Minnesota / Aitkin County

Moving to Balsam, MN

Thinking of making a move to Balsam, MN? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Balsam, MN

Considering a move to Balsam, MN? This welcoming community of 1,100 residents offers a blend of suburban charm and convenience, with median home prices around $270,000 and average rents near $925. Commute times average 22 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (54% 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 1,100 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 98% White, 0% Black, and 0% Asian residents, and over 3% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
1,100
Density
22 per sq mi
Median Age
49.3
Gender Ratio
105 males per 100 females
Non-English Speakers Percentage
2.7%

Ethnic Composition

White
98.1%
Black
0.2%
Asian
0.2%
Others
1.5%

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 97.1. Median home values are around $270,000 and average rents for a two-bedroom apartment are approximately $925. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$270,000
Gross Rent
$925
Monthly Electricity Charges
$115
Auto Insurance
$1,340
House Owner Cost With Mortgage
$1,225
House Owner Cost Without Mortgage
$425
State Taxes
Low: 5.35%| High: 9.85%
Cost Of Living Index
97.1
Grocery
95.0
Housing
82.0
Utilities
101.2
Transportation
92.3
Health Care
102.7
Miscellaneous
94.5

Crime

Is Balsam, MN a safe place to live?

Balsam is considered a safe community, with a low violent crime rate of 80 incidents per 100,000 residents and a property crime chance of 1 in 155. 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
80
Property Crimes Per 100k
710
Crime Index
790
Chance Of Violent Crime
1 in 1,250
Chance Of Property Crime
1 in 155

Weather

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

Balsam experiences four distinct seasons, with warm summers reaching highs of 78°F and cold winters dipping to 2°F. The area receives about 27 inches of rainfall annually and enjoys sunshine on 54% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
-2°F
Max
18°F

Summer

Min
52°F
Max
78°F

Spring

Min
29°F
Max
57°F

Fall

Min
32°F
Max
57°F
Average Rainfall Inches
27.1 inches
Sunny Days Percentage
54%

Neighbors

The neighborhood boasts a healthy median household income of $63,200 and a low poverty rate of 7.8%. Over 94% of residents have at least a high school diploma, and nearly 27% hold a bachelor's degree or higher. Commute times average 22 minutes, and almost 0% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$38,000
Household Income
$63,200
Family Income
$75,800
Per Capita Income
$30,500
Income Male
$40,000
Income Female
$32,000
Poverty Rate
7.8%
Non English Speakers
2.7%
Rent
$925
Unemployment Rate
3.7%
Public Transport Usage
0.2%
Commute Time
22.4 minutes

Education

High School or Higher
93.5%
Bachelors or More
27.1%

Education

How are the schools in Balsam, MN?

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

Public Schools

Name
Grand Rapids Senior High School
Street
800 Conifer Dr
Phone
218-327-5760
Students
1,150
Student Teacher Ratio
19.9
Name
Murphy Elementary School
Street
822 NE 5th Ave
Phone
218-327-5918
Students
530
Student Teacher Ratio
15.5

Private Schools

Name
St. Joseph's Catholic School
Street
1005 2nd Ave SW
Phone
218-326-6232
Students
145

Colleges

Name
Itasca Community College
City
Grand Rapids
State
MN
Distance
14 miles
Students
1,100

Healthcare

Balsam residents have access to quality healthcare, with major hospitals like Grand Itasca Clinic & Hospital nearby. The community benefits from a high physician-to-resident ratio of 1.7 per 1,000 people and 93.8% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Grand Itasca Clinic & Hospital
Address
1601 Golf Course Rd, Grand Rapids, MN 55744
Phone
(218) 326-3401
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.7
Health Insurance Coverage
93.8%
Health Care Index
76.2

Housing Market

What is the housing market like in Balsam, MN?

The local housing market is strong, with a median home price of $270,000 and an owner-occupied rate of nearly 88%. The market has seen a 4.6% appreciation over the past year, and rental vacancy rates remain moderate at 7.1%. Balsam offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$270,000
Average Rent For 2 Bedroom
$925
Owner Occupied Rate
87.5%
Rental Vacancy Rate
7.1%
Home Appreciation Rate (1yr)
4.6%
New Construction Rate
0.6%
Foreclosure Rate
0.3%

DMV Information

Residents of Balsam handle vehicle services through the Minnesota Department of Public Safety – 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 Department of Public Safety – Driver and Vehicle Services
Address
445 Minnesota St, St Paul, MN 55101
Phone
651-297-2126

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 1,100, median home value $270,000, average rent for 2 bedroom $925, commute time 22.4 minutes, and sunny days percentage 54%.

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