Balsam Lake, WI
754Residents
$52,011Median household income
$975/moMedian gross rent
$210,200Median home value
55.9Median age
18%Adults with a bachelor’s degree or higher
81%Homes lived in by their owners
4.0×Home value to household income
Median rent takes about 22% of the median household income in Balsam Lake.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $39,000 a year. In Wisconsin that leaves roughly $2,621 a month after tax. See the full paycheck breakdown for $40,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.