Balsam Lake WI Demographics

 

Population
2000 2009*
Village of Balsam Lake 950 1,082
Polk County 41,319 46,231
State of Wisconsin 5,363,704 5,688,040
Source: U.S. Census * Estimate
Housing
Number of Housing Units 2000
Village of Balsam Lake 673
Polk County 21,129
State of Wisconsin 2,321,144
Source: U.S. Census
Infrastructure
Transportation
Major Highways
Highway Type Name Distance to Nearest
State Highways 46 0 miles
U.S. Highways 8 4 miles
Interstate Highways I-35 34 miles
Rail Service
Provider(s) None
Air Service
Local Air Service
Nearest Local Airport L.O. Simenstad Municipal – Osceola
Airport Classification General Utility
Miles to Airport 20
Scheduled Air Services
Nearest Local Airport Minn.-St. Paul International
Airline Service(s) American, United, Northwest
Miles to Airport 60
Utilities
Electric Provider Northwest Wis. Elec.
Natural Gas Provider WE Energies
Telecomm Provider CenturyLink
Fiber Optics Yes
Water Provider Municipal
Rated Capacity 775 GPM
Actual Capacity n/a
Water Pressure 46 psi to 52 psi
Ground Storage Capacity 0 gallons
Elevated Storage Capacity 225,000 gallons
Waste Water Provider Municipal
Monthly Design Flow 120,000 GPD
Monthly Average Daily Flow 71,525 GPD
Year Facility Constructed 1978
Institutions
Education
Vocational / Technical
Nearest VoTech WITC
Location of VoTech New Richmond
Miles to VoTech 26
University
Nearest University UW-Rice Lake – Barron Co.
Miles to University 37
Health Care
Hospital
Nearest Hospital St. Croix Falls
Miles to Hospital 13
Economy
County Employment by Industry – 2000
Industry Employees
Agriculture/Forestry/Fishing/Hunting/Mining 991
Construction 1,520
Manufacturing 5,780
Transportation and Warehousing, and Utilities 885
Information 330
Wholesale Trade 530
Retail Trade 2,074
Finance/Insurance/Real Estate/Rental/Leasing 780
Services 7,031
Public Administration 632
Total Employment 20,553
Employment Trends
2003 2008
Polk Co. Labor Force 23,835 24,067
Polk Co. Employed 22,196 22,685
Polk Co. Unemployed 1,639 1,382
Polk Co. Unemployment Rate 6.9% 5.7%
Wisconsin Unemployment Rate 5.6% 4.7%
U.S. Unemployment Rate 6.0% 5.8%
Source: Wisconsin Dept. of Workforce Development, Office of Economic Advisors
2008 Wages
Occupation Mean Mediam
Assemblers, Team $13.12 $12.04
Clerk, Bookkeeping/Accting/Audit 14.50 14.47
Clerk, Shipping/Receiving/Traffic 14.52 14.32
Electrician 21.43 20.07
Hand Packers and Packagers 11.29 10.92
Maintenance and Repair Worker 18.16 17.84
Nursing Aide/Orderly/Attendant 12.24 11.92
Secretary, Ex. Legel, Medical/Exec. 14.73 14.45
Tool and Die Maker 21.20 21.56
Welder/Cutter/Solderer/Brazer 17.75 17.83
Source: 2008 Wage Survey, Wisconsin Dept. of Workforce Development
Income (Per Capita)
2005 2006 2007
Polk County $26,817 $27,362 $28,674
State of Wisconsin $32,829 $34,405 $36,272
United States $34,757 $36.714 $38,615
Source: U.S. Dept. of Commerce, Bureau of Economic Analysis
Real Estate And Taxation
Real Estate Equalized Values*
2007 2008 2009
Village of Balsam Lake $144 $149 $139
Polk County $4,933 $5,000 $4,789
State of Wisconsin $486,959 $502,446 $499,856
*Note: Equalized values expressed in millions of dollars.
Taxation – 2008
Local Property Taxes
Effective Full Value Rates (per $1,000) $16.72
Machinery, Equip and Invetory Tax Exempt
Real & Personal Property Full Value $151,339,9000
County Taxes
Sales Tax 0.5%
State Taxes
Sales Tax 5.0%
Corporate Income Tax 7.9%
Personal Income Tax 4.8 – 6.8%
Capital Gains Tax 60% exemption

For more information on Balsam Lake call the Village Hall at (715) 485-3424

Email: vobl@lakeland.ws Screen Shot 2013-03-01 at 2.24.55 PMOr write 404 Main Street Balsam Lake, WI 54810