Balsam Lake vs Milltown

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

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

Balsam Lake has the higher population (819 vs 817 in Milltown). Balsam Lake has the higher median household income ($48,468 vs $37,500 in Milltown). Balsam Lake has the higher median home value ($188,600 vs $114,200 in Milltown).

Population, income & housing

	Balsam Lake	Milltown
Population	819	817
Median age	50.6 yrs	54.4 yrs
Median household income	$48,468	$37,500
Median home value	$188,600	$114,200
Median gross rent	$1,063	$672
Housing units	641	483
Homeownership rate	82.7%	64.1%
Bachelor's degree or higher	20.1%	9.1%
Unemployment rate	7.3%	4.0%

Trends (ACS 5-year, 2019–2023)

	Balsam Lake	Milltown
Population	800 → 819 (+2.4%)	1,030 → 817 (-20.7%)
Median household income	$40,968 → $48,468 (+18.3%)	$37,578 → $37,500 (-0.2%)
Median home value	$133,500 → $188,600 (+41.3%)	$91,000 → $114,200 (+25.5%)
Median gross rent	$822 → $1,063 (+29.3%)	$598 → $672 (+12.4%)

Balsam Lake

Population

800819

Median household income

$40,968$48,468

Median home value

$133,500$188,600

Median gross rent

$822$1,063

Milltown

Population

1,030817

Median household income

$37,578$37,500

Median home value

$91,000$114,200

Median gross rent

$598$672

Age & race/ethnicity

Age distribution (share)

	Balsam Lake	Milltown
Under 5	2.4%	1.1%
5 to 17	11.6%	10.5%
18 to 24	7.0%	6.2%
25 to 34	14.9%	18.4%
35 to 44	11.8%	6.4%
45 to 54	7.4%	9.5%
55 to 64	13.8%	23.0%
65 to 74	15.4%	14.8%
75 and over	15.6%	10.0%

Race & ethnicity (share)

	Balsam Lake	Milltown
White (non-Hispanic)	92.4%	90.0%
Black or African American	1.8%	0.0%
American Indian & Alaska Native	0.1%	1.5%
Asian	1.2%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	1.3%	4.0%
Hispanic or Latino	3.1%	4.5%

Educational attainment (age 25+)

Share of adults 25+

	Balsam Lake	Milltown
No high school diploma	11.9%	7.6%
High school graduate	34.9%	54.7%
Some college or associate's	33.1%	28.6%
Bachelor's degree	14.4%	5.7%
Graduate or professional degree	5.7%	3.4%

Commute to work

How workers get to work (share)

	Balsam Lake	Milltown
Drove alone	74.6%	87.3%
Carpooled	6.9%	5.6%
Public transit	0.0%	0.0%
Walked	10.3%	0.0%
Bicycle	0.0%	0.0%
Worked from home	7.2%	6.1%
Other means	1.0%	1.1%

Housing

Units in structure (share)

	Balsam Lake	Milltown
1-unit, detached	73.0%	57.1%
1-unit, attached	2.3%	4.3%
2 to 4 units	2.7%	5.0%
5 to 19 units	4.8%	9.9%
20 or more units	0.0%	11.2%
Mobile home & other	17.2%	12.4%

Poverty & households

	Balsam Lake	Milltown
Poverty rate	15.7%	20.1%
Average household size	1.99	1.90
Mean commute (minutes)	25	24
Median year structure built	1978	1973