Lake Mills, WI
Full City Profile · Wisconsin · Jefferson County County
3.8
/5.0
B+
Good
6,391
Population
1,529/sq mi density
$87,039
Median Income
$41,944 per capita
$282,400
Home Value
$411,308 Zillow
$1,095
Median Rent
26.4% income on rent
47°F
Avg Temperature
260 sunny days/yr
168
Violent Crime/100K
252 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$87,039 median income, 0.4% unemployment
A+
Affordability
4.9 / 5.0
$282,400 home value, $1,095/mo rent
F
Safety
1.0 / 5.0
168 violent crimes/100K
A+
Education
4.6 / 5.0
45.0% bachelor's degree or higher
Housing Overview
Median Home Value
$282,400
0% below
US avg: $281,900
Median Rent
$1,095/mo
6% below
US avg: $1,163/mo
Homeownership Rate
68.6%
5% above US avg (65.4%)
Total Housing Units
2,807
Median year built: 1979
Home Value by Source
Census Median
$282,400
Zillow (ZHVI)
$411,308
Median Sale Price
$415,000
Median List Price
$399,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.6%
Owner-Occupied
31.4%
Renter-Occupied
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:
$1,095/mo
Market Indicators (Redfin)
Median Days on Market
37 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
21.4%
of listings with price reduction
Price Per Sq Ft
$223
Active Inventory
14
homes for sale
Affordability & Housing Stock
Rent Burden
26.4%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
68.6%
Complete Housing Data
Home Values
| Census Median Value | $282,400 |
| Zillow Home Value (ZHVI) | $411,308 |
| Median Sale Price | $415,000 |
| Median List Price | $399,500 |
| Price Per Sq Ft | $223 |
Rent
| Census Median Rent | $1,095 |
| 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 Market | 37 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 21.4% |
| Homes Sold | 2 |
| Active Inventory | 14 |
| Price Per Sq Ft | $223 |
Ownership & Stock
| Owner-Occupied | 68.6% |
| Renter-Occupied | 31.4% |
| Homeownership Rate | 68.6% |
| Total Housing Units | 2,807 |
| Median Year Built | 1979 |
| Rent Burden | 26.4% |
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