15.5% of Balsam Lake, WI residents had an income below the poverty level in 2022, which was 31.0% greater than the poverty level of 10.7% across the entire state of Wisconsin. 12.8% of high school graduates and 21.2% of non high school graduates live in poverty. The poverty rate was 18.1% among disabled residents. The renting rate among poor residents was 16.7%. For comparison, it was 20.4% among residents with income above the poverty level.
Poverty rates in Balsam Lake, WI
Residents with income below the poverty level in 2022:
Balsam Lake:
15.5%
Whole state:
10.7%
Residents with income below 50% of the poverty level in 2022:
Balsam Lake:
6.1%
Whole state:
5.0%
Poverty rate among disabled residents:
Balsam Lake:
18.1%
Wisconsin:
19.8%
Disability rate in this village among poor residents (it is 20.1% among residents who are not classified as poor):
Balsam Lake:
24.2%
Wisconsin:
23.1%
Renting rate in this village among poor and not poor residents:
Residents below poverty level:
16.7%
Residents above poverty level:
20.4%
Poverty by age in Balsam Lake, WI
Breakdown by age of poor male residents in Balsam Lake,WI (percentage below poverty level)
0.0%Under 5 years
100.0%5 years
0.0%6 to 11 years
0.0%12 to 14 years
40.0%15 years
18.0%16 and 17 years
54.0%18 to 24 years
9.0%25 to 34 years
5.0%35 to 44 years
0.0%45 to 54 years
16.0%55 to 64 years
26.0%65 to 74 years
11.0%75 years and over
Breakdown by age of poor female residents in Balsam Lake,WI (percentage below poverty level)
10.0%Under 5 years
14.8%6 to 11 years
0.0%12 to 14 years
0.0%15 years
16.7%18 to 24 years
28.2%25 to 34 years
5.0%35 to 44 years
43.3%45 to 54 years
27.9%55 to 64 years
0.0%65 to 74 years
16.9%75 years and over
Breakdown by age of very poor residents in Balsam Lake,WI (% below half of poverty level)
0.0%Under 6 years
0.0%6 to 11 years
0.0%12 to 17 years
13.3%18 to 24 years
8.0%25 to 34 years
0.0%35 to 44 years
17.4%45 to 54 years
19.1%55 to 64 years
0.0%65 to 74 years
2.3%75 years and over
Poverty by race and place of birth in Balsam Lake, WI
Breakdown of poor residents within races in Balsam Lake, WI (%)
15.2%White
0.0%Other race
0.0%2+ races
70.0%Hispanic
Breakdown of poor residents within races in Balsam Lake, WI (absolute numbers)
115White
0Other race
02+ races
10Hispanic
15.6%Below poverty level
84.4%Above poverty level
Poverty in families in Balsam Lake, WI
Children below poverty level:
Balsam Lake, Wisconsin:
13.3%
State:
12.4%
Poverty rate among high school graduates:
Balsam Lake:
12.8%
Wisconsin:
7.9%
Poverty rate among people who did not graduate high school:
Balsam Lake:
21.2%
Wisconsin:
22.9%
50.0%Married-couple family
22.2%Male, no wife present
27.8%Female, no husband present
18.2%Worked full-time, year-round
22.1%Worked part-time
59.7%Did not work
0.0%Both worked full-time
0.0%One full-time, other part-time
0.0%One full-time, other didn't work
0.0%Both worked part-time
0.0%One part-time, other didn't work
100.0%Both didn't work
Other data
Owners below poverty level
0.0%1999 to 2000
13.3%1995 to 1998
46.7%1990 to 1994
13.3%1980 to 1989
0.0%1970 to 1979
0.0%1960 to 1969
0.0%1950 to 1959
0.0%1940 to 1949
26.7%1939 or earlier
Owners above poverty level
1.3%1999 to 2000
14.9%1995 to 1998
7.8%1990 to 1994
13.0%1980 to 1989
21.1%1970 to 1979
6.5%1960 to 1969
6.5%1950 to 1959
11.0%1940 to 1949
17.9%1939 or earlier
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