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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 →

Data compiled by REAIGENT7 — AI listing platform for real estate agents