WI area data
Balsam Lake, WI
Balsam Lake, WI.
Population: 2,849 (Census ACS)
Home values & appreciation
- Median home value
- $421,837
- 1-year appreciation
- +3.6%
- 3-year appreciation
- +9.2%
- 5-year appreciation
- +21.2%
- 10-year appreciation
- +93.2%
- All-time peak (2026-07)
- $421,837
- House Price Index
- 459.9 (+5.7% YoY)
Market activity
- New listings (monthly)
- 5
Affordability
- Cost of living index (Average)
- 97.5 (100 = US avg)
- Electricity rate (state-level)
- 18.2¢/kWh
- Natural gas rate (state-level)
- $10.70/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 3
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- coldWave, strongWind, hail, lightning, tornado
Climate (30-year normals)
- Average annual temperature
- 44.0°F
- Average high
- 53.0°F
- Average low
- 34.0°F
- Annual precipitation
- 35.5 in
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- Saint Croix National Scenic Riverway (19 mi)
- Nearest airport
- David Randall Airport (2 mi)
- Nearest major airport
- New Richmond Regional Airport (RNH) (20 mi)
- Hospitals nearby (~15 mi)
- 1,090
- Avg hospital rating
- 3.1 / 5
- Solar radiation rating
- Fair (3.7 kWh/m²/day)
Migration
- Net migration
- +190 tax filers
Housing stock
- Median year housing built
- 1,981
- Median annual property tax
- $2,931
- Mean commute to work
- 27 min
- Households with broadband internet
- 66.9%
Employment & development
- Total county employment
- 13,871
- Average weekly wage
- $906
- Top industries (by employment)
- Health Care, Accommodation & Food, Administrative Services
- Annual residential building permits (county)
- 230
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →