Oconomowoc Lake, WI

Full City Profile · Wisconsin · Waukesha County County

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 $2,082,456 Zillow
47°F Avg Temperature
A+
Overall
4.6 / 5.0
Strong
A+
Economy
5.0 / 5.0
$250,001 median income, 1.2% unemployment
B+
Affordability
3.7 / 5.0
$1,328,700 home value, /mo rent
A+
Education
5.0 / 5.0
71.8% bachelor's degree or higher

Oconomowoc Lake, WI

At a Glance

Median Income
$250,001
233% above
$140,311 per capita
Home Value
$1,328,700
371% above
Zillow: $2,082,456
Bachelor's Degree+
71.8%
113% above
97.8% high school+
Unemployment
1.2%
67% below
3.9% poverty rate
Obesity Rate
32.9%
2% above
9.5% smoking rate
Avg Temperature
47°F

How Oconomowoc Lake Compares to the U.S. Average

Each bar shows Oconomowoc Lake's value as a percentage of the national average (100% = U.S. avg)

Income
333%
Home Value
471%
Poverty
31%
Bachelor's
213%
Unemployment
33%
Thin vertical line = U.S. national average (100%)

Is Oconomowoc Lake a Good Place to Live?

A+
4.6 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Oconomowoc Lake residents earn a median household income of $250,001 , which is 233% above the national average of $75,149. Per capita income is $140,311. The unemployment rate stands at 1.2% (67% below the U.S. rate of 3.6%). 3.9% of residents live below the poverty line. The area is home to 14,577 business establishments, including 875 restaurants.

Housing & Cost of Living

The median home value in Oconomowoc Lake is $1,328,700 , 371% above the national median of $281,900. Zillow estimates the typical home at $2,082,456. The cost of living index is 94.1 (100 = national average). The median home was built in 1970.

Education

71.8% of adults in Oconomowoc Lake hold a bachelor's degree or higher (113% above the national average). 97.8% have completed high school. Local schools score 7.1/10 in standardized testing.

Climate & Weather

Oconomowoc Lake has an average annual temperature of 47°F (8°C). Winters average 20°F in January while summers reach 72°F in July. Annual precipitation totals 36.8 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population699
Median Age55.5 yrs
Density364/mi²
Male / Female41% / 59%
Foreign Born6.3%
Veterans3.0%

Economy

A+
Median Income$250,001
Per Capita$140,311
Unemployment1.2%
Poverty3.9%
County GDP$42,030M
Avg Weekly Wage$1,346

Housing

B+
Home Value$1,328,700
Rent
Ownership98.8%
Zillow$2,082,456
Housing Units319
Rent Burden27.7%

Health

Obesity32.9%
Diabetes7.8%
Smoking9.5%
Heart Disease4.6%
Premature Death5,179/100K

Climate

Avg Temp47°F
Rain36.8 in/yr
AQI43 (Good)
Elevation876 ft

Education

A+
Bachelor's+71.8%
High School+97.8%
Graduate+39.1%
School Score7.1/10

Community

2024 VoteR 59% / D 39%
Commute24 min
Broadband99.2%
Internet Speed153 Mbps
EV Stations11
Libraries16

Did You Know?

The median home in Oconomowoc Lake was built in 1970.
The nearest airport is General Mitchell International (30 miles).
The Gini coefficient (income inequality) is 0.442 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
4.3% of the population has a disability.
Average internet download speed is 153 Mbps.
There are 875 restaurants in the area.
The county recorded 20 fatal vehicle crashes.