Minnesota / Aitkin County

Moving to Balsam, MN

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Everything You Should Know Before Moving to Balsam, MN

Considering a move to Balsam, MN? This welcoming community of 280 residents offers a blend of suburban charm and convenience, with median home prices around $235,000 and average rents near $950. 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 (51% annually), ideal for families and commuters alike. Explore Balsam's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Balsam, MN

Balsam has a population of 280 residents, offering a diverse community with a median age of nearly 49 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
280
Density
10 per sq mi
Median Age
48.7
Gender Ratio
101 males per 100 females
Non-English Speakers Percentage
2.1%

Ethnic Composition

White
95.8%
Black
0.4%
Asian
0.3%
Others
3.5%

Cost Of Living

What is the average cost of living in Balsam, MN?

The cost of living in Balsam is higher than the national average, with a cost of living index of 91.4. Median home values are around $235,000 and average rents for a two-bedroom apartment are approximately $950. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$235,000
Gross Rent
$950
Monthly Electricity Charges
$145
Auto Insurance
$1,320
House Owner Cost With Mortgage
$1,520
House Owner Cost Without Mortgage
$520
State Taxes
Low: 5.35%| High: 9.85%
Cost Of Living Index
91.4
Grocery
94.2
Housing
84.6
Utilities
106.8
Transportation
96.1
Health Care
96.8
Miscellaneous
92.5

Crime

Is Balsam, MN a safe place to live?

Balsam is considered a safe community, with a low violent crime rate of 190 incidents per 100,000 residents and a property crime chance of 1 in 122. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Minnesota.

Violent Crimes Per 100k
190
Property Crimes Per 100k
820
Crime Index
1,010
Chance Of Violent Crime
1 in 526
Chance Of Property Crime
1 in 122

Weather

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

Balsam experiences four distinct seasons, with warm summers reaching highs of 81°F and cold winters dipping to 4°F. The area receives about 30 inches of rainfall annually and enjoys sunshine on 51% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
-4°F
Max
21°F

Summer

Min
58°F
Max
81°F

Spring

Min
34°F
Max
61°F

Fall

Min
36°F
Max
63°F
Average Rainfall Inches
29.8 inches
Sunny Days Percentage
51%

Neighbors

The neighborhood boasts a healthy median household income of $60,800 and a low poverty rate of 11.8%. Over 93% of residents have at least a high school diploma, and nearly 18% hold a bachelor's degree or higher. Commute times average 24 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$41,500
Household Income
$60,800
Family Income
$74,200
Per Capita Income
$28,900
Income Male
$40,700
Income Female
$31,900
Poverty Rate
11.8%
Non English Speakers
6.4%
Rent
$950
Unemployment Rate
4.8%
Public Transport Usage
1.2%
Commute Time
23.8 minutes

Education

High School or Higher
93.1%
Bachelors or More
18.4%

Education

How are the schools in Balsam, MN?

Balsam offers quality education options, with public schools like Grand Rapids Area High School and Nashwauk-Keewatin High School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Itasca Community College and University of Minnesota Duluth. The community is committed to educational excellence for all age groups.

Public Schools

Name
Grand Rapids Area High School
Street
800 Conifer Dr
Phone
218-327-5762
Students
850
Student Teacher Ratio
15.1
Name
Nashwauk-Keewatin High School
Street
2 3rd St
Phone
218-885-1280
Students
190
Student Teacher Ratio
12.8

Private Schools

Name
St. Joseph School
Street
315 SW 1st Ave
Phone
218-326-2364
Students
210

Colleges

Name
Itasca Community College
City
Grand Rapids
State
MN
Distance
22 miles
Students
1,100
Name
University of Minnesota Duluth
City
Duluth
State
MN
Distance
66 miles
Students
10,000

Healthcare

Balsam residents have access to quality healthcare, with major hospitals like St. Mary's Medical Center and Essentia Health St. Mary's Hospital-Superior nearby. The community benefits from a high physician-to-resident ratio of 1.8 per 1,000 people and 94.7% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
St. Mary's Medical Center
Address
407 E 3rd St, Duluth, MN 55805
Phone
(218) 786-4000
Type
General & Surgical
Emergency Services
Yes
Name
Essentia Health St. Mary's Hospital-Superior
Address
3500 Tower Ave, Superior, WI 54880
Phone
(715) 817-7000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.8
Health Insurance Coverage
94.7%
Health Care Index
69.8

Housing Market

What is the housing market like in Balsam, MN?

The local housing market is strong, with a median home price of $235,000 and an owner-occupied rate of nearly 79%. The market has seen a 4.1% appreciation over the past year, and rental vacancy rates remain moderate at 6.8%. Balsam offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$235,000
Average Rent For 2 Bedroom
$950
Owner Occupied Rate
79.4%
Rental Vacancy Rate
6.8%
Home Appreciation Rate (1yr)
4.1%
New Construction Rate
0.9%
Foreclosure Rate
0.3%

DMV Information

Residents of Balsam handle vehicle services through the Minnesota Driver and Vehicle Services, conveniently located in St. Paul. 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
Minnesota
Department
Minnesota Driver and Vehicle Services
Address
445 Minnesota St, Suite 168, St. Paul, MN 55101
Phone
(651) 201-7600

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, MN

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

Before moving to Balsam, review the core fields on this page: population 280, median home value $235,000, average rent for 2 bedroom $950, commute time 23.8 minutes, and sunny days percentage 51%.

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