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Lake Lorraine, WI

Full City Profile · Wisconsin · Walworth County County

3.0 /5.0
B Good
251 Population 224/sq mi density
$55,208 Median Income $32,740 per capita
$194,500 Home Value $331,149 Zillow
$933 Median Rent 24.3% income on rent
48°F Avg Temperature 260 sunny days/yr
121 Violent Crime/100K 1,856 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$55,208 median income, 4.7% unemployment
A+
Affordability
4.7 / 5.0
$194,500 home value, $933/mo rent
F
Safety
1.0 / 5.0
121 violent crimes/100K
C+
Education
2.7 / 5.0
21.7% bachelor's degree or higher

Housing Overview

Median Home Value
$194,500
31% below
US avg: $281,900
Median Rent
$933/mo
20% below
US avg: $1,163/mo
Homeownership Rate
69.9%
7% above US avg (65.4%)
Total Housing Units
149
Median year built: 1967

Home Value by Source

Census Median
$194,500
Zillow (ZHVI)
$331,149
Median Sale Price
$265,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.9%
Owner-Occupied
30.1%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent: $933/mo

Market Indicators (Redfin)

Median Days on Market
73 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$160

Affordability & Housing Stock

Rent Burden
24.3%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
69.9%

Complete Housing Data

Home Values

Census Median Value$194,500
Zillow Home Value (ZHVI)$331,149
Median Sale Price$265,500
Price Per Sq Ft$160

Rent

Census Median Rent$933
FMR Studio$797
FMR 1-Bedroom$872
FMR 2-Bedroom$1,097
FMR 3-Bedroom$1,405
FMR 4-Bedroom$1,572

Market

Days on Market73
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$160

Ownership & Stock

Owner-Occupied69.9%
Renter-Occupied30.1%
Homeownership Rate69.9%
Total Housing Units149
Median Year Built1967
Rent Burden24.3%