Balsam Lake, WI Employment - Median Household Income, Unemployment Rate

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F

15%

Income/capita NAT. AVG.

23%

Household income NAT. AVG.

33%

Unemployment NAT. AVG.

Index	Balsam Lake	Wisconsin	National
Income per capita	$38,282	$43,754	$44,883
Median household income	$62,499	$81,774	$81,333
Median income owner occupied	$75,874	$103,160	$106,172
Median income renter occupied	$49,313	$47,125	$52,080
Median earnings male	$36,104	$54,326	$54,343
Median earnings female	$40,840	$38,113	$38,439
Unemployment rate	6.5%	3.9%	4.9%
Poverty level	22.1%	12.7%	15.1%

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Homes For Sale In Balsam Lake, WI

107 Park Dr

Balsam Lake, WI

1695 White Ash Way

Balsam Lake, WI

1794 W White Ash Dr

Balsam Lake, WI

1280 150th Ave

Balsam Lake, WI

Key findings

The income per capita in Balsam Lake is 15% lower than the national average
The median household income in Balsam Lake is 23% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Balsam Lake is 33% higher than the national average
The poverty level in Balsam Lake is 46% higher than the national average

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am i middle class

$41,661 $62,499 $124,998

City

$54,510 $81,774 $163,548

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Balsam Lake median earnings by income bracket

Balsam Lake employment by industry

Labour Type	Male	Female
Construction industry	18.4%	18.4%
Manufacturing sector	32.8%	32.8%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	14.9%	14.9%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	4.5%	4.5%
Education, health & social services	5.0%	5.0%
Other	24.4%	24.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Shafer, MN	1,181	$121,236	49.1%
Amery, WI	2,879	$93,647	15.1%
Dresser, WI	885	$92,010	13.1%
Taylors Falls, MN	1,194	$86,006	5.7%
Turtle Lake CDP, WI	350	$82,728	1.7%
Balsam Lake, WI	901	$62,499	23.2%

Cities with similar population

City	Population	Household Income	National Avg.
Cameron, AZ	901	$58,109	28.6%
Au Gres, MI	901	$62,268	23.4%
Miner, MO	901	$66,685	18.0%
Saint-Justin, QC	901	n/a
Acalanes Ridge, CA	902	$0	100.0%
Balsam Lake, WI	901	$62,499	23.2%

Source: The Balsam Lake, WI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.