Living in Paddock Lake, Wisconsin
Cost of living, income, home prices, rent and demographics of Paddock Lake · Census data 2020–2024
Paddock Lake has 2,947 residents with a median age of 41. The median household income is $87,800 (13% higher than the Wisconsin median), the median home value is $255,700, the median rent is $1,283/month.
Paddock Lake at a glance
- Population
- 2,947
- Median age
- 41State: 40.2
- Median household income
- $87,800State: $77,485
- Median home value
- $255,700State: $266,500
- Median rent
- $1,283/moState: $1,087
- Homeowners
- 82.8%
- Bachelor's degree or higher
- 30.5%
- Average commute
- 33 min
Is Paddock Lake a good place to live?
Pros: Median household income 13% higher than the Wisconsin median; home values 4% lower than the state median; unemployment of 2.5%; a poverty rate of 2.9%.
Cons: An average commute of 33 minutes.
The weather is best in June to September.
Cost of living in Paddock Lake
Housing is the biggest part of the cost of living. In Paddock Lake the median home value is $255,700, 23% lower than the U.S. median. Renters pay a median of $1,283 per month, which is 25.9% of household income. Homeowners with a mortgage pay $1,636 a month in housing costs.
Paddock Lake median household income
The median household income in Paddock Lake is $87,800 and the income per person is $53,127. 2.9% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Paddock Lake: homes for sale and rent
- Housing units
- 1,389
- Owner-occupied
- 82.8%
- Renter-occupied
- 17.2%
- Vacant
- 6.3%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.26
Paddock Lake demographics
- Population
- 2,947
- Median age
- 41
- Under 18
- 20.7%
- 65 and older
- 14%
- Households
- 1,302
- Foreign-born
- 3.5%
- Veterans
- 6.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Paddock Lake ›
Education in Paddock Lake
30.5% of adults 25 and older in Paddock Lake have a bachelor's degree or higher (Wisconsin: 33.4%), and 8.3% have a graduate or professional degree.
Jobs and commute in Paddock Lake
- Unemployment rate
- 2.5%State: 3.2%
- Average commute
- 33 minState: 22 min
- Work from home
- 6.8%
- Drive alone
- 89.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.8%
Paddock Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Paddock Lake | 2,947 | $87,800 | $255,700 | $1,283 |
| Salem Lakes | 14,366 | $94,819 | $316,100 | $1,184 |
| Lily Lake | 456 | $77,824 | $369,800 | — |
| Bristol | 5,207 | $123,648 | $312,800 | $1,328 |
| Lake Catherine | 968 | $91,667 | $257,200 | $1,161 |
| New Munster | 234 | $85,673 | $305,800 | — |
| Channel Lake | 2,052 | $68,250 | $223,000 | $1,584 |
| Antioch | 14,859 | $108,899 | $306,700 | $1,129 |
| Twin Lakes | 6,309 | $86,222 | $270,700 | $870 |
More for people moving to Paddock Lake
Paddock Lake ZIP code ›Weather and climate ›Living in Paddock Lake: FAQ
What is the median household income in Paddock Lake, WI?
The median household income in Paddock Lake is $87,800, 13% 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 Paddock Lake?
The median home value in Paddock Lake is $255,700, compared with $266,500 in Wisconsin.
How much is rent in Paddock Lake?
The median gross rent in Paddock Lake is $1,283 per month, about 25.9% of household income.
Is Paddock Lake, WI a good place to live?
Pluses: median household income 13% higher than the Wisconsin median; home values 4% lower than the state median; unemployment of 2.5%; a poverty rate of 2.9%. Minuses: an average commute of 33 minutes.
What is the median age in Paddock Lake?
The median age in Paddock Lake is 41 years (Wisconsin: 40.2).
How long is the commute in Paddock Lake?
The average commute to work in Paddock Lake is 33 minutes; 6.8% of workers work from home.
What is the unemployment rate in Paddock Lake?
The unemployment rate in Paddock Lake is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Paddock Lake?
30.5% of adults in Paddock 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.
Last updated: