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Oconomowoc Lake, WI

Wisconsin · Metropolitan Area

Oconomowoc Lake is a small town in Wisconsin with a population of 699. Residents earn $250,001 per year, which is 233% above the national average.

4.6 /5.0
A+ Excellent
699 Population 364/sq mi density
$250,001 Median Income $140,311 per capita
$1,328,700 Home Value $1,957,645 Zillow
47°F Avg Temperature 260 sunny days/yr
A+
Overall
4.6 / 5.0
Excellent overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$250,001 median income, 0.8% unemployment
B+
Affordability
3.7 / 5.0
$1,328,700 home value
A+
Education
5.0 / 5.0
71.8% bachelor's degree or higher
Median Income $250,001
233% higher than US avg
Home Value $1,328,700
371% higher than US avg
Bachelor's+ 71.8%
113% higher than US avg
Obesity Rate 32.9%
2% higher than US avg
Unemployment 0.8%
78% lower than US avg
Poverty Rate 3.9%
69% lower than US avg

How Oconomowoc Lake Compares to the U.S. Average (100% = U.S. avg)

People

Population699
Median Age55.5 yrs
Density364/mi²
Male / Female41% / 59%
Largest GroupWhite 84%
Veterans3.0%

Economy

A+
Median Income$250,001
Per Capita$140,311
Unemployment0.8%
Poverty3.9%
County GDP$42,030M
Commute24 min

Housing

B+
Home Value$1,328,700
RentN/A
OwnershipN/A
Zillow$1,957,645
Housing Units319
Rent Burden27.7%

Health

Obesity32.9%
Uninsured5.5%
Smoking9.5%
Depression22.0%
Heart Disease4.6%

Climate

Avg Temp47°F (8°C)
AQI38 (Good)
Rain36.0 in/yr
Sunny Days260/yr
Elevation876 ft (267 m)

Education

A+
Bachelor's+71.8%
High School+97.8%
Graduate+39.1%
School Score5.81

Community

2024 VoteR 59% / D 39%
Commute24 min
Broadband99.2%
Libraries16

Is Oconomowoc Lake a Good Place to Live?

Based on current data, Oconomowoc Lake receives an overall livability score of 4.6 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low unemployment, a highly educated population, abundant sunshine. Areas to be aware of include high housing costs. Oconomowoc Lake stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Oconomowoc Lake is $250,001, which is significantly higher than the national average — 233% above $75,149. This places Oconomowoc Lake among higher-income communities. The job market is very strong with unemployment at just 0.8%. Only 3.9% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 24 minutes.

Cost of Living & Housing

The median home value in Oconomowoc Lake is $1,328,700, making it a premium housing market at 371% above the U.S. median of $281,900. The price-to-income ratio of 5.3x means housing costs are stretched relative to local earnings.

Education

Oconomowoc Lake is a highly educated community — 71.8% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 97.8% have completed high school. Area schools have an average test score of 5.8/10.

Climate & Weather

Oconomowoc Lake experiences four distinct seasons with an average temperature of 47°F. Winters average 20°F in January while summers reach 71°F in July. With 260 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 36.0 inches, including 36.9 inches of snow. Air quality is rated Good with a median AQI of 38.

Oconomowoc Lake has a population of 699 with a density of 364 people per square mile. The median age is 55.5 years, 43% older than the national median of 38.9. The city is predominantly White (84.1%).

Population

699
Total Population
364
People / sq mi
55.5yrs
Median Age
43% above US avg
1.9mi²
Land Area

Gender Distribution

Male 41.2%
Female 58.8%

Race & Ethnicity

Oconomowoc Lake vs U.S. Average

Language Spoken at Home

English Only94.9%
21% above US avg
Spanish5.1%
62% below US avg

Social Characteristics

Oconomowoc Lake vs U.S. Average

The median household income in Oconomowoc Lake is $250,001, which is 233% above the national average of $75,149. The unemployment rate is 0.8% (below the 3.6% US average). 3.9% of residents live below the poverty line. Workers commute an average of 24 minutes.

Income: Oconomowoc Lake vs U.S.

Commute Mode

Income

Median HH Income$250,001
233% above US avg
Per Capita Income$140,311
Avg Weekly Wage$1,346
IRS Avg AGI$118,719

Employment & Poverty

Unemployment0.8%
78% below US avg
Poverty Rate3.9%
69% below US avg
Establishments (County)14,577
County GDP$42,030M

Business (County)

Restaurants875
Healthcare1,644
Retail1,242
Manufacturing838

Tax & Cost of Living

Property Tax (IRS)$7,421
112% above US avg
Cost of Living94.10 (100=avg)
Effective Tax Rate0.56%

Commute & Transportation

Commute Time24.0 min
Drive Alone74.5%
Public Transit0.0%
Work from Home14.2%

Walkability

The median home value in Oconomowoc Lake is $1,328,700, 371% above the national average. Zillow estimates the typical home value at $1,957,645.

Home Value Sources

Ownership Split

Home Values

Census Median$1,328,700
371% above US avg
Zillow ZHVI$1,957,645

Real Estate Market (Redfin)

Rental Costs

Rent Burden27.7%

HUD Fair Market Rent

Studio$797
1 Bedroom$872
2 Bedrooms$1,097
3 Bedrooms$1,405
4 Bedrooms$1,572

Ownership & Property

Owner-Occupied98.8%
Housing Units319
Median Year Built1970

Property Tax

Avg Tax (IRS)$7,421
112% above US avg
Effective Rate0.56%
In Oconomowoc Lake, 32.9% of adults are obese (above the 32.1% national rate). 5.5% of residents lack health insurance. 9.5% are current smokers. 22.0% report depression. 18.3% are physically inactive.

Health Metrics: Oconomowoc Lake vs U.S. Average (%)

Chronic Conditions

Obesity32.9%
2% above US avg
Diabetes7.8%
Heart Disease4.6%
High Blood Pressure27.3%
Asthma10.4%
COPD3.9%
Cancer7.6%
Stroke2.2%

Behaviors & Mental Health

Smoking9.5%
32% below US avg
Binge Drinking23.9%
Physical Inactivity18.3%
Depression22.0%
Mental Distress14.1%
Physical Distress10.0%
Short Sleep30.8%

Healthcare Access

Insurance Rate99.1%
Uninsured5.5%
36% below US avg
Primary Care1:713
Dentists1:1,016
Mental Health1:318
Checkup Rate76.9%
Dental Visits75.1%
Premature Death5,179/100K

Food & Exercise

Food Environment9.3/10
Exercise Access97.4%
Healthcare Facilities1,644
Oconomowoc Lake has an average annual temperature of 47°F (8°C). Winters average 20°F in January while summers reach 71°F in July. Annual precipitation is 36.0 inches. The area enjoys 260 sunny days per year. Air quality is rated Good with a median AQI of 38.

Temperature

20°F Jan (-7°C) 71°F Jul (22°C)
Annual Average46.6°F
14% below US avg
January Average20°F (-7°C)
July Average71°F (22°C)
Sunny Days260 days/yr

Precipitation & Snow

Annual Rainfall36.0 inches
5% below US avg
Snowfall36.9 inches/yr

Air Quality

AQI Median38.0
RatingGood

Geography

Elevation876 ft (267 m)
Area1.9 sq mi (5.0 km²)
Population Density364/sq mi
Coordinates43.1038°N, 88.4497°W
TimezoneAmerica/Chicago
County FIPS55133
It is classified as Metro — 1 million+. 71.8% of residents hold a bachelor's degree or higher (113% above US avg). In the 2024 election, the county voted Republican by a 19.8-point margin. 99.2% of households have broadband internet.

2024 Presidential Election (County)

R 59.2%
D 39.5%

Winner: Republican by 19.8 points

Education

Bachelor's Degree+71.8%
113% above US avg
High School+97.8%
Graduate Degree+39.1%
School Test Score5.81
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density364/sq mi
Total Area1.9 sq mi

Infrastructure & Services

Broadband Access99.2%
Public Libraries16
Healthcare Facilities1,644
Restaurants875
Retail Stores1,242

Safety & Disasters

Fatal Crashes (County/yr)20

Commute & Transportation

Avg Commute24.0 min
Drive Alone74.5%
Public Transit0.0%
Work from Home14.2%

Nearby Cities

Okauchee Lake, WI 4,827 pop · 1.6 mi Oconomowoc, WI 18,385 pop · 2.2 mi Nashotah, WI 1,272 pop · 2.3 mi Delafield, WI 7,192 pop · 4.0 mi Summit, WI 4,997 pop · 4.2 mi Hartland, WI 9,716 pop · 5.8 mi Dousman, WI 2,043 pop · 6.7 mi Merton, WI 3,495 pop · 7.5 mi Ixonia, WI 2,470 pop · 7.7 mi Wales, WI 2,915 pop · 7.9 mi Pewaukee, WI 8,240 pop · 10.7 mi Sussex, WI 11,795 pop · 11.5 mi North Prairie, WI 2,514 pop · 11.5 mi Waukesha, WI 8,479 pop · 12.2 mi
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