Balsam lake is located in Polk county Wisconsin with a geographic area of 2.2 square miles. The total population in Balsam lake is 874 with 56.5% male and 43.5% female. Children under age 5 represent 1.3% of the population, under age 18 equal 15.1% of the population and over age 65 is 21.6% of the population. The median household income is $41,908, per capita income is $25,725. There are a total of 388 housing units with 70.9% owner occupied. Education includes 41.2% of residents that are high school graduates and 16.0% with a bachelor's degree or higher. The average temperature in Balsam lake in the summer is 66 degrees, and in the winter 17 degrees.
