Wisconsin / County

Moving to Balsam Lake, WI

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Everything You Should Know Before Moving to Balsam Lake, WI

Considering a move to Balsam Lake, WI? This welcoming community of 1,015 residents offers a blend of suburban charm and convenience, with median home prices around $264,000 and average rents near $970. Commute times average 24 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (47% annually), ideal for families and commuters alike. Explore Balsam Lake's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Balsam Lake, WI

Balsam Lake has a population of 1,015 residents, offering a diverse community with a median age of nearly 47 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 96% White, 0% Black, and 0% Asian residents, and over 2% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
1,015
Density
275 per sq mi
Median Age
46.8
Gender Ratio
101 males per 100 females
Non-English Speakers Percentage
2.2%

Ethnic Composition

White
95.7%
Black
0.4%
Asian
0.3%
Others
3.6%

Cost Of Living

What is the average cost of living in Balsam Lake, WI?

The cost of living in Balsam Lake is higher than the national average, with a cost of living index of 90.7. Median home values are around $264,000 and average rents for a two-bedroom apartment are approximately $970. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$264,000
Gross Rent
$970
Monthly Electricity Charges
$110
Auto Insurance
$950
House Owner Cost With Mortgage
$1,370
House Owner Cost Without Mortgage
$500
State Taxes
Low: 3.54%| High: 7.65%
Cost Of Living Index
90.7
Grocery
92.3
Housing
79.6
Utilities
97.9
Transportation
94.2
Health Care
98.5
Miscellaneous
93.1

Crime

Is Balsam Lake, WI a safe place to live?

Balsam Lake is considered a safe community, with a low violent crime rate of 83 incidents per 100,000 residents and a property crime chance of 1 in 87. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Wisconsin.

Violent Crimes Per 100k
83
Property Crimes Per 100k
1,150
Crime Index
1,233
Chance Of Violent Crime
1 in 1,200
Chance Of Property Crime
1 in 87

Weather

What is the weather like in Balsam Lake, WI year-round?

Balsam Lake experiences four distinct seasons, with warm summers reaching highs of 80°F and cold winters dipping to 3°F. The area receives about 32 inches of rainfall annually and enjoys sunshine on 47% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
3°F
Max
25°F

Summer

Min
56°F
Max
80°F

Spring

Min
32°F
Max
60°F

Fall

Min
36°F
Max
63°F
Average Rainfall Inches
31.5 inches
Sunny Days Percentage
47%

Neighbors

The neighborhood boasts a healthy median household income of $67,900 and a low poverty rate of 10.9%. Over 94% of residents have at least a high school diploma, and nearly 24% hold a bachelor's degree or higher. Commute times average 24 minutes, and almost 0% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$37,400
Household Income
$67,900
Family Income
$77,000
Per Capita Income
$32,200
Income Male
$41,600
Income Female
$33,300
Poverty Rate
10.9%
Non English Speakers
2.2%
Rent
$970
Unemployment Rate
3.5%
Public Transport Usage
0.3%
Commute Time
23.8 minutes

Education

High School or Higher
93.9%
Bachelors or More
23.7%

Education

How are the schools in Balsam Lake, WI?

Balsam Lake offers quality education options, with public schools like Unity School District known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Wisconsin Indianhead Technical College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Unity School District
Street
1908 150th St
Phone
715-825-3515
Students
955
Student Teacher Ratio
13.1

Colleges

Name
Wisconsin Indianhead Technical College
City
Rice Lake
State
WI
Distance
47 miles
Students
2,600

Healthcare

Balsam Lake residents have access to quality healthcare, with major hospitals like Amery Hospital & Clinic and Osceola Medical Center nearby. The community benefits from a high physician-to-resident ratio of 1.7 per 1,000 people and 91.6% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Amery Hospital & Clinic
Address
265 Griffin St E, Amery, WI 54001
Phone
(715) 268-8000
Type
General & Surgical
Emergency Services
Yes
Name
Osceola Medical Center
Address
2600 65th Ave, Osceola, WI 54020
Phone
(715) 294-2111
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.7
Health Insurance Coverage
91.6%
Health Care Index
76.1

Housing Market

What is the housing market like in Balsam Lake, WI?

The local housing market is strong, with a median home price of $264,000 and an owner-occupied rate of nearly 69%. The market has seen a 7.3% appreciation over the past year, and rental vacancy rates remain moderate at 6.1%. Balsam Lake offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$264,000
Average Rent For 2 Bedroom
$970
Owner Occupied Rate
69.4%
Rental Vacancy Rate
6.1%
Home Appreciation Rate (1yr)
7.3%
New Construction Rate
0.8%
Foreclosure Rate
0.4%

DMV Information

Residents of Balsam Lake handle vehicle services through the Wisconsin Department of Transportation (WisDOT) - Division of Motor Vehicles, conveniently located in Madison. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Wisconsin
Department
Wisconsin Department of Transportation (WisDOT) - Division of Motor Vehicles
Address
5005 University Ave, Madison, WI 53705
Phone
608-264-7447

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Balsam Lake, WI

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Balsam Lake, review the core fields on this page: population 1,015, median home value $264,000, average rent for 2 bedroom $970, commute time 23.8 minutes, and sunny days percentage 47%.

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