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
Housing Overview
Median Home Value
$1,328,700
371% above
US avg: $281,900
Homeownership Rate
98.8%
51% above US avg (65.4%)
Total Housing Units
319
Median year built: 1970
Home Value by Source
Census Median
$1,328,700
Zillow (ZHVI)
$2,082,456
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
98.8%
Owner-Occupied
1.3%
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
Affordability & Housing Stock
Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
98.8%
Complete Housing Data
Home Values
| Census Median Value | $1,328,700 |
| Zillow Home Value (ZHVI) | $2,082,456 |
Rent
| FMR Studio | $797 |
| FMR 1-Bedroom | $872 |
| FMR 2-Bedroom | $1,097 |
| FMR 3-Bedroom | $1,405 |
| FMR 4-Bedroom | $1,572 |
Market
Ownership & Stock
| Owner-Occupied | 98.8% |
| Renter-Occupied | 1.3% |
| Homeownership Rate | 98.8% |
| Total Housing Units | 319 |
| Median Year Built | 1970 |
| Rent Burden | 27.7% |