Living in North Lake, Wisconsin
Cost of living, income, home prices, rent and demographics of North Lake · Census data 2020–2024
North Lake has 348 residents with a median age of 45.7. The median household income is $67,321 (13% lower than the Wisconsin median), the median home value is $384,400, the median rent is $893/month.
North Lake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
North Lake at a glance
- Population
- 348
- Median age
- 45.7State: 40.2
- Median household income
- $67,321State: $77,485
- Median home value
- $384,400State: $266,500
- Median rent
- $893/moState: $1,087
- Homeowners
- 78.9%
- Bachelor's degree or higher
- 54.1%
- Average commute
- 21 min
Is North Lake a good place to live?
Pros: An average commute of 21 minutes.
Cons: Median household income 13% lower than the Wisconsin median; home values 44% higher than the state median; a poverty rate of 11.8%.
The weather is best in June to September.
Cost of living in North Lake
Housing is the biggest part of the cost of living. In North Lake the median home value is $384,400, 16% higher than the U.S. median. Renters pay a median of $893 per month, which is 51% of household income. Homeowners with a mortgage pay $1,956 a month in housing costs.
North Lake median household income
The median household income in North Lake is $67,321 and the income per person is $33,867. 11.8% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in North Lake: homes for sale and rent
- Housing units
- 183
- Owner-occupied
- 78.9%
- Renter-occupied
- 21.1%
- Vacant
- 27.3%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.62
North Lake demographics
- Population
- 348
- Median age
- 45.7
- Under 18
- 19%
- 65 and older
- 21.8%
- Households
- 133
- Foreign-born
- 5.7%
- Veterans
- 14.5%Adults 18+
Hispanic or Latino can be of any race. Population history of North Lake ›
Education in North Lake
54.1% of adults 25 and older in North Lake have a bachelor's degree or higher (Wisconsin: 33.4%), and 14.5% have a graduate or professional degree.
Jobs and commute in North Lake
- Unemployment rate
- 0%State: 3.2%
- Average commute
- 21 minState: 22 min
- Work from home
- 9%
- Drive alone
- 83.2%
- Public transit
- 0%
- Walk to work
- 3%
- Homes with broadband
- 88.7%
North Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| North Lake | 348 | $67,321 | $384,400 | $893 |
| Chenequa | 742 | $223,750 | $1,402,800 | $3,501 |
| Merton | 3,550 | $173,913 | $575,800 | $2,136 |
| Hartland | 9,972 | $87,754 | $393,100 | $1,230 |
| Nashotah | 1,354 | $148,403 | $483,300 | $1,375 |
| Oconomowoc Lake | 669 | $250,001 | $1,210,900 | — |
| Lac La Belle | 259 | $213,958 | $1,312,500 | — |
| Lisbon | 10,736 | $123,720 | $414,500 | $1,371 |
| Delafield | 7,202 | $94,806 | $555,800 | $1,457 |
More for people moving to North Lake
North Lake ZIP code ›Weather and climate ›Living in North Lake: FAQ
What is the median household income in North Lake, WI?
The median household income in North Lake is $67,321, 13% lower than 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 North Lake?
The median home value in North Lake is $384,400, compared with $266,500 in Wisconsin.
How much is rent in North Lake?
The median gross rent in North Lake is $893 per month, about 51% of household income.
Is North Lake, WI a good place to live?
Pluses: an average commute of 21 minutes. Minuses: median household income 13% lower than the Wisconsin median; home values 44% higher than the state median; a poverty rate of 11.8%.
What is the median age in North Lake?
The median age in North Lake is 45.7 years (Wisconsin: 40.2).
How long is the commute in North Lake?
The average commute to work in North Lake is 21 minutes; 9% of workers work from home.
What is the unemployment rate in North Lake?
The unemployment rate in North Lake is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is North Lake?
54.1% of adults in North Lake 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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