Balsam Lake vs Luck

A side-by-side comparison of Balsam Lake and Luck: population, income, housing, and more.

Balsam Lake and Luck are places in Wisconsin. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Luck has the higher population (1,185 vs 819 in Balsam Lake). Luck has the higher median household income ($69,239 vs $48,468 in Balsam Lake). Balsam Lake has the higher median home value ($188,600 vs $145,300 in Luck).

Population, income & housing

	Balsam Lake	Luck
Population	819	1,185
Median age	50.6 yrs	45.5 yrs
Median household income	$48,468	$69,239
Median home value	$188,600	$145,300
Median gross rent	$1,063	$867
Housing units	641	520
Homeownership rate	82.7%	67.7%
Bachelor's degree or higher	20.1%	20.4%
Unemployment rate	7.3%	1.6%

Trends (ACS 5-year, 2019–2023)

	Balsam Lake	Luck
Population	800 → 819 (+2.4%)	1,227 → 1,185 (-3.4%)
Median household income	$40,968 → $48,468 (+18.3%)	$52,933 → $69,239 (+30.8%)
Median home value	$133,500 → $188,600 (+41.3%)	$107,500 → $145,300 (+35.2%)
Median gross rent	$822 → $1,063 (+29.3%)	$726 → $867 (+19.4%)

Balsam Lake

Population

800819

Median household income

$40,968$48,468

Median home value

$133,500$188,600

Median gross rent

$822$1,063

Luck

Population

1,2271,185

Median household income

$52,933$69,239

Median home value

$107,500$145,300

Median gross rent

$726$867

Age & race/ethnicity

Age distribution (share)

	Balsam Lake	Luck
Under 5	2.4%	5.0%
5 to 17	11.6%	14.6%
18 to 24	7.0%	3.1%
25 to 34	14.9%	13.0%
35 to 44	11.8%	14.0%
45 to 54	7.4%	16.4%
55 to 64	13.8%	15.0%
65 to 74	15.4%	10.0%
75 and over	15.6%	8.9%

Race & ethnicity (share)

	Balsam Lake	Luck
White (non-Hispanic)	92.4%	90.5%
Black or African American	1.8%	0.6%
American Indian & Alaska Native	0.1%	0.7%
Asian	1.2%	0.6%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	1.0%
Two or more races	1.3%	4.0%
Hispanic or Latino	3.1%	2.7%

Educational attainment (age 25+)

Share of adults 25+

	Balsam Lake	Luck
No high school diploma	11.9%	9.0%
High school graduate	34.9%	37.1%
Some college or associate's	33.1%	33.5%
Bachelor's degree	14.4%	17.7%
Graduate or professional degree	5.7%	2.7%

Commute to work

How workers get to work (share)

	Balsam Lake	Luck
Drove alone	74.6%	77.3%
Carpooled	6.9%	11.7%
Public transit	0.0%	0.5%
Walked	10.3%	2.8%
Bicycle	0.0%	2.1%
Worked from home	7.2%	4.9%
Other means	1.0%	0.7%

Housing

Units in structure (share)

	Balsam Lake	Luck
1-unit, detached	73.0%	76.0%
1-unit, attached	2.3%	0.8%
2 to 4 units	2.7%	10.8%
5 to 19 units	4.8%	5.6%
20 or more units	0.0%	1.9%
Mobile home & other	17.2%	5.0%

Poverty & households

	Balsam Lake	Luck
Poverty rate	15.7%	9.6%
Average household size	1.99	2.45
Mean commute (minutes)	25	25
Median year structure built	1978	1970