrial park is fully developed with electric, water and sewer and natural gas is available.  Notify the Village for possible incentives including possible tax break for new industries. For information, please visit: www.balsamlakecc.com call  the Clerk at (715) 485-3424 or email: vobl@lakeland.ws.  The Villiage of Balsam Lake website is www.balsamlakevillage.com.

Population
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Population

Population2000201020182023
Balsam Lake9851,009998994

Source: ESRI, 2018-05-29

Population by Age

Population201020182023
0-4484644
5-9504947
10-14495456
15-19584850
20-24614436
25-29646055
30-34464346
35-39755454
40-44545253
45-49786258
50-54777363
55-59769584
60-64598888
65-69538186
70-74566680
75-79444048
80-84402529
85+211818
18+833821819
Median Age454950

Source: ESRI, 2018-05-29

Population by Race

Balsam Lake2018
Total998.000
White Alone94.880
Black Alone1.000
American Indian Alone2.110
Asian Alone0.400
Pacific Islander Alone0.000
Some Other Race0.200
Two or More Races1.400
Hispanic Origin0.700
Diversity Index11.300

Source: ESRI, 2018-05-29

Growth Rate

Balsam Lake2010 - 20142014 - 2019
Population0%0%
Households0%0%
Families2%0%
Median Household Income%3%
Per Capita Income%3%

Source: ESRI, 2018-05-29

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Housing
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Households

Population2000201020182023
Households420434436436
Housing Units673732732735
Owner Occupied Units362362
Renter Occupied Units7373
Vacant Units296299

Source: ESRI, 2018-05-29

Home Value

Balsam Lake20182023
Median Home Value$192,063$211,486
Average Home Value$242,403$272,245
<$50,0002720
$50,000 - $99,9994840
$100,000 - $149,9995350
$150,000 - $199,9996363
$200,000 - $249,9993837
$250,000 - $299,9994141
$300,000 - $399,9993234
$400,000 - $499,9992934
$500,000 - $749,9992332
$1,000,000 +12

Source: ESRI, 2018-05-29

Housing Year Built

Year RangeHouses Built
2010 or Later16
2000-2009107
1990-1999118
1980-198974
1970-197964
1960-196963
1950-195986
1940-194964
1939 or Before82

Source: ESRI, 2018-05-29

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Income
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Income

Balsam Lake20182023
Median Household$57,679$67,512
Average Household$77,558$90,386
Per Capita$33,338$38,940

Source: ESRI, 2018-05-29

Household Income Base

Balsam Lake2018
<$15,00027
$15,000 - $24,99940
$25,000 - $34,99945
$35,000 - $49,99976
$50,000 - $74,99976
$75,000 - $99,99958
$100,000 - $149,99975
$150,000 - $199,99923
$200,000+16

Source: ESRI, 2018-05-29

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Employees
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Commute

CategoryCommuters
Workers 16+268
In-County Residents197
Out-of-County Residents20
Drive Alone218
Carpooled12
Public Transport0
Work at Home19
Less than 5 minutes33
5-9 minutes51
10-14 minutes29
15-19 minutes16
20-24 minutes25
25-29 minutes41
30-34 minutes6
35-39 minutes8
40-44 minutes0
45-59 minutes7
60-89 minutes13
90+ minutes20
Average Travel Time0

Source: ESRI, 2018-05-29

Source: ESRI, 2018-05-29

Employees by NAICS

CategoryNumber
Total Employees851
Agr/Forestry/Fish/Hunt3
Mining0
Utilities0
Construction0
Manufacturing153
Wholesale Trade0
  
Retail Trade88
Motor Veh/Parts Dealers12
Furn & Home Furnish Str0
Electronics & Appl Store0
Bldg Matl/Garden Equip7
Food & Beverage Stores27
Health/Pers Care Stores4
Gasoline Stations0
Clothing/Accessory Store32
Sports/Hobby/Book/Music0
General Merchandise Str0
Misc Store Retailers6
Nonstore Retailers0
  
Transportation/Warehouse21
Information9
  
Finance & Insurance9
Cntrl Bank/Crdt Intrmdtn0
Sec/Cmdty Cntrct/Oth Inv0
Insur/Funds/Trusts/Other9
  
Real Estate/Rent/Leasing12
Prof/Scientific/Tech Srv11
Legal Services7
Mgmt of Comp/Enterprises0
Admin/Support/Waste Mgmt14
Educational Services32
HealthCare/Social Assist29
Arts/Entertainment/Rec1
  
Accommodation/Food Srvcs39
Accommodation2
Food Srv/Drinking Places37
  
Other Srv excl Pub Admin10
Auto Repair/Maintenance1
Public Administration Emp420

Source: ESRI, 2018-05-29

Educational Attainment (25+)

Balsam Lake2018
Some High School48
Graduated High School254
Associates Degree76
Bachelor's Degree96
Graduate Degree39

Source: ESRI, 2018-05-29

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Businesses
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Businesses by NAICS

CategoryNumber
Total Businesses110
Agr/Forestry/Fish/Hunt Bus1
Mining Bus0
Utilities Bus0
Construction Bus0
Manufacturing Bus3
Wholesale Trade Bus0
  
Retail Trade Bus11
Motor Veh/Parts Dealers Bus1
Furn & Home Furnish Str Bus0
Electronics & Appl Store Bus0
Bldg Matl/Garden Equip Bus1
Food & Beverage Stores Bus3
Health/Pers Care Stores Bus1
Gasoline Stations Bus0
Clothing/Accessory Store Bus2
Sports/Hobby/Book/Music Bus0
General Merchandise Str Bus0
Misc Store Retailers Bus3
Nonstore Retailers Bus0
  
Transportation/Warehouse Bus2
Information Bus2
  
Finance & Insurance Bus4
Cntrl Bank/Crdt Intrmdtn Bus0
Sec/Cmdty Cntrct/Oth Inv Bus0
Insur/Funds/Trusts/Other Bus4
  
Real Estate/Rent/Leasing Bus5
Prof/Scientific/Tech Srv Bus4
Legal Services Bus3
Mgmt of Comp/Enterprises Bus0
Admin/Support/Waste Mgmt Bus4
Educational Services Bus1
HealthCare/Social Assist Bus7
Arts/Entertainment/Rec Bus1
  
Accommodation/Food Srvcs Bus6
Accommodation Bus1
Food Srv/Drinking Places Bus5
  
Other Srv excl Pub Admin Bus5
Auto Repair/Maintenance Bus1
Public Administration Bus51

Source: ESRI, 2018-05-29

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