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Last Updated: 10/03/2022

Balsam Lake Apartment Features

Apartments Near Balsam Lake


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All About

Living In Balsam Lake, WI

A small town in Wisconsin, Balsam Lake has just under 1,000 residents. Middle-aged professionals can expect to feel welcome, as they account for an above-average percentage of the community, while young adults are less well-represented. Overall, the town's residents, with an average age of just over 44, skew older than most cities in Wisconsin. Most Balsam Lake residents own their homes, and 16% of residents rent. Renters in the town benefit from a relatively low average rent of $719/month, which is $155/month less than the state average.

Compared to the national average (5%), Balsam Lake has a large number of residents older than 25 who have earned an Associate's degree (9%). Additionally, 13% have a Bachelor's, Master's, Professional, or Doctoral degree. Many Balsam Lake residents work in one of two industries: manufacturing and healthcare. Together, these industries account for 16% of the labor force in the town. Meanwhile, in terms of job function, 6% of the town's population works in transportation, which ranks as the top field in the town. With an average annual income of almost $70K, Balsam Lake workers earn roughly the same as the average Wisconsin resident. The town's average income also is fairly average compared to the national level ($73,345).

Balsam Lake has an average commute time of about 29 minutes, longer than the Wisconsin average of about 23 minutes. Driving a car or truck is the typical means of commuting to work, opted for by 39% of residents, while public transportation is not used much. Walking isn't a common means of commuting to work.

Frequently Asked Questions About Balsam Lake

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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