Balsam Lake, WI Demographics

A map of Balsam Lake's Population by Race

Balsam Lake, Wisconsin has an estimated population of 754, a large decrease from the 934 recorded in the 2020 Census. The population is 91.8% White, 2.7% Hispanic, 2.0% Black, 1.7% Asian, 1.3% Multiracial, and 0.5% Native American/Other. This demographic dot map shows the population of Balsam Lake, with one dot drawn for each person counted by the Census, color-coded by race.

Balsam Lake has become more racially diverse since the 2020 Census. It is considerably less diverse than Wisconsin overall. Demographers use a diversity index to measure the probability that two randomly selected individuals belong to different racial or ethnic groups. In Balsam Lake, that probability was 11.9% in 2020 and 15.6% in the most recent ACS estimates.

Balsam Lake is ranked the 452nd most populous place in Wisconsin, out of 808 places. This ranking is based on the Census definition of a place, which includes incorporated places like cities, towns, and villages, as well as unincorporated census-designated places (CDPs). Balsam Lake was ranked the 406th most populous place in the 2020 Census.

Balsam Lake's White Population

692 residents of Balsam Lake, or 91.8% of the population, identify as White. The share of White residents in Balsam Lake is considerably higher than in Wisconsin overall, where 78.6% of the population is White. Balsam Lake ranks 199th statewide in terms of White residents as a share of the population, out of 808 places.

Since the 2020 Census, Balsam Lake's White population has declined by an estimated 21.0%. White residents' share of Balsam Lake's population has decreased from 93.8% to 91.8%.

Balsam Lake is more White than neighboring Milltown (90.4% White), Luck (90.5% White), and St. Croix Falls (89.5% White). Balsam Lake is less White than neighboring Centuria (95.8% White), and Amery (98% White).

Balsam Lake's Black Population

15 residents of Balsam Lake, or 2.0% of the population, identify as Black. The share of Black residents in Balsam Lake is slightly lower than in Wisconsin overall, where 5.9% of the population is Black. Balsam Lake ranks 313th statewide in terms of Black residents as a share of the population, out of 808 places.

Since the 2020 Census, Balsam Lake's Black population has grown by an estimated 150.0%. Black residents' share of Balsam Lake's population has increased from 0.6% to 2.0%.

Balsam Lake is more Black than neighboring Milltown (0% Black), Centuria (0% Black), Luck (0.7% Black), Amery (0.4% Black), and St. Croix Falls (0% Black).

Balsam Lake's Asian Population

13 residents of Balsam Lake, or 1.7% of the population, identify as Asian. The share of Asian residents in Balsam Lake is comparable to the share in Wisconsin overall, where 2.9% of the population is Asian. Balsam Lake ranks 533rd statewide in terms of Asian residents as a share of the population, out of 808 places.

Since the 2020 Census, Balsam Lake's Asian population has grown by an estimated 550.0%. Asian residents' share of Balsam Lake's population has increased from 0.2% to 1.7%.

Balsam Lake is more Asian than neighboring Milltown (0% Asian), Centuria (1% Asian), Luck (0.7% Asian), Amery (0.4% Asian), and St. Croix Falls (0.7% Asian).

Balsam Lake's Hispanic Population

20 residents of Balsam Lake, or 2.7% of the population, identify as Hispanic. The share of Hispanic residents in Balsam Lake is lower than in Wisconsin overall, where 8% of the population is Hispanic. Balsam Lake ranks 621st statewide in terms of Hispanic residents as a share of the population, out of 808 places.

Since the 2020 Census, Balsam Lake's Hispanic population has grown by an estimated 33.3%. Hispanic residents' share of Balsam Lake's population has increased from 1.6% to 2.7%.

Balsam Lake is more Hispanic than neighboring Centuria (1.4% Hispanic), Amery (0% Hispanic), and St. Croix Falls (2.5% Hispanic). Balsam Lake is less Hispanic than neighboring Milltown (3.4% Hispanic), and Luck (2.8% Hispanic).

Balsam Lake's Native American/Other Population

4 residents of Balsam Lake, or 0.5% of the population, identify as American Indian/Alaska Native/Native Hawaiian/Pacific Islander/Other. The share of Native American/Other residents in Balsam Lake is comparable to the share in Wisconsin overall, where 0.9% of the population is Native American/Other. Balsam Lake ranks 68th statewide in terms of Native American/Other residents as a share of the population, out of 808 places.

Since the 2020 Census, Balsam Lake's Native American/Other population has declined by an estimated 85.7%. Native American/Other residents' share of Balsam Lake's population has decreased from 3.0% to 0.5%.

Balsam Lake is more Native American/Other than neighboring Centuria (0% Native American/Other). Balsam Lake is less Native American/Other than neighboring Milltown (1.7% Native American/Other), Luck (2.1% Native American/Other), and St. Croix Falls (1.2% Native American/Other).

Balsam Lake's Multiracial Population

10 residents of Balsam Lake, or 1.3% of the population, identify as Multiracial. The share of Multiracial residents in Balsam Lake is slightly lower than in Wisconsin overall, where 3.7% of the population is Multiracial. Balsam Lake ranks 768th statewide in terms of Multiracial residents as a share of the population, out of 808 places.

Since the 2020 Census, Balsam Lake's Multiracial population has grown by an estimated 42.9%. Multiracial residents' share of Balsam Lake's population has increased from 0.7% to 1.3%.

Balsam Lake is more Multiracial than neighboring Amery (0.7% Multiracial). Balsam Lake is less Multiracial than neighboring Milltown (4.5% Multiracial), Centuria (1.9% Multiracial), Luck (3.2% Multiracial), and St. Croix Falls (6.1% Multiracial).

Sources: Most recent population estimates are from the 2020-2024 American Community Survey 5-Year Estimates. 2020 population counts and map data are from 2020 Census State Redistricting Data. Geographic data are from Census TIGER/Line Shapefiles.