Balsam township, Minnesota Crime

Balsam township, Minnesota has a population of 525, with a median household income of $59,400.

Current crime data for Balsam township.

525

👥

Population

525

💰

Median Income

$59,400

📉

Unemployment

4.90%

🏠

Housing Price

$215,000

🚨

Crime Rate

1.10

🌐

Internet Speed

25.00 Mbps

Balsam township is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Balsam township, located in Minnesota, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Balsam township has a population of 525, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Balsam township is $59,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Balsam township is about $215,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Balsam township is 4.90%, slightly above the state average, suggesting moderate employment conditions. Balsam township has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Minnesota, Balsam township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Balsam township offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Balsam township

What is the population of Balsam township?

The population of Balsam township is approximately 525.

Is Balsam township a good place to live?

Balsam township offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Balsam township?

The median household income in Balsam township is around $59,400.

How expensive is housing in Balsam township?

The average housing price in Balsam township is approximately $215,000.