Living in Lake Nebagamon, Wisconsin
Cost of living, income, home prices, rent and demographics of Lake Nebagamon · Census data 2020–2024
Lake Nebagamon has 963 residents with a median age of 51.8. The median household income is $79,250 (about the same as the Wisconsin median), the median home value is $284,500, the median rent is $796/month.
Lake Nebagamon is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lake Nebagamon at a glance
- Population
- 963
- Median age
- 51.8State: 40.2
- Median household income
- $79,250State: $77,485
- Median home value
- $284,500State: $266,500
- Median rent
- $796/moState: $1,087
- Homeowners
- 85.5%
- Bachelor's degree or higher
- 39.3%
- Average commute
- 39 min
Is Lake Nebagamon a good place to live?
Pros: Median household income about the same as the Wisconsin median; unemployment of 1.7%; a poverty rate of 3.4%.
Cons: Home values 7% higher than the state median; an average commute of 39 minutes.
The weather is best in June to September.
Cost of living in Lake Nebagamon
Housing is the biggest part of the cost of living. In Lake Nebagamon the median home value is $284,500, 14% lower than the U.S. median. Renters pay a median of $796 per month, which is 33.6% of household income. Homeowners with a mortgage pay $1,888 a month in housing costs.
Lake Nebagamon median household income
The median household income in Lake Nebagamon is $79,250 and the income per person is $46,648. 3.4% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Lake Nebagamon: homes for sale and rent
- Housing units
- 759
- Owner-occupied
- 85.5%
- Renter-occupied
- 14.5%
- Vacant
- 39.9%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.11
39.9% of homes are vacant most of the year, a sign that Lake Nebagamon has many vacation and second homes.
Lake Nebagamon demographics
- Population
- 963
- Median age
- 51.8
- Under 18
- 19.8%
- 65 and older
- 27.1%
- Households
- 456
- Foreign-born
- 0.7%
- Veterans
- 11.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Nebagamon ›
Education in Lake Nebagamon
39.3% of adults 25 and older in Lake Nebagamon have a bachelor's degree or higher (Wisconsin: 33.4%), and 15.5% have a graduate or professional degree.
Jobs and commute in Lake Nebagamon
- Unemployment rate
- 1.7%State: 3.2%
- Average commute
- 39 minState: 22 min
- Work from home
- 8.9%
- Drive alone
- 84.9%
- Public transit
- 0%
- Walk to work
- 3.2%
- Homes with broadband
- 92.1%
Lake Nebagamon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Nebagamon | 963 | $79,250 | $284,500 | $796 |
| Poplar | 626 | $113,125 | $255,600 | $979 |
| Brule | 162 | $92,917 | $232,100 | $917 |
| Solon Springs | 649 | $75,625 | $211,500 | $765 |
| Iron River | 826 | $50,536 | $171,100 | $696 |
| Gordon | 128 | $76,250 | $112,500 | $667 |
| Superior | 653 | $70,694 | $274,200 | $1,270 |
| Superior | 26,677 | $64,216 | $180,400 | $900 |
| Drummond | 141 | $68,958 | $175,000 | $1,063 |
More for people moving to Lake Nebagamon
Lake Nebagamon ZIP code ›Weather and climate ›Living in Lake Nebagamon: FAQ
What is the median household income in Lake Nebagamon, WI?
The median household income in Lake Nebagamon is $79,250, about the same as the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lake Nebagamon?
The median home value in Lake Nebagamon is $284,500, compared with $266,500 in Wisconsin.
How much is rent in Lake Nebagamon?
The median gross rent in Lake Nebagamon is $796 per month, about 33.6% of household income.
Is Lake Nebagamon, WI a good place to live?
Pluses: median household income about the same as the Wisconsin median; unemployment of 1.7%; a poverty rate of 3.4%. Minuses: home values 7% higher than the state median; an average commute of 39 minutes.
What is the median age in Lake Nebagamon?
The median age in Lake Nebagamon is 51.8 years (Wisconsin: 40.2).
How long is the commute in Lake Nebagamon?
The average commute to work in Lake Nebagamon is 39 minutes; 8.9% of workers work from home.
What is the unemployment rate in Lake Nebagamon?
The unemployment rate in Lake Nebagamon is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Nebagamon?
39.3% of adults in Lake Nebagamon have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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