Living in Oconomowoc Lake, Wisconsin
Cost of living, income, home prices, rent and demographics of Oconomowoc Lake · Census data 2020–2024
Oconomowoc Lake has 669 residents with a median age of 55.1. The median household income is $250,001 (223% higher than the Wisconsin median), the median home value is $1,210,900.
Oconomowoc Lake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Oconomowoc Lake at a glance
- Population
- 669
- Median age
- 55.1State: 40.2
- Median household income
- $250,001State: $77,485
- Median home value
- $1,210,900State: $266,500
- Homeowners
- 97.9%
- Bachelor's degree or higher
- 72.8%
- Average commute
- 23 min
Is Oconomowoc Lake a good place to live?
Pros: Median household income 223% higher than the Wisconsin median; unemployment of 1%; a poverty rate of 3.6%.
Cons: Home values 354% higher than the state median; an average commute of 23 minutes.
The weather is best in June to September.
Cost of living in Oconomowoc Lake
Housing is the biggest part of the cost of living. In Oconomowoc Lake the median home value is $1,210,900, 264% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $4,001 a month in housing costs.
Oconomowoc Lake median household income
The median household income in Oconomowoc Lake is $250,001 and the income per person is $125,485. 3.6% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Oconomowoc Lake: homes for sale and rent
- Housing units
- 312
- Owner-occupied
- 97.9%
- Renter-occupied
- 2.1%
- Vacant
- 24.4%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.83
Oconomowoc Lake demographics
- Population
- 669
- Median age
- 55.1
- Under 18
- 14.8%
- 65 and older
- 26%
- Households
- 236
- Foreign-born
- 5.8%
- Veterans
- 3.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Oconomowoc Lake ›
Education in Oconomowoc Lake
72.8% of adults 25 and older in Oconomowoc Lake have a bachelor's degree or higher (Wisconsin: 33.4%), and 38.4% have a graduate or professional degree.
Jobs and commute in Oconomowoc Lake
- Unemployment rate
- 1%State: 3.2%
- Average commute
- 23 minState: 22 min
- Work from home
- 17.9%
- Drive alone
- 73.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 97.9%
Oconomowoc Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oconomowoc Lake | 669 | $250,001 | $1,210,900 | — |
| Oconomowoc | 19,080 | $106,425 | $394,500 | $1,301 |
| Nashotah | 1,354 | $148,403 | $483,300 | $1,375 |
| Summit | 5,114 | $140,682 | $533,300 | $1,615 |
| Chenequa | 742 | $223,750 | $1,402,800 | $3,501 |
| Delafield | 7,202 | $94,806 | $555,800 | $1,457 |
| Lac La Belle | 259 | $213,958 | $1,312,500 | — |
| North Lake | 348 | $67,321 | $384,400 | $893 |
| Hartland | 9,972 | $87,754 | $393,100 | $1,230 |
More for people moving to Oconomowoc Lake
Oconomowoc Lake ZIP code ›Weather and climate ›Living in Oconomowoc Lake: FAQ
What is the median household income in Oconomowoc Lake, WI?
The median household income in Oconomowoc Lake is $250,001, 223% higher 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 Oconomowoc Lake?
The median home value in Oconomowoc Lake is $1,210,900, compared with $266,500 in Wisconsin.
Is Oconomowoc Lake, WI a good place to live?
Pluses: median household income 223% higher than the Wisconsin median; unemployment of 1%; a poverty rate of 3.6%. Minuses: home values 354% higher than the state median; an average commute of 23 minutes.
What is the median age in Oconomowoc Lake?
The median age in Oconomowoc Lake is 55.1 years (Wisconsin: 40.2).
How long is the commute in Oconomowoc Lake?
The average commute to work in Oconomowoc Lake is 23 minutes; 17.9% of workers work from home.
What is the unemployment rate in Oconomowoc Lake?
The unemployment rate in Oconomowoc Lake is 1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oconomowoc Lake?
72.8% of adults in Oconomowoc 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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