Living in Oconomowoc, Wisconsin
Cost of living, income, home prices, rent and demographics of Oconomowoc · Census data 2020–2024
Oconomowoc has 19,080 residents with a median age of 42.6. The median household income is $106,425 (37% higher than the Wisconsin median), the median home value is $394,500, the median rent is $1,301/month.
Oconomowoc at a glance
- Population
- 19,080
- Median age
- 42.6State: 40.2
- Median household income
- $106,425State: $77,485
- Median home value
- $394,500State: $266,500
- Median rent
- $1,301/moState: $1,087
- Homeowners
- 69.1%
- Bachelor's degree or higher
- 48.4%
- Average commute
- 25 min
Is Oconomowoc a good place to live?
Pros: Median household income 37% higher than the Wisconsin median; unemployment of 2.2%; a poverty rate of 7.7%.
Cons: Home values 48% higher than the state median; an average commute of 25 minutes.
The weather is best in June to September.
Cost of living in Oconomowoc
Housing is the biggest part of the cost of living. In Oconomowoc the median home value is $394,500, 19% higher than the U.S. median. Renters pay a median of $1,301 per month, which is 33.8% of household income. Homeowners with a mortgage pay $2,193 a month in housing costs.
Oconomowoc median household income
The median household income in Oconomowoc is $106,425 and the income per person is $53,735. 7.7% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Oconomowoc: homes for sale and rent
- Housing units
- 8,025
- Owner-occupied
- 69.1%
- Renter-occupied
- 30.9%
- Vacant
- 2.4%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.40
Oconomowoc demographics
- Population
- 19,080
- Median age
- 42.6
- Under 18
- 20.7%
- 65 and older
- 19.9%
- Households
- 7,833
- Foreign-born
- 1.5%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Oconomowoc ›
Education in Oconomowoc
48.4% of adults 25 and older in Oconomowoc have a bachelor's degree or higher (Wisconsin: 33.4%), and 14.3% have a graduate or professional degree.
Jobs and commute in Oconomowoc
- Unemployment rate
- 2.2%State: 3.2%
- Average commute
- 25 minState: 22 min
- Work from home
- 18.2%
- Drive alone
- 74.9%
- Public transit
- 0.2%
- Walk to work
- 1.2%
- Homes with broadband
- 94.7%
Oconomowoc vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oconomowoc | 19,080 | $106,425 | $394,500 | $1,301 |
| Oconomowoc Lake | 669 | $250,001 | $1,210,900 | — |
| Summit | 5,114 | $140,682 | $533,300 | $1,615 |
| Lac La Belle | 259 | $213,958 | $1,312,500 | — |
| Nashotah | 1,354 | $148,403 | $483,300 | $1,375 |
| Ixonia | 2,684 | $93,359 | $345,300 | $1,167 |
| Delafield | 7,202 | $94,806 | $555,800 | $1,457 |
| Chenequa | 742 | $223,750 | $1,402,800 | $3,501 |
| Dousman | 2,479 | $96,513 | $392,800 | $1,421 |
More for people moving to Oconomowoc
Oconomowoc ZIP code ›Weather and climate ›Living in Oconomowoc: FAQ
What is the median household income in Oconomowoc, WI?
The median household income in Oconomowoc is $106,425, 37% 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?
The median home value in Oconomowoc is $394,500, compared with $266,500 in Wisconsin.
How much is rent in Oconomowoc?
The median gross rent in Oconomowoc is $1,301 per month, about 33.8% of household income.
Is Oconomowoc, WI a good place to live?
Pluses: median household income 37% higher than the Wisconsin median; unemployment of 2.2%; a poverty rate of 7.7%. Minuses: home values 48% higher than the state median; an average commute of 25 minutes.
What is the median age in Oconomowoc?
The median age in Oconomowoc is 42.6 years (Wisconsin: 40.2).
How long is the commute in Oconomowoc?
The average commute to work in Oconomowoc is 25 minutes; 18.2% of workers work from home.
What is the unemployment rate in Oconomowoc?
The unemployment rate in Oconomowoc is 2.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oconomowoc?
48.4% of adults in Oconomowoc 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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